ARTIFICIAL INTELLIGENCE
AI may be feared as the next great job killer, but many of the AI tools and services currently available focus on improving business productivity rather than replacing employees. In fact, nearly two thirds of employees in a recent UK survey conducted by software company ABBYY said they’d be happy to hand over tasks like... Read More
The Nigerian Electricity Supply Industry – Recent Developments And Prospects
Introduction With a population of approximately 186 million as at 2016, Nigeria has an installed capacity of 12,500 MW and a meagre available generating capacity hovering around 7,000MW. Yet, the Federal Government of Nigeria (“FGN”) has set a target to achieve a whooping 20GW of available electricity capacity by the end of the year 2020.... Read More
What Changes Does The Revised FX Manual 2018 Bring To The FX Regime In Nigeria?
The Central Bank of Nigeria (“CBN”) recently released a “Revised Edition” of its Foreign Exchange Manual (“revised FX manual”). The CBN has powers – pursuant to section 1(2) of the Foreign Exchange (Monitoring & Miscellaneous Provisions) Act, 1999 [Cap. F34, Laws of the Federation of Nigeria 2004] (“Forex Act”) – to issue from time to... Read More
Taxation Of Offshore Assets: Highlights Of The Presidential Executive Order No. 8 Of 2018
Apparently, the Executive Order No. 8 of 2018 was on Monday, October 8, 2018, signed by President Muhammadu Buhari in furtherance of the current administration’s resolve to increase tax revenues and stem the tide of tax evasion and money laundering by Nigerian citizens in and outside the country. The Executive Order essentially creates a window... Read More
Doing Business in Nigeria
With a nominal GDP of over $492 billion (2016) and a more than 180-million strong youthful population, Nigeria, is both Africa’s biggest economy and the most populous black nation on earth. Whilst available demographic data presents the country as the preferred investment destination on the continent, ongoing economic reform continues to make Nigeria a progressively... Read More
Why Nigeria is Ripe for a Competition Law
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Re-Examining The Purport Of The Executive Order No. 6 Of 2018
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Nigeria-China Currency Swap Agreement – A Good Deal For Nigeria?
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President Buhari Signed Executive Order No. 5 For Development Of Local Content In Science, Engineering And Technology
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