On December 13, 2023, the Securities and Exchange Commission (the "SEC" or "Commission") adopted rule amendments (the "Amendments") under the Securities Exchange Act of 1934 that will.
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Nigeria is facing enormous economic challenges and needs massive revenue to meet existing obligations. The population is outgrowing the economy and critical steps are necessary to deal with revenue failure.
In the Oil and Gas industry, for example, all the major legal work (which is well beyond $1 billion in value) by the major IOCs are carried out by foreign retained law firms