Knowledge Centre

16 January 2025

Nigeria’s Withholding Tax Regulations 2024 and Possible Conflict with Non-Discrimination Provisions in Double Taxation Treaties and Bilateral Investment Treaties

The Withholding Tax Regulations 2024 (WHT Regulations or the 2024 Regulations), issued on 2 October 2024, introduce varying tax rates for residents and non-residents.

15 January 2025

Nullification of the National Lottery Act and the National Lottery Regulation Commission (NLRC) by the Supreme Court of Nigeria

As highlighted in our earlier published Client Alert the Supreme Court’s recent decision nullifying the National Lottery Act and dissolving the National Lottery Regulatory Commission redefines the regulatory framework for Nigeria’s gambling industry.

9 January 2025

Analysing the Whistleblowing Framework in Nigeria: Regulatory Landscape, Compliance Obligations and Best Practices for Organizations

Whistleblowing is an essential tool of corporate governance, helping to curtail misconduct and strengthen organisational integrity.

6 January 2025

SEC Further Tightens Rules on Digital Assets with New Amendments

In wrapping up an undeniably eventful year for the digital asset ecosystem in Nigeria, the Securities and Exchange Commission (SEC) has further tightened the rules applicable to virtual asset service providers (VASPs).

16 December 2024

Securing the Future: Trust as a Strategic Tool for Wealth Management

High-net-worth families and individuals in Ghana often manage diverse asset portfolios across multiple jurisdictions.

13 December 2024

Navigating Online Defamation: Jurisdictional Challenges in a Borderless World

This publication by Femi Oyewole, and Orji A. Uka, tackles the complexities surrounding the question of the jurisdictional competence of a court to hear online defamation claims brought against foreign defendants.

12 December 2024

Criminal liability for defamation in Nigeria: can companies be indicted for wrongful publications?

A business’s reputation is crucial for attracting clients and driving revenue, making its protection essential. However, as businesses struggle with the economic realities, some resort to defamation against competitors.

11 December 2024

Privacy and Compliance – Federal High Court Nullifies Parts of the Nigeria Data Protection Commission’s Guidance Notice for Registration

In a recent ruling, the Federal High Court invalidated certain sections of the Nigeria Data Protection Commission’s (NDPC) Guidance Notice for Registration, citing conflicts with the Nigeria Data Protection Act 2023 (NDPA).

9 December 2024

TEMPLARS Transcripts: Energy & Natural Resources Digest | December 2024

In the December edition of TEMPLARS Transcripts, the Energy and Natural Resources Practice explores key developments across the Nigerian and Ghanaian energy sectors.

27 November 2024

Ghana’s Green Finance Revolution: Aligning Investment with Climate and Sustainability Goals

TEMPLARS Partner, Sarpong Odame, and Senior Associate, Aasiya Sarku Nettey, analyse Ghana’s green finance framework, highlighting how the Ghana Green Finance Taxonomy, Green Bond Regulations, and Carbon Registry are shaping the country’s sustainable.

26 November 2024

TEMPLARS Transcripts: Tax Digest | November 2024

In the November issue of TEMPLARS Transcripts, our Tax Practice provides key updates on legislative developments, policies, and tax administration.

25 November 2024

Supreme Court Declares National Lottery Act Invalid: Implications on Lottery Businesses in Nigeria

On 22 November 2024, the Nigerian Supreme Court delivered a landmark judgment nullifying the National Lottery Act, restricting its application to the Federal Capital Territory and granting states the authority to regulate lotteries.