Tag: Act
A Review of the Nigerian business facilitation Act
The Nigerian Business Facilitation Act was signed into law on 14 February, 2023. The Act is a new legislation that has generated tons of debate in the Nigerian business community. The Act seeks to provide a more conducive environment for businesses to thrive in Nigeria and to generally improve the ease of doing business in …
Nigeria Startup Act: Key Details and Everything You Should Know
On October 19, 2022, the President signed into law the long-awaited Nigeria Startup Bill. The legislation, now referred to as the Nigerian Startup Act (the Act), aims to promote the growth of the startup industry and lower market barriers related to compliance and funding. Why the Act was necessary The relevant advancements in innovation, technology, …
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An overview of the Company and Allied Matters Act (CAMA)
The Companies and Allied Matters Act was amended in the year 2020. The new CAMA 2020 provided series of innovative provisions that sought to cause a strong shift from the old to the present reality of doing business in Nigeria. This article lists the major changes by the CAMA 2020. Changes in the Company and …
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Notable changes under the Nigerian Petroleum Industry Act 2021
President Muhammadu Buhari signed the Petroleum Industry Bill into law in August 2021. Experts and key players note that the long-awaited law is hoped to cause pivotal changes to conventional norms and practices in the Nigerian oil and gas industry. With provisions tailored towards an overall improvement of the oil and gas institutional frameworks, fiscal …
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