Does Extension of Arbitration Agreements to Non-Signatories Undermine the Principle of Consent as Cornerstone of Arbitration?
INTRODUCTION International arbitration has long been regarded as the cornerstone for resolving disputes between parties engaged in cross-border transactions. A fundamental principle underpinning this mechanism is that arbitration is consensual – a contractual arrangement entered voluntarily to resolve disputes outside the traditional court systems. As frequently expressed in arbitration agreements, consent generally binds only parties […]
DISPUTE RESOLUTION NEWSLETTER – 2025
The year 2024 has been a transformative period in the Nigerian legal landscape – defined by significant judicial pronouncements and pivotal legislative reforms. From landmark judgments redefining the boundaries of constitutional law, fundamental rights enforcement, labour law amongst others, to groundbreaking amendments addressing cybersecurity and financial accountability, both the judiciary and legislature have been instrumental […]
Think Sustainability; Building Sustainable Businesses
Introduction Several reasons underscore the crucial importance of businesses prioritizing sustainability. One significant factor is the growing recognition of the pivotal role organizations’ often play in shaping societal values and addressing global challenges. Companies are increasingly acknowledging the necessity of integrating sustainability into their operations deviating from the traditional ideal which was entirely centered on […]
Nigeria’s Emerging Mining Renaissance: Lithium Discoveries, Billions in Investments, and a 7-Point Agenda – Is Real Transformation Imminent?
Dear Readers, Just weeks after Minister of Solid Minerals Development Dele Alake announced significant discoveries of lithium deposits, alongside major platinum group metals, gold, nickel, copper, and rare earth elements in Kaduna State at the opening ceremony of the African Natural Resources and Energy Investment Summit 2026 held in Abuja, Nigeria’s solid minerals sector has […]
2024 End-of-Year Mining Industry Report
INTRODUCTION The Nigerian mining sector showed considerable resilience and potential for growth in 2024, despite ongoing challenges. The National Bureau of Statistics recently reported that Nigeria’s GDP grew by 3.19% year-on-year in real terms in the second quarter of 2024, surpassing the 2.51% growth recorded in the same period of 2023. This growth, while still tepid, […]
Bureau De Change: Implications, Opportunities, and Challenges of the Proposed 2024 Revised Guidelines.
Introduction The regulation of Bureau de Change Operators (BDCs) remains a topical issue in Nigeria. The Central Bank of Nigeria (CBN) has repeatedly expressed its commitment to addressing the challenges posed by unauthorized operations of some BDCs, which has the potential of undermining the Nigerian financial system. The CBN noted cases of BDC promoters establishing […]
The Untapped Balance Sheet: How the STMAA is Transforming Access to Credit in Nigeria
Introduction Nigerian banks have been lending against land for so long that the habit has calcified into orthodoxy. Ask a credit committee whether a manufacturer with N2 billion in outstanding receivables qualifies for a working capital facility, and the first question is rarely about the receivables, but what title document the borrower possesses. In an […]
Nigeria’s Mini-LNG Boom: A Defining Moment for the Gas Sector?
Dear Readers, Welcome to the maiden edition of conversations from the Energy Desk. The highly anticipated and publicized groundbreaking ceremony for the five mini-LNG projects in Ajaokuta, Kogi State, took place today! Olufemi Soneye, Chief Corporate Communications Officer of NNPC Ltd, had proudly announced the projects: NNPC Prime LNG, NGML/Gasnexus LNG, BUA LNG, Highland LNG […]
Entitlement to Practice as Legal Practitioner in Nigeria: A Closer Look at the Enhanced Trade and Investment Partnership (ETIP) Agreement Between Nigeria and the United Kingdom (UK)
Introduction The recent announcement of the Enhanced Trade and Investment Partnership (ETIP) surfaced when the Federal Government of Nigeria (FGN) formalized an agreement with the United Kingdom (UK) to allow British lawyers to practice law within Nigerian jurisdiction. This purported milestone was achieved through the execution of the ETIP agreement in February 2024, marking a […]
End-of-Year Report on the Nigerian Gas Industry and Investment Projections for 2025 and Beyond
INTRODUCTION In our 2024 Mid-Year Report, we reviewed progress under Nigeria’s Decade of Gas policy, major investments, infrastructure development and divestments in the sector by oil majors, the Federal Government of Nigeria’s (FGN) efforts to boost investments through the 2023-2030 Drilling Campaign and Deep-Water Projects, and the funding sources driving these developments. We also highlighted […]
