The chapter provides an overview of the Banking & Finance Sector and General Economic Conditions; Key Trends and Developments; The Impact of New Legislation and Policies; and the Future of Banking and Finance in Nigeria.Click here to read the full article

Download the PowerPoint presentation for the 10^th Business Series presented by Chukwudi Oilli and Anthony Ezeamama .Click here to downlod presentation

DETAIL’s Associate Partner, Chukwudi Ofili, an article titled “An Analysis of COVID-19 Implications on Contractual Arrangements in the OTC Derivatives Market.” Published by Business Day on May 20, 2020.
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On the 31st March 2020, NERC issued the Order on the Transition to Cost Reflective Tariffs in the Nigerian Electricity Supply Industry (“NESI”) (the “Order”), which became effective from 1stApril 2020. The Order was issued in response to applications for extraordinary tariff review filed by the DisCos and public hearings with stakeholders and sets out a framework and preparatory steps for transitioning into full cost reflectivity in the NESI
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The Finance Act, 2019 was enacted into law on 13th January, 2020 with the objectives of reforming Nigerian tax laws to align with global best practices, support small businesses in line with the ongoing ease of doing business reforms; and raise revenue for government amongst other laudable objectives. The Finance Act made sweeping changes to the provisions of the Companies Income Tax Act (“CITA”), Value Added Tax Act (“VAT Act”), Petroleum Profit Tax Act (“PPTA”), Stamp Duties Act, Personal Income Tax Act (“PITA”), Capital Gains Tax Act (“CGT Act”) and Customs, Excise Tariff, Etc. (Consolidation) Act.
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DETAIL is pleased to announce our contribution of The Nigerian Chapter of The Renewable Energy Law Review, 2nd Edition. Authoring this chapter were Partner, Dolapo Kukoyi and Associates, Victor Samuel and Nnenda Hayatuddini. Published September, 2019
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DETAIL is pleased to announce our contribution of The Nigeria Law and Practice Section of the Chambers Energy: Oil & Gas Guide, 2019, Second Edition. This section was authored by Lead Partner, Ayuli Jemide, Associate Partner, Samson Enikanoselu and Solicitors, Muriel Cookey and Oluwaseun Ariyibi.  Published September 2019 by Chambers and Partners.
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On the 3rd July 2019 and the 10th July 2019, the Central Bank of Nigeria (“CBN”) issued a circular on the Regulatory Measures to Improve Lending to the Real Sector of the Nigerian Economy and subsequent circular on the Guidelines on accessing the CBN Standing Deposit Facility respectively. The circulars are aimed at improving Lending particularly to the Real Sector of the Nigerian Economy.
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11th December, 2018 — DETAIL lawyers, Ayuli Jemide, Lead Partner; Samson Enikanoselu, Associate Partner; Abiodun Oyeledun, Associate Partner; and Temidayo Ajayi, Associate, authored the 2019 Chambers and Partners Global Practice Guide – Nigeria: “Energy: Oil & Gas Law and Practice.” The Guide provides an overview of the general structure of petroleum ownership and regulation in Nigeria; private investment in petroleum upstream and downstream; and the environmental, health and safety regulatory framework.
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