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... 
Detail Commercial Solicitors | Aug 4, 2023 | Newsletters
The Central Bank of Nigeria (“CBN”) recently introduced notable changes to the Foreign Exchange (“FX”) market regime in Nigeria, through a circular titled: ‘Operational Changes to the Foreign Exchange Market’ (the “Circular”). In this article, we highlight some of the... 
Detail Commercial Solicitors | Jun 22, 2023 | Newsletters
In recent times, legislative actions have been taken to reshape the Nigerian Electricity Supply Industry (“NESI”) with a view to realign post-privatisation issues and expectations of stakeholders in the NESI. On 17th March, 2023, the Constitution of the Federal...