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An overview of the Nigerian Persons with significant control regulation 2022

On November 23, 2022, the Minister of Industry, Trade, and Investment exercised its power under Section 867 of the Companies and Allied Matters Act, 2020 (“CAMA” or the “Act”) to approve the Persons with Significant Control Regulations, 2022 (the “PSC Regulations”). The PSC Regulations aim to establish a structured and efficient procedure for acquiring and …

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