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Top Pavestones Legal News

Landmark $747 Million Syndicated Loan Secured for Phase 1 Section 1 of the Lagos-Calabar Coastal Highway
Bola Tinubu · Lagos

Landmark $747 Million Syndicated Loan Secured for Phase 1 Section 1 of the Lagos-Calabar Coastal Highway

67% Center coverage: 6 sources
The Federal Government has secured a $747 million loan to finance Phase 1, Section 1 of the Lagos-Calabar Coastal Highway project, stretching from Victoria Island to Eleko Village.See the Story
NCC Introduces Flexible Licensing Framework to Power Nigeria’s Digital Leap
Innovation · Nigeria

NCC Introduces Flexible Licensing Framework to Power Nigeria’s Digital Leap

The Nigerian Communications Commission (NCC) has introduced a bold new licensing regime designed to support innovation, fast-track emerging technologies, and expand access across Nigeria’s digital ecosystem.  The post NCC introduces flexible licensing framework to power Nigeria’s digital leap  appeared first on Nairametrics.See the Story

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Landmark $747 Million Syndicated Loan Secured for Phase 1 Section 1 of the Lagos-Calabar Coastal Highway

Left33%
Center67%
Right0%

LEGAL CONSIDERATIONS OF REAL ESTATE TOKENISATION IN LAGOS – Pavestones Legal

BY SEUN TIMI-KOLEOLU AND OMODELE FATODU LEGAL CONSIDERATIONS OF REAL ESTATE TOKENISATION IN LAGOS Introduction Real estate is one of the most lucrative sectors in Nigeria, with property values in parts of Lagos appreciating by as much as 10% annually. Yet, the sector remains plagued by bureaucratic inefficiencies, lack of transparency, and widespread fraud. In a bid to combat these prevalent issues, the Lagos State Government has announced plans…Real Estate · LagosRead Article

IMPACT OF THE INVESTMENT & SECURITIES ACT (2025) ON OWNERSHIP AND USE OF VIRTUAL ASSETS IN NIGERIA – Pavestones Legal

Aderonke Alex-Adedipe and Mark Imonitie Introduction The Investment and Securities Act (ISA) 2025 was enacted on March 31, 2025 by President Bola Ahmed Tinubu to replace the previous ISA, updating the law with provisions impacting emerging trends, global standards and recent developments in the Nigerian Capital Market. In particular, the introduction of these provisions and changes in the ISA holds significant impact on the ownership and use of…Bola Tinubu · NigeriaRead Article

AfCFTA: REDUCTION OF TARIFF ON PRODUCTS TRADED IN AFRICA – Pavestones Legal

BY SEUN TIMI-KOLEOLU AND HILLARY OKOROTIE Introduction The African Continental Free Trade Area (AfCFTA) agreement was entered into in 2018 with the primary aim of promoting commerce and creating a single market that liberalizes trade among state parties in Africa. One of the ways this goal is to be achieved is by reducing tariffs on goods traded between state parties. Given the importance of tariff reduction to the liberalization of trade in Afr…TradeRead Article

ANTI-MONEY LAUNDERING REGULATION IN NIGERIA – CBN EXPOSURE DRAFT ON STANDARDS FOR AUTOMATED ANTI-MONEY LAUNDERING (AML) SOLUTIONS – Pavestones Legal

BY SEUN TIMI-KOLEOLU AND ENIOLA SOGBESAN Introduction The fight against money laundering and terrorist financing remains a critical priority for global financial systems. As financial transactions have become increasingly digitized, the importance of robust and automated Anti-Money Laundering (AML) solutions have become imperative.  To this end, the Central Bank of Nigeria (CBN) in pursuance of its regulatory powers on May 20, 2025, issued a dr…Nigeria · NigeriaRead Article

CBN Introduces Automated AML Solutions to Fight Financial Terrorism, Gives Deadline to Banks

The Central Bank of Nigeria (CBN) has introduced a draft Baseline Standard to automate anti-money laundering and counter-terrorism financing processes.Terrorism · NigeriaSee the Story

Government Approves 187 Startups For Income Tax Exemption Benefits

The government on Thursday said it has approved as many as 187 startups for income tax exemption. The tax benefit allows eligible startups a 100% income tax deduction on profits for any three consecutive years within a ten-year window from the date of incorporation.The income tax benefit scheme is designed to support emerging businesses in their formative years, encouraging innovation, job creation, and wealth generation."The Department for Prom…Startups · IndiaSee the Story

Nigerian Immigration Update: Major Reforms in Expatriate Administration and Visa Regime – Pavestones Legal

SEUN TIMI-KOLEOLU AND PROMISE ITAH INTRODUCTION On 1st May 2025, the Federal Government of Nigeria, through the Ministry of Interior and the Nigeria Immigration Service (NIS), launched sweeping reforms to the country’s expatriate administration and visa regime. These measures aim to curb abuse of expatriate quotas (EQ), enforce meaningful knowledge transfer, and streamline immigration processes through digitalization. In this newsletter, we high…Abuja · AbujaRead Article

WHAT IS NEW IN NIGERIA’S MERGERS AND ACQUISITION LANDSCAPE? A REVIEW OF REGULATORY SHIFTS. – Pavestones Legal

BY ADERONKE ALEX-ADEDIPE AND HILLARY OKOROTIE The regulatory framework governing mergers and acquisitions in Nigeria has experienced a notable shift with the enactment of the Investments and Securities Act 2025 (the “Act”). While the Federal Competition and Consumer Protection Commission (FCCPC) continues to be the primary regulator overseeing all mergers and acquisitions in Nigeria, the Act was recently amended to streamline the role of the Sec…Nigeria · NigeriaRead Article

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