CRYPTOCURRENCY TRADING IS NOT ILLEGAL IN NIGERIA – COURT RULED

A Federal High Court sitting in Abuja, in a Ruling delivered by Justice Taiwo O. Taiwo on 18th October 2021, has held that the Central Bank of Nigeria circular, referenced as BSD/DIR/PUB/LAB/014/001 of February 5, 2021, is not a law and the CBN lacks the requisite authority to declare the trading of Cryptocurrency illegal by [...]

By |November 3rd, 2021|Business Operation & Licenses|Comments Off on CRYPTOCURRENCY TRADING IS NOT ILLEGAL IN NIGERIA – COURT RULED

REQUIREMENTS FOR IMPORTATION OF ELECTRIC POWER GENERATOR IN NIGERIA

Generator importation requires an import permit from the Nigeria Electricity Regulatory Commission (NERC). The Nigeria Electricity Regulatory Commission (NERC) is an independent regulatory body with the authority to supervise Nigeria's electricity industry The main purpose of establishing NERC is to supervise the electricity prices of government-owned or controlled power generation companies and any other power [...]

By |June 11th, 2021|Business Operation & Licenses|Comments Off on REQUIREMENTS FOR IMPORTATION OF ELECTRIC POWER GENERATOR IN NIGERIA