Thought Leadership

Much Ado About Cost Reflective Tariff

August 16, 2018

Following the handover of the 11(eleven) Distribution Companies (DisCos) and the 6(six) Generation Companies (GenCos) to the core (private) investors and the great expectations that greeted the announcement in November 2015, it would appear that all hopes for improved electricity supply in Nigeria have gradually faded away.

Should Ad Valorem Stamp Duties Apply to Loan Agreements – A Legal Analysis

August 13, 2018

Sometime in the second half of year 2016, the Federal Inland Revenue Service (“FIRS”) issued a notice titled “Establishment of Stamp Duties Offices in all States of the Federation and the FCT”, which contained a list of instruments, items and applicable stamp duty rates chargeable by the FIRS.

The War of a Generation – The Nigerian Codeine Story

August 13, 2018

Codeine, just like tramadol and glue, are the cocaine, crystal meth and heroin of the poor and middle class, with stories of their effects reaching near-mythical proportions. Between January and December 2015, 1044 patients entered for treatment in Nigeria in the 11 treatment centres currently part of the Nigerian Epidemiological Network on Drug Use (NENDU) reporting system.

Overview of the Bilateral Currency Swap Agreement: Implications and Opportunities

August 9, 2018

The historic signing of the Bilateral Currency Swap Agreement (BCSA), with the People's Republic of China has generated a lot of publicity and rightly so, given the radical yet significant impact of the swap arrangement on the Nigerian economy.

Monetising Films Through Tasteful Product Placement and Merchandising

May 31, 2018

In recent years, product placement (or brand integration) and merchandising have become a lucrative source of income for film producers around the world.

The Rise of Africa’s Institutional Investors: Making Indigenous Capital Work for Africa

May 31, 2018

The strong economic performance witnessed across the continent of Africa since the early 2000s, generally called the “Africa Rising” narrative, has been phenomenal for Africa with transformational developments.

Managing Foreign Exchange Denominated Liabilities: Issues & Options

January 10, 2018

“For years, the dollar’s role as the major global currency has been termed an ‘exorbitant privilege’.” — a phrase coined by French Finance Minister and later President, Valéry Giscard d’Estaing.

Nigeria Has a Data Protection Regime

December 12, 2017

Friday, May 25, 2018 is not just any other date on the calendar of EU corporates. It is the date when the EU General Data Protection Regulation (GDPR) takes effect.