Detail Commercial Solicitors | Jan 21, 2025 | Newsletters
The Lagos State Electricity Law marks a significant step towards decentralizing Nigeria’s electricity market, empowering the state to take full regulatory control. With NERC’s recent Transfer Orders, Lagos now has the autonomy to shape its intrastate electricity... 
Detail Commercial Solicitors | Nov 14, 2024 | Newsletters
The Corporate Affairs Commission (CAC) recently announced its intention to commence the enforcement of the Persons with Significant Control (PSC) Regulations 2022 and mandated Limited Liability Companies, Limited Liability Partnerships and other corporate entities to... 
Detail Commercial Solicitors | Nov 1, 2024 | Newsletters
The primary rationale for imposing the windfall tax on Nigerian banks arises from the substantial foreign exchange gains these institutions have realized due to the depreciation of the Naira. This newsletter examines the government’s objectives, explores the... 
Detail Commercial Solicitors | Sep 9, 2024 | Newsletters
This newsletter provides insight into exit of Nigerian Bulk Electricity Trading Plc. (“NBET”) from the Nigerian Electricity Supply Industry (“NESI”) which creates a bilateral contract market arrangement, as well as reviews the Nigerian Electricity Regulatory... 
Detail Commercial Solicitors | Mar 11, 2024 | Newsletters
Further to the Paris Agreement, a legally binding international treaty on climate change adopted by one hundred and ninety-six (196) parties at the UN Climate Change Conference in Paris, on 12th December 2015 (COP21), countries and their institutional Banks have begun... 
Detail Commercial Solicitors | Oct 11, 2023 | Newsletters
The Nigerian Electricity Regulatory Commission (NERC) is ramping up efforts to ensure adherence to regulations within the country’s power sector. In response to concerns about compliance, NERC is intensifying its scrutiny of power sector licensees. This move is...