Detail Solicitors | May 16, 2019 | Newsletters
Introduction On the 6th of February 2019, the President of the Federal Republic of Nigeria signed the Federal Competition and Consumer Protection Bill into law. Prior to the passage of the Federal Competition and Consumer Protection Act 2018; (the FCCPA), the legal... Detail Solicitors | Apr 10, 2019 | Newsletters
Introduction Following the launch of the Nigerian Gas Flare Commercialization Programme (NGFCP) and the Flare Gas (Prevention of Waste and Pollution) Regulations 2018 (the Regulations) issued by the Minister of Petroleum (the Minister), the Department of Petroleum... Detail Solicitors | Mar 7, 2019 | Newsletters
According to the World Economic Forum’s The Global Competitiveness Report 2017–2018, Nigeria ranked 127th out of 137 economies surveyed in terms of the quality of its roads and 131st out of 137 on the overall quality of its infrastructure. Another report published by... Detail Solicitors | Jan 31, 2019 | Newsletters
Introduction The Nigerian Gas Flare Commercialization Programme (NGFCP) was launched by President of the Federal Republic of Nigeria, Muhammadu Buhari, in his capacity as the Minister of Petroleum Resources (Minister) on 13th December, 2016. The objective of the... Detail Solicitors | Nov 6, 2018 | Newsletters
On 5th October, 2018, the Central Bank of Nigeria (“CBN”), as part of its strategy of boosting the financial inclusion rate in Nigeria, exposed the draft Guidelines on Licensing and Regulation of Payment Service Banks (“PSBs”) with a view of ensuring that over 80% of... Detail Solicitors | Jul 6, 2018 | Newsletters
The Central Bank of Nigeria (CBN) and the People’s Bank of China (PBOC) executed a Foreign Currency Swap Agreement (FCSA) in May 2018, the purpose of which is to enable local Nigerian traders access the renminbi (RMB) under the FCSA. This below infographic...