In the August issue of TEMPLARS Transcripts, the Tax Practice provides updates on current tax developments and fiscal trends. If you require any clarifications, please contact any of our named key contacts in the article.
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.
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.