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Category: Compliance

NAVIGATING THE REGULATORY FRAMEWORK FOR CHEMICAL IMPORTATION IN NIGERIA

Chemical importation is a highly regulated business activity in Nigeria. This is largely due to the sensitive nature and the possible abuse of some of these chemical items, especially in the wake of the incessant acts of terrorism which has now become a global phenomenon. Thus, it is incumbent on every business owner intending to […]

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EXAMINING NAFDAC GUIDELINES FOR THE IMPORTATION AND MANUFACTURING OF MEDICAL DEVICES IN NIGERIA

  The National Agency for Food and Drugs Administration and Control (NAFDAC) (more particularly the Registration and Regulatory Directorate) is the agency in charge of issuing approvals for medical devices, amongst other classes of regulated products, in Nigeria. According to the NAFDAC Act, LFN 2004, a medical device is any instrument, apparatus or contrivance (including […]

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EXAMINING LIMITED PARTNERSHIPS UNDER CAMA 2020

Limited partnerships are a form of partnerships that are now regulated under the Companies and Allied Matters Act 2020 (CAMA). Partnerships were generally hitherto only regulated federation wide by the Partnership Act 1890 (PA) – a statute of general application not having provisions for Limited Partnerships. Lagos state enacted a law for Partnerships including regulations […]

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THE LEGAL 500 : TAX COUNTRY COMPARATIVE GUIDE (NIGERIA)

The Legal 500’s Country Comparative Guides are produced in association with the World’s leading lawyers and gives the in-house community a practical overview of the laws and regulations in key jurisdictions, for specific practice areas. Each country chapter is written by a renowned firm in an easy to use Q&A format. The Hot Topic articles […]

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HIGHLIGHTS OF THE NEW COMPANIES AND ALLIED MATTERS ACT 2020

INTRODUCTION The signing of the Companies and Allied Matters Act, 2020 (“CAMA, 2020”) into law by President Muhammadu Buhari on the 7th of August, 2020 rides on the successful enactment of the Finance Act which fundamentally repositions Nigeria tax legislations and the enactment of the Federal Competition and Consumer Protection Act of 2019 which represents […]

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