REGULATORY UPDATE: THE NIGERIA DATA PROTECTION BUREAU (NDPB) COMPLIANCE NOTICE FOR THE NATIONAL DATA PROTECTION ADEQUACY PROGRAMME (NADPAP) WHITELIST The Nigeria Data Protection Bureau (NDPB) was established to enforce the Nigeria Data Protection Regulation 2019 (NDPR), a duty previously carried out by the Nigeria Information Technology Advancement Agency (NITDA). In line with this duty, the …
More →GET TO KNOW: 2022 REVISED HANDBOOK ON EXPATRIATE QUOTA ADMINISTRATION The Ministry of Interior (MOI) is the Federal Ministry responsible for issuing Business Permits and Expatriate Quota positions. The handbook on expatriate quota administration imposes guidelines for foreign participation in businesses established in Nigeria. A revised handbook (‘’The Revised Handbook’’) has beenpublished by the MOI. …
More →Introduction The Nigeria Start-up Act project is a joint initiative by Nigeria’s tech start-up ecosystem and the Presidency to harness the potential of our digital economy through co-created regulations. The Act ensures that Nigeria’s laws and regulations are clear, planned and work for the tech ecosystem with the aim of enabling environment for growth, attraction, …
More →By Nnamdi Oragwu, Sharon Juwah and Onyinye Odita Introduction Logistics business has long been in existence. However, the outbreak of COVID-19 and the stay-at-home lockdown order prompted an increased need for the logistics industry, thereby making it more lucrative and it can be said to be one of the most profitable businesses in Nigeria today. …
More →Whilst trustees of non-governmental organisations, associations, initiatives, foundations and religious bodies amongst others; previously registered prior to the passing of the new Act, where registered under Part C of the CAMA, 1990; upon the gazetting of the CAMA 2020, new trustees will henceforth be registered under Part F of CAMA 2020. This does not invalidate …
More →The Corporate Affairs Commission (the Commission/CAC) vide the Registrar-General’s office on March 4, 2022, gave a directive that schools, academies and similar institutions of learning should no longer be approved or registered as Business Names because an institution is essentially a body corporate with perpetual succession, capable of contracting and (subject to such restrictions as …
More →Authors – Nnamdi Ben-Igwenyi AMEI, ABR – Deputy Team Lead, Mining Practice Group, Tobenna Nnamani – Partner INTRODUCTION: In view of resurging sector reforms in the Nigerian extractive sector and global rise in commodity prices, local interests in mining have since grown especially considering its potential for inter sectoral growth and increase in Nigeria’s export …
More →The Corporate Affairs Commission (the Commission) on August 31, 2021, released a circular notifying the public that it had commenced the registration of Limited Liability Partnerships (LLPs) and Limited Partnerships (LPs). The Commission therefore deployed the registration interface for LLPs and LPs on the Company Registration Portal (CRP) and advised members of the public to …
More →The Corporate Affairs Commission (the Commission/CAC) vide its publication dated April 16, 2021, granted an extension period for existing companies to issue all of their unissued share capital in compliance with Section 124 of the Companies and Allied Matters Act 2020 (CAMA) latest by 31st December 2022. By Section 868 (Interpretation section) of CAMA 2020, …
More →The Electoral Act 2022 just became the extant law regulating elections and electoral activities in Nigeria having been assented to by the President on the February 25, 2022. The new electoral law revolutionises approach to elections in Nigeria in giving legal backing to the deploying of technology for the conduct of elections in Nigeria. The …
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