LOCAL CONTENT IN THE NIGERIAN OIL AND GAS INDUSTRY: IMPACTS, CHALLENGES AND PROJECTIONS

On the 22nd of April 2010, the Federal Government of Nigeria enacted the Nigerian Oil and Gas Industry Content Development 2010 Act (NOGICD) to promote indigenous participation and develop local oil and gas industry capacity. The Act provides for Nigerian content development in the Nigerian oil and gas industry; the Nigerian content plan, supervision, coordination, monitoring and implementation of Nigerian content; and related matters. This study looks at the NOGICD Act, its impacts, challenges and projections.

IS THE UNTAXED INFORMAL SECTOR NIGERIA’S UNEXPLORED ELDORADO?

The informal sector in any nation refers to the group of unstructured businesses that generally provide casual employment and income. According to industry reports, this sector of the economy remains largely untaxed. Learned silk, Oyetola Atoyebi, SAN discusses how the country can tap into the untold treasures existing if she taxes her informal sector.

ACCEDING TO INTERNATIONAL CYBERSECURITY CONVENTIONS

In today’s world, both states and non-state actors have become increasingly dependent on computers and the networks that connect them to perform many of their functions. As the reliance on digital technology grows, the impact of failure in networks and information systems and the opportunities for those who seek to compromise those systems increase. This article examines the legal frameworks existing nationally and internationally to combat cybercrime.

COPYRIGHT INFRINGEMENT: AN OVERVIEW OF MUSIC PLAGIARISM IN NIGERIA

As humans, we are bestowed with an inherent ability to think, create and modify ideas. These ideas could be expressed in artistic, literary, or musical works. However, there are instances wherein these works/ideas are plagiarised. This work analyzes the meaning of plagiarism, the laws regulating music plagiarism in Nigeria,  the various forms of music plagiarism, and thus, proffer solutions.

CENTRAL BANK DIGITAL CURRENCY: GROWTH AND RELEVANCE

Given some of the inherent issues and challenges that cryptocurrencies pose for investor and consumer protection and the aiding of money laundering, among other concerns, many have advocated that central banks create their digital forms of currency as stable and reliable alternatives to cryptocurrencies. This article explores the position of Nigeria’s SEC and the CBN on digital currencies.

CAREER PROSPECTS IN MEDIA LAW IN NIGERIA

Finding an easy headway in careers may prove difficult and taxing. This might be a result of adaptation to workspaces and pressures attributed thereto, which might prove to be uneasy and tedious. It is okay to feel overwhelmed by the uncertainty the future holds, especially as it regards career paths, and this is why it […]

EXPLORING THE BLOCKCHAIN POTENTIAL FOR THE TAX ECONOMY

Although blockchain is predominantly utilised in the financial sector today, its value is noticeably more, being that it is widely associated with cryptocurrencies. Similarly, as an integral part of the effective functioning of the state, the quest for bettering and improving taxation is infinite. This paper sets out to examine blockchain and its design while exploring its potential for the tax economy.

LIMITATIONS TO THE APPLICATION OF FOREIGN JUDGEMENTS IN NIGERIA

It is the generally accepted view that the powers of various courts are limited by their territorial jurisdiction. The Judgment given in a particular jurisdiction may have no force or power beyond the jurisdiction in which the Judgment was given save where other jurisdictions have agreed to such judgments to be enforceable in their territories. In light of the above, this article explains the limitation to the application of foreign judgements in Nigeria.

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HOW REGTECH IS ENHANCING THE SAFETY OF MODERN BANKING OPERATIONS

“Eneke the bird says that since men have learned to shoot without missing, he has learned to fly without perching”. Chinua Achebe, Things Fall Apart. Nigeria’s fledgling fintech industry has recorded a number of successes in recent years. In 2019, foreign direct investments in Nigeria’s fintech space grew to $460,000,000 (Four Hundred And Sixty Million […]

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Escrow Agreements in Software Technology Licensing Arrangements.

BY IBRAHIM USMAN WALI Many global corporate arrangements and rearrangements today are technologically concentrated. Start-ups and corporates alike are being purchased and sold solely for their tech substance. In the tech sector, particularly software, the bulk of proprietary rights are intangible, thereby making them Intellectual Property assets. Just like tangibles, Intellectual Property rights in software […]