Public procurement plays a pivotal role in national development by ensuring the efficient use of public funds for the provision of goods, works, and services. In Nigeria, the Bureau of Public Procurement (BPP) serves as the regulatory authority overseeing the implementation and compliance with procurement laws and procedures. As the nation continues to strengthen its … Read more
Launching a startup or growing a business is an exciting journey that often involves creativity, passion, and a willingness to take risks. However, amid the hustle to bring ideas to life, entrepreneurs frequently overlook one critical area: the legal framework supporting their business. Unfortunately, even a minor legal misstep can result in dire consequences, including … Read more
Starting a new business, especially in a developing economy like Nigeria, often involves navigating a maze of legal, administrative, and operational requirements. For companies intending to hire foreign staff, understanding the Expatriate Quota system is one of the most critical regulatory obligations. This system helps regulate the employment of foreigners and ensures that such employment … Read more
In an increasingly complex regulatory environment, staying compliant is no longer a matter of simple paperwork or routine audits. The explosion of data, ever-evolving laws, and the demand for faster, more efficient service delivery have fundamentally changed how legal and compliance professionals operate. Legal Tech in Regulatory Practice has become a transformative force, reshaping the … Read more
Starting a business is often an exciting yet challenging journey. Between refining a product or service, pitching to investors, and building a customer base, many startup founders tend to overlook one critical area—regulatory compliance. Neglecting this can lead to costly penalties, reputational damage, or even the shutdown of the business. This article explores the key … Read more
In an increasingly digital world, the protection of personal data has become a central concern for individuals, businesses, and governments alike. In Nigeria, data protection and privacy compliance is gaining critical importance as organizations collect, process, and store large volumes of personal information. The key legal framework governing data protection in Nigeria is the Nigeria … Read more
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
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
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
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