Knowledge Centre

30 July 2025

Supreme Court Affirms Jurisdiction of the Tax Appeal Tribunal: Implications for Tax Disputes in Nigeria

Recently, the Supreme Court of Nigeria delivered a landmark judgment in TSKJ Construcoes Internacional Sociedade Uniperssoal LDA v. Federal Inland Revenue Service (SC/955/2017), affirming the jurisdiction of the Tax Appeal Tribunal (TAT).

29 July 2025

TEMPLARS Transcripts: Tax Digest | July 2025

In this July 2025 edition of TEMPLARS Tax Transcripts, our Tax Practice shares key developments across tax legislation, administration, and judicial decisions.

28 July 2025

Legal Capacity of a Notify Party: A Review of The Court of Appeal’s Judgment.

The Article examines the Court of Appeal’s decision in Nigeria Engineering Works Ltd v. NCS Board & Ors, which controversially broadens the legal capacity to sue under a bill of lading to Notify Parties.

22 July 2025

Tax Management Mechanics in Nigerian Commercial Contracts

In Nigeria’s evolving tax environment, clear and strategic contract drafting is essential.

21 July 2025

M&A, Restructuring, Creating and Enforcing Security Under Nigeria’s Upstream Petroleum Regulations

During the last round of upstream divestments by IOCs, about US$5 Billion of assets were changing hands when the Nigerian Upstream Petroleum (Assignment of Interests) Regulations, 2024 (the “Regulations”) were introduced.

17 July 2025

Understanding the New Nigerian Tax Regime: Key changes and impact

The tax and regulatory landscape in Nigeria has been evolving rapidly, with significant changes introduced since 2020 through annual Finance Acts.

16 July 2025

TEMPLARS Transcripts: Energy & Natural Resources Digest | July 2025

In July’s edition of the TEMPLARS Transcripts: Energy Digest, we offer an in‑depth review signaling shifting regulatory priorities and fresh investment prospects shaping Nigeria and Ghana’s energy landscape.

14 July 2025

Revisiting the Autonomy Principle in Financial Instruments: Application in Domestic and Cross-Border Contracts

Financial instruments such as letters of credit are recognised all over the world as mechanisms for mitigating the payment obligations of contracting counterparties.

9 July 2025

Court of Appeal Reinforces the Effectiveness of Choice of Foreign Law and Jurisdiction Clauses in Contracts

In Sqimnga (Nig) Ltd v. SAP (Nig) Ltd, the Nigerian Court of Appeal reaffirmed the enforceability of foreign law and jurisdiction clauses in commercial contracts.

8 July 2025

Bank of Ghana Issues New Corporate Governance Guidelines for Payment Service Providers

The Bank of Ghana has issued new Corporate Governance Guidelines under the Payment Systems and Services Act, 2019 (Act 987), applicable to all payment service providers, banks and specialised deposit-taking institutions.

3 July 2025

Regulation of Drone Use in Nigeria: The Road Ahead

As drone technology continues to gain global traction, Nigeria’s drone industry is experiencing rapid growth. However, in contrast to jurisdictions such as the US, UK and Ghana, Nigeria’s 2023 Civil Aviation Regulations remain limited in scope.

2 July 2025

An Overview of the Upstream Petroleum Operations (Cost Efficiency Incentives) Order, 2025

On 30 May 2025, the President of the Federal Republic of Nigeria enacted the Upstream Petroleum Operations (Cost Efficiency Incentives) Order, 2025, creating a performance-based tax credit for upstream lessees, licensees and contractors.