Nigeria: Compliance

Nigeria's July 2026 regulatory landscape witnessed sweeping reforms across insurance recapitalisation, digital sovereignty requirements, VAT framework revisions, and virtual assets coordination. How are these interconnected policy shifts reshaping compliance obligations for businesses operating in Africa's largest economy, and what strategic adjustments must organisations make to navigate this evolving regulatory environment?

Nigeria's Supreme Court has introduced mandatory electronic filing requirements through new Practice Directions that fundamentally transform appellate procedure. The reforms mandate OCR-enabled document uploads, impose strict timelines with financial penalties for non-compliance, and introduce substantial transmission fees that raise questions about access to justice.

A Federal High Court judgment has nullified the Corporate Affairs Commission's deregistration of the National Youth Council of Nigeria, raising critical questions about the constitutional limits of administrative power under CAMA 2020. The decision exposes fundamental structural weaknesses in Sections 839 and 851, which grant the CAC sweeping powers to suspend trustees and adjudicate disputes through an internal committee. This analysis examines whether these provisions, as currently drafted, strike an appr