Business Law
Sustainability Reporting in Nigeria: The Growing Imperative
Sustainability reporting has become a critical component of corporate responsibility globally, and Nigeria is no exception. As businesses and governments recognize the long-term impact of their actions on the environment, society, and economy, sustainability reporting serves as a tool to communicate these impacts transparently. In Nigeria, the growing emphasis on environmental, social, and governance (ESG) factors is reshaping corporate practices, driven by both regulatory frameworks and a shift in stakeholder expectations. The Concept of Sustainability […]
Analysis of The Business Facilitation (Miscellaneous Provisions) Act 2023 in Nigeria
The Business Facilitation (Miscellaneous Provisions) Act 2023 represents a significant milestone in Nigeria’s ongoing efforts to improve its business environment and attract more investment. This legislation, commonly referred to as the Omnibus Act, consolidates and amends various existing laws to streamline business operations and enhance regulatory efficiency. This article delves into the key provisions of the Act, its potential impact on the Nigerian business landscape, and the challenges that may arise in its implementation. Background […]
Legal Insights into the Landmark vs. Lagos-Calabar Coastal Highway Saga
The Landmark vs Lagos-Calabar Coastal Highway saga in Nigeria highlights a clash between development goals and existing infrastructure, raising crucial legal questions about land ownership, property rights, and the government’s power of eminent domain. The crux of the matter lies in the conflict between Landmark Beach Resort, a thriving tourism hub in Lagos, and the government’s plan to construct a 700km coastal road, a project of significant economic importance. The planned route of the highway […]
Investing in Nigeria: A Gateway to African Prosperity
Introduction Nigeria, often referred to as the “Giant of Africa,” is a country brimming with potential and opportunity. With a population exceeding 200 million, it is the most populous country in Africa and the seventh most populous in the world. As an emerging market with a dynamic and diverse economy, Nigeria presents a compelling case for foreign investors seeking to expand their portfolios and tap into new growth opportunities. This article aims to provide a […]
Lithium Mining in Nigeria: Laws, Opportunities and Challenges
Introduction Lithium, a critical component in batteries for electric vehicles and renewable energy storage, has gained significant attention globally. In Nigeria, recent discoveries of lithium deposits have sparked interest in tapping into this valuable resource. This article examines the current regulatory framework governing mining in Nigeria, explores the states where lithium is found, and evaluates the prospects and challenges associated with its sustainable extraction. Legal Framework for Mining in Nigeria Mining operations in Nigeria are […]