
REVIEW OF NIGERIA’S NEW ELECTRICITY ACT: PROMOTING A COMPETITIVE AND SUSTAINABLE POWER SECTOR
INTRODUCTION The recently enacted Electricity Act of 2023 in Nigeria is a key landmark in the ongoing efforts of the country to reform and reinvigorate its power industry. These efforts have been going on for quite some time. The Electricity and Power Sector Reform Act of 2005 has been superseded by the new legislation, which
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PRESIDENT BOLA AHMED TINUBU OF NIGERIA SIGNS STUDENT LOAN BILL INTO LAW
INTRODUCTION On June 12, 2023, President Bola Ahmed Tinubu of Nigeria signed the Student Loan Bill into law. This legislation aims to increase educational access and delivery at the postsecondary level in Nigeria, and its primary focus is on the tertiary level. It is envisaged that the Student Loan Act will alleviate the previous funding
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Telecommunications Companies now licensed to Start Selling Foreign Currencies
Telecommunications companies like MTN, Glo, and Airtel can now vend foreign currencies as the Central Bank of Nigeria( CBN) reveals guidelines for the supervision of Payment Service Banks( PSBs). MTN, Glo and Airtel have fanned into fiscal service request through their accessories; MoMo Agent, SmartCash, and MoneyMaster, independently. Away from their regular service of acceptance of deposits from individualities and small businesses, the Payment Service Banks possessed by the telcos will accept inboundcross-border particular remittances. From
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Suspended NBA General Secretary, Joyce Oduah takes All National Officers To Court
The suspended General Secretary of the Nigerian Bar Association, Joyce Oduah has sued the Association, its entire National Executives and the Inspector General of Police. In the Application marked FHCABJCS1426/2022, filed by her Counsel, Murtala Abdul-Rasheed, SAN, Joyce Oduah is challenging her suspension from office after an emergency meeting held by the National Executive Committee
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DISCOs: CBN and the Bureau of Public Procurement give banks 6 month deadline to quit
The Bureau of Public Enterprises, BPE, and the Central Bank of Nigeria, CBN, has handed down a 6- month deadline to banks which recently took over the shares of core investors in some Electricity Distribution Companies, DISCOs, to exit them. The Director-General of the BPE, Mr. Alex Okoh, told Vanguard in an exclusive interview in
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Senate Passes NATCOM/NATFORCE Bill, Sends To Buhari For Assent
Cybercrime is a global occurrence that has affected every sphere of life, including arbitration. It is no news that the Covid-19 pandemic, despite its negative impact, ushered in an era of a new way of doing things globally.
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Buhari re-appoints non-executive directors for CBN, others
Cybercrime is a global occurrence that has affected every sphere of life, including arbitration. It is no news that the Covid-19 pandemic, despite its negative impact, ushered in an era of a new way of doing things globally.
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Source Music’s application for exclusive trademark rights to GFriend’s name rejected
Cybercrime is a global occurrence that has affected every sphere of life, including arbitration. It is no news that the Covid-19 pandemic, despite its negative impact, ushered in an era of a new way of doing things globally.
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Fed Govt committee recommends N2m monthly pay for professors
Cybercrime is a global occurrence that has affected every sphere of life, including arbitration. It is no news that the Covid-19 pandemic, despite its negative impact, ushered in an era of a new way of doing things globally.
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Twitter sues Elon Musk to force him to continue his Twitter Acquisition
Cybercrime is a global occurrence that has affected every sphere of life, including arbitration. It is no news that the Covid-19 pandemic, despite its negative impact, ushered in an era of a new way of doing things globally.
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