When the news broke that the Nigerian sprint queen Favour Ofili was considering switching nationality to represent Turkey, it stirred more than headlines. It stirred hearts. While nationality swaps are not new in international sports, the governing rules under World Athletics provide a detailed framework balancing the freedom of the athlete with the integrity of …
Author Archives: Lexsetters
Highlights of the Nigerian Data Protection Act -General Application and Implementation Directive (NDPA-GAID) 2025
On 20th March 2025, the Nigerian Data Protection Commission (NDPC) issued the Nigeria Data Protection Act – General Application and Implementation Directive 2025 (GAID). The primary objective of the GAID is to provide necessary guidelines and directives on the implementation of the Nigerian Data Protection Act 2023 (NDPA). With the issuance of the GAID which …
LICENSING/REGISTRATION REQUIREMENTS UNDER THE MINI-GRID REGULATIONS, 2023
Author: Lexsetters LLP Following the enactment of the Electricity Act 2023 (which repealed the Electric Power Sector Reform Act 2005), the Nigerian Electricity Regulatory Commission (the ‘Commission’) issued the Mini-Grid Regulations, 2023 (the ‘Regulation’). The Regulation is primarily geared towards ensuring that reliable and affordable power is accessible to the underserved and unserved areas of …
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THE CAC EXTENDS THE TIME FOR FULL APPLICATION OF PENALTIES FOR FAILURE TO FILE ANNUAL RETURNS BY COMPANIES
The Corporate Affairs Commission (the “Commission”) have extended the grace period for the full application of penalties for failure to file annual returns by companies, from 1st January 2024 to 1st April 2024. This is contained in the public notice issued by the Commission dated 28th December 2023. The Commission had in its earlier public …
Full Application of Penalties for Failure to File Annual Returns by Companies
By 1st January 2024, the Corporate Affairs Commission (the “Commission”) will commence the enforcement of penalties for non-compliance with the filing of annual returns. In its Public Notice of November 2nd 2023, the Commission stated that as from that date, the penalties prescribed by the Companies Regulations against a company and each of its directors …
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DEMONSTRATING COMPLIANCE WITH THE NIGERIAN DATA PROTECTION REGULATION
“The NDPR outlined various obligations which an organization must comply with as a way of demonstrating its compliance with the NDPR. These obligations, better described as the ‘Accountability Obligations’ are subsumed in Art. 2.1(3) of the NDPR which provides that “anyone who is entrusted with the personal data of a data subject or who is …
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HIGHLIGHTS OF THE KEY PROVISIONS OF THE BUSINESS FACILITATION (MISCELLANEOUS PROVISIONS) ACT 2022
On 8th February 2023, President Muhammad Buhari signed into law, the Business Facilitation (Miscellaneous Provisions) Act, 2022 (“BFA”). The objectives of the BFA are to promote the ease of doing business in Nigeria and eliminate bureaucratic bottlenecks; amend relevant legislation to promote the ease of doing business in Nigeria, and institutionalize all the reforms to ease implementation. It further amended specific provisions of 21 business-related laws to remove bureaucratic obstacles to doing business in Nigeria. We have reviewed the BFA and highlighted its salient provisions, including the legislations that were consequentially amended.
Highlights of the Nigerian Startup Act, 2022
On 19th October 2022, the Nigerian Startup Act, 2022 (the “NSA”) was signed by the President of the Federal Republic of Nigeria. Amongst other things, the NSA provides for the creation and development of an enabling environment for technology-enabled startups in Nigeria. In this article, we feature the highlights of the NSA, and how it …
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The FIFA Clearing House and the Future of Nigerian Football Clubs
The specific objectives of the FCH are to “process specific payments related to the transfer of football players between clubs; protect the integrity of the football transfer system ; enhance and promote financial transparency in the football transfer system; and prevent fraudulent conduct in the football transfer system.
THE NDPB ISSUES COMPLIANCE NOTICE FOR THE NATIONAL DATA PROTECTION ADEQUACY PROGRAMME WHITELIST
The Nigerian Data Protection Bureau (“NDPB” or “Bureau”) has issued a notice for compliance to its Whitelist for the National Data Protection Adequacy Programme (“NaDPAP”). The Whitelist which was established pursuant to section 37 of the Constitution of the Federal Republic of Nigeria, 1999 (as amended) and the Nigerian Data Protection Regulation (“NDPR”) 2019, will …