6 Key Regulatory Compliance Requirements for Government Contractors in Nigeria

Government contracting in Nigeria offers lucrative opportunities for businesses, both large and small. However, access to these opportunities is tightly regulated to ensure transparency, accountability, and capacity among contractors. One of the fundamental prerequisites for participating in public procurement is meeting specific compliance obligations as stipulated by relevant government agencies. These compliance requirements for government … Read more

Key Functions of FCCPC in Nigeria

The Federal Competition and Consumer Protection Commission (FCCPC) is Nigeria’s foremost regulatory body for competition and consumer protection. Established by the Federal Competition and Consumer Protection Act (FCCPA) 2018, the FCCPC plays a vital role in regulating market activities to ensure fairness, transparency, and consumer welfare. The FCCP Act repealed the Consumer Protection Council Act … Read more

Understanding Mergers in Nigeria: A Simple Guide for Lawyers and Compliance Experts

In today’s competitive business environment, companies are constantly seeking strategic ways to grow, stay relevant, or reduce competition. One of the most common approaches is through mergers. For legal and compliance professionals, understanding the regulatory landscape around mergers in Nigeria is not only important—it’s essential. This article provides a simplified, practical guide to mergers in … Read more

Key Regulatory Compliance Requirements for Nigerian Businesses in 2025

In an evolving economic and regulatory landscape, compliance remains a critical aspect of Nigeria’s business operations. Regulatory compliance ensures that businesses adhere to applicable laws, guidelines, and industry standards. Failure to comply with these requirements can lead to severe legal, financial, and reputational risks. As businesses plan for 2025, understanding the key Regulatory Compliance Requirements … Read more

The Importance of Corporate Governance in Regulatory Compliance

Corporate governance and regulatory compliance are two interdependent pillars that uphold business integrity, sustainability, and accountability. Corporate governance refers to the structures, principles, and processes by which a company is directed and controlled, ensuring transparency, fairness, and accountability to stakeholders. Regulatory compliance, on the other hand, involves adherence to laws, regulations, and guidelines applicable to … Read more

Understanding the Major Areas of Intellectual Property and Their Importance

In today’s knowledge-driven economy, intellectual property (IP) plays a crucial role in protecting the creations of the human mind. From artistic works to groundbreaking inventions and unique business identities, intellectual property laws ensure that individuals and businesses can safeguard their innovations and reap the benefits of their creativity. Understanding the major areas of intellectual property … Read more

Can a Cryptocurrency Company Register Under CAC in Nigeria?

Cryptocurrency has gained significant traction worldwide, including in Nigeria, where digital assets have become increasingly popular for transactions, investments, and remittances. However, the legal framework governing cryptocurrency in Nigeria remains a subject of debate. One of the most pressing questions for entrepreneurs and investors in the digital asset space is whether a cryptocurrency company can … Read more

The Essence of SCUML Certification for Businesses

In today’s globalized and interconnected world, the importance of regulatory compliance cannot be overstated. One critical aspect of compliance for businesses in Nigeria is obtaining the Special Control Unit Against Money Laundering (SCUML) certification. This certification, issued by SCUML under the Economic and Financial Crimes Commission (EFCC), is a cornerstone in the fight against money … Read more

Legal Compliance as a Competitive Advantage in the Nigerian Market

In today’s fast-evolving business environment, companies face an increasing array of legal and regulatory requirements. In Nigeria, where regulatory frameworks cut across multiple sectors and industries, legal compliance is not just an operational necessity but a strategic tool. Companies that prioritize adherence to legal and regulatory standards find themselves in a position to leverage legal … Read more

The Role of Intellectual Property Law in Business Growth and Protection

In today’s dynamic global marketplace, businesses face increasing competition and the ever-evolving challenge of protecting their unique ideas and innovations. Intellectual Property (IP) law serves as a critical tool in this endeavour, offering businesses the legal framework to secure their intangible assets and drive growth. From securing exclusive rights to fostering innovation and maintaining competitive … Read more