Regulators Response to Business Continuity (Health & Pharmaceuticals Sector)May 18, 2020
The COVID-19 pandemic continues to adversely affect the world and global economy particularly the health sector. All over the world, nations are beginning to strengthen their health sector in a bid to protect their populace, curb the spread of the coronavirus as well as establish strong and formidable health industries to deal with current and future health hazards.
NITDA Extends Deadline To File Data Protection Audit Report To 30th June 2020May 14, 2020
The National Information Technology Development Agency (NITDA) has granted a further extension of time for companies yet to comply with their data audit filing obligations under the Nigeria Data Protection Regulation (NDPR). Such companies now have till 30th June 2020 to file their Data Audit reports.
COVID-19 Update: Exemption of Medical Supplies from Import Duties in NigeriaMay 8, 2020
The Federal Government of Nigeria has implemented new fiscal policy measures, towards facilitating the importation of essential medical supplies, as the nation continues in its attempts to combat the global pandemic crisis created by the COVID-19 Virus.
COVID-19 and the Role of Insurance: Emerging Issues for your BusinessMay 7, 2020
The outbreak of the Corona Virus (COVID-19) pandemic has had a devastating economic effect on several businesses. Although businesses may have continuity and contingency plans in place, those plans may generally not protect the business from some losses occasioned by travel and movement restrictions and disruptions to the supply chain.
Frustration of Contract in NigeriaApril 24, 2020
Frustration of contract is a defence available to a defendant who would otherwise be liable for breach of contract for non-performance of contractual obligations but for the occurrence of a fundamental event that makes it impracticable or impossible to perform the contract.
Regulators Response To Coronavirus Pandemic (COVID-19) Part 2 (Financial Services Sector)April 1, 2020
The COVID-19 pandemic continues to adversely affect people’s health, businesses and the global economy. Since the declaration of the outbreak in Nigeria, the Federal Government has announced several economic and regulatory measures to curtail the outbreak and more importantly the effect of the outbreak on the economy.
Regulators Response To Coronavirus Pandemic (COVID-19)March 31, 2020
Following the outbreak of the COVID-19 pandemic, the Federal Government of Nigeria through its Ministries, Departments and Agencies (MDAs) has put in place measures to curb the spread of the virus as well as ensure business continuity.