A major innovation introduced by the Nigeria Tax Act (the “NTA”) is the 15% Minimum Effective Tax Rate (the “METR”), which represents a fundamental shift in Nigeria’s corporate tax framework. The METR is intended to [...]
Understanding Nigeria's evolving legal and policy framework for data localisation, data residency, sovereign cloud infrastructure and cross-border data transfers download pdf Introduction Artificial intelligence, cloud computing, cybersecurity and digital sovereignty [...]
The CBN's recent circular introducing market structure restrictions within the payments ecosystem may represent one of the most significant regulatory interventions in the sector in recent years. While the circular also introduces data localisation and [...]
Ghana has taken a significant step towards improving its investment climate with the passage of the Ghana Investment Promotion Authority (GIPA) Bill, 2025, which seeks to repeal the Ghana Investment Promotion Centre Act, 2013 (Act [...]
On 13 February 2026, His Excellency, Bola Ahmed Tinubu, GCFR, President of the Federal Republic of Nigeria, pursuant to sections 3(1), (4), and (5) of the Petroleum Industry Act 2021 (the “PIA”) and section 5 [...]
Family-owned and closely held companies remain a pivotal part of Nigeria’s private sector and growing economy. The introductory paragraph of the Financial Reporting Council’s (FRC) SME Corporate Governance Guidelines indicates that these companies, ranging from [...]
All over the world, households and businesses are affected by electricity issues, the availability or non-availability of it, however, each country faces its own unique circumstances. These challenges take different forms ranging from reliability to [...]
The Nigerian Electricity Act 2023 (EA 2023) made mini-grids one of the cornerstones of Nigeria’s power sector reform. It, through the licensing mechanism, moved mini-grids from being a niche “rural electrification” tool into a full [...]
Ghana ranks as the second-largest producer of cocoa globally, with its beans highly valued for their reliable quality and rich taste. Recognising its strategic importance, the Government of Ghana has instituted a comprehensive regulatory framework [...]
For many Nigerians, moving abroad meant a clean break from Nigerian tax obligations. Once overseas, tax responsibilities were generally understood to follow income and activity, not family or property left behind. That is no longer [...]
AELEX is pleased to have represented the successful defendant, RETAIL SUPERMARKETS NIGERIA LIMITED (RSNL), in a suit instituted by UNILEVER NIGERIA PLC in SUIT NO: LD/ADR/3639/2021. Unilever Nigeria Plc alleged that after an internal financial [...]
AELEX’s reputation as one of Nigeria’s foremost tax law firms has once again been reaffirmed in the 2025 International Tax Review (ITR) World Tax Rankings. The firm achieved Tier 1 rankings in both Tax Controversy [...]
The AELEX Arbitration Practice Group is delighted to present another edition of Arbitration Week, holding on 2–3 October 2025. The first day will be a virtual session on construction and infrastructure disputes in emerging markets, [...]
In March 2025, the Nigeria Data Protection Commission (“NDPC”) issued the Nigeria Data Protection Act (“NDPA”) General Application and Implementation Directive, 2025 (“GAID”). The GAID officially takes effect today, 19 September 2025 marking a new [...]
ǼLEX is pleased to invite you to an insightful webinar on "Incoterms and International Trade: Navigating Risk, Responsibility, and Cost in Cross-Border Transactions", aimed at demystifying the Incoterms 2020 rules and their strategic use in [...]
THE HIGH COURT OF LAGOS STATE UPHOLDS THE NIGERIAN SOCIETY OF ENGINEERS’ OWNERSHIP OF PLOT PC 2A ON ENGINEERING CLOSE, VICTORIA ISLAND AND AWARDS DAMAGES IN THE SUM OF N100 MILLION AGAINST THE FEDERAL GOVERNMENT FOR TRESSPASS.
Nigeria has continuously experienced a surging adoption of digital assets, with revenues in 2025 projected at over US$1.5 billion.[1] Recognising the vast economic opportunities and benefits of digital assets and the attendant risks inherent in [...]
ENVIRONMENTAL LAW AND PRACTICE IN NIGERIA ~ OVERVIEW
Recently, we have seen a frenzy of conversations about BRICS, its expansion and what it means for new participating countries like Nigeria. It would seem as though it is a new phenomenon or the latest [...]
In a landmark decision delivered on 22 November 2024, the Supreme Court nullified the National Lottery Act 2005 (‘NLA’), which established the National Lottery Regulatory Commission (‘NLRC’) and granted it authority to regulate national lotteries [...]
