Green Bonds in Nigeria: Navigating the Boundaries between Sustainable Finance and Greenwashing
Green Bonds have emerged as a vital instrument for financing sustainability, placing Nigeria at the forefront of Africa’s green finance landscape through innovative issuances and progressive legislation. However, the growing risk of greenwashing highlights the critical need for robust documentation and regulatory compliance. In our latest article, we explore Nigeria’s legal framework for green finance, the challenges posed by greenwashing, and the essential role lawyers play in safeguarding the integrity and credibility of sustainable finance.
Nigerian Insurance Industry Reform Act 2025: What is New? Part 3
The Nigerian Insurance Reform Bill 2024, now awaiting presidential assent, marks a major step forward for the sector. It aims to modernize the legal framework and strengthen the industry’s role in driving economic growth. In Part 2 of the Insurance Reform Bill Series, we highlight the proposed capital composition requirements for new and existing insurance companies.
Nigerian Insurance Reform Bill 2024: What is New? Part 2
On August 5, 2025, the Nigerian Insurance Industry Reform Act was signed into law, marking a significant milestone for the industry. This new legislation introduces crucial reforms to address modern challenges and emerging risks in the insurance sector. In Part 3 of the Insurance Reform Act Series, we delve into the Act’s provisions on corporate governance, consumer protection, and technological integration, and their potential impacts on the industry.
The Investments and Securities Act 2025: A Game Changer in Nigeria’s Capital Market?
The Investments and Securities Act 2025: A Game Changer in Nigeria’s Capital Market? On March 31, 2025, President Bola Ahmed Tinubu signed the Investments and Securities Act (ISA), 2025 (the ISA 2025 or the Act), into law, heralding a new chapter in Nigeria’s capital market regulation. The ISA 2025 repeals the ISA 2007 and introduces […]
Unbottling the Judgment Enforcement Process in Nigeria?
Unbottling the Judgment Enforcement Process in Nigeria? In Nigeria, enforcing a judgment is a complex process that is bedevilled with challenges that can hinder a judgment creditor from enjoying the fruits of his or her judgment. At the core of public confidence in the judicial process is the need for assurance that successful litigants who […]
Nigerian Insurance Reform Bill 2024: What is New?
The Nigerian Insurance Reform Bill 2024, which is now awaiting presidential assent, is a landmark achievement in Nigeria’s insurance industry. The legislation aims to revitalize Nigeria’s insurance sector through a unified and modern legal framework and create a robust and dynamic insurance industry that can contribute significantly to Nigeria’s economic growth. In this Part of the Insurance Reform Bill Series, we highlight the proposed fundamental changes to the extant Insurance Act 2003.
Please be informed that our Insurance Reform Review Team, comprising members of our various practice areas, will be publishing weekly critical insights on the Bill. These insights aim to provide stakeholders with a comprehensive understanding of the Insurance Bill’s implications. This series will culminate in a Roundtable session, bringing together key stakeholders from the insurance sector to discuss the Bill’s potential impact and share perspectives on its implementation.
Crude Realities: The Path to Effective Domestic Crude Oil Supply in Nigeria
Crude Realities: The Path to Effective Domestic Crude Oil Supply in Nigeria Nigeria’s dependence on imported petroleum products has been a major economic challenge, costing billions annually. To tackle this issue, enhancing local refining capacity is crucial. The Domestic Crude Oil Supply Obligation (DCSO) aims to ensure a steady supply of crude oil to domestic […]
Transforming Property Management in Nigeria with Blockchain, Artificial Intelligence and Virtual Reality
Transforming Property Management in Nigeria with Blockchain, Artificial Intelligence and Virtual Reality Technology has undoubtedly transformed our world, offering incredible development in various sectors. Stakeholders in real estate practice worldwide have recognized the value of innovative technology in the real estate sector and embraced its influence in the industry for numerous reasons such as increased […]
Pension Funds and the Nigerian Capital Markets: Impact, Challenges and Prospects
Pension Funds and the Nigerian Capital Markets: Impact, Challenges and Prospects Over the years, the Nigerian capital market has evolved from dominance by heavy government interference to active participation of private institutions such as pension funds and other institutional investors. In recent times, though pension funds participate in the Nigerian capital market, there is […]
Review of Minimum Requirements for Commercial, Merchant and Non-Interest Banks by the Central Bank of Nigeria: A Revitalization of the Nigerian Economy?
Review of Minimum Requirements for Commercial, Merchant and Non-Interest Banks by the Central Bank of Nigeria: A Revitalization of the Nigerian Economy? The Central Bank of Nigeria (CBN) has announced a new policy, as of March 28, 2024, that increases the minimum capital requirements for commercial, merchant, and non-interest banks. This is the first such […]