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LawGrit Associates Legal services and consultancy:
*Corporate Law
*Intellectual Property
*Dispute Resolution with a commitment to
exceptional client care.

15/10/2026

NCC Zero-Rated Educational Data: Expanding Access to Digital Learning

Access to quality education increasingly depends on access to affordable connectivity.

The Nigerian Communications Commission (NCC), in collaboration with licensed telecom operators, has commenced a Zero-Rated Data Access Initiative for approved educational platforms and content.

Under the pilot programme, eligible users may receive up to 100MB of free data daily to access approved educational resources.

For EdTech businesses, this development could have broader implications — from improving accessibility and learning engagement to expanding the potential reach of digital education platforms.

For businesses operating in the education technology space, understanding the eligibility requirements, approval process and regulatory framework will be important as the initiative develops.

Digital access is increasingly becoming part of the education equation.

13/10/2026

Your company can be fully registered with CAC and still be operating illegally.

The conviction of 21 companies for unlicensed investment operations is a timely reminder that incorporation is not the same as regulatory authorisation.

Each company was fined ₦30 million, with an additional ₦200,000 for every day the offence continued.

For fintechs, investment platforms, founders and businesses dealing with public funds, one question should come before launch:

“Do we have the regulatory approval to carry out this activity?"

CAC registration creates the company.
The appropriate sector licence authorises the regulated activity.

Regulatory compliance should be part of your business strategy—not an afterthought triggered by enforcement.

The best time to assess your regulatory perimeter is before you launch.⚖️

12/10/2026

New week. Same commitment.💯

Clarity. Strategy. Results.

That’s the Lawgrit standard⚖️

Wishing everyone a strong and purposeful start to the week.✨

10/10/2026

WORLD MENTAL HEALTH DAY | 10 OCTOBER

Mental health matters — in the courtroom, in the workplace, and beyond.

The pursuit of justice, professional excellence and everyday responsibilities can be demanding. Yet, behind every role, every deadline and every responsibility is a human being whose mental well-being matters.

On this World Mental Health Day, we are reminded that strength is not simply about enduring pressure. It is also about recognising our limits, seeking support when needed, and creating environments where people feel safe enough to speak about their mental health.

Mental well-being deserves the same seriousness, compassion and understanding we extend to other aspects of our lives.

At Lawgrit Associates, we recognise the importance of treating people with dignity, empathy and respect — because well-being matters and so do the people behind the work.

Let us challenge the stigma, encourage understanding and make mental health a priority.👌🏼

08/10/2026

DE MINIMIS⚖️

Something so minor or insignificant that the law does not concern itself with it.

In simple terms: the law does not bother with every tiny or trivial matter.

A practical example

Imagine someone accidentally causes a very tiny scratch to a surface, resulting in no meaningful loss or damage. Depending on the circumstances, the law may treat the matter as de minimis because the harm is too insignificant to warrant legal intervention.

The expression comes from the Latin maxim:

"De minimis non curat lex"

Meaning:

“The law does not concern itself with trifles.”





06/10/2026

On 23 September 2026, the Securities and Exchange Commission directed all public companies and Significant Public Interest Capital Market Operators to submit their IFRS S1 & S2 implementation plans by 15 October 2026.

Time is ticking. Don’t wait until the last minute.

👉 Read the full details and what this means for your organisation https://lawgrit.ng/legal-regulatory-intelligence-weekly-21-to-27-september-2026/

05/10/2026

The Federal Government announced the Nigeria Tax Administration (Interest on Late Payment of Tax) Order, 2026 during the week.

The Order was issued pursuant to section 65 of the Nigeria Tax Administration Act 2025 and took effect from 1 October 2026. It replaces the earlier interest regime applicable to unpaid taxes.

For tax liabilities payable in Naira, the applicable interest will be the CBN Monetary Policy Rate plus one percentage point, subject to a floor equivalent to the yield on 364 day Treasury Bills.

For foreign currency tax liabilities, the applicable rate is SOFR plus six percentage points.

The Nigeria Revenue Service is expected to publish the applicable rate by the third business day of each month. Interest will accrue daily on a simple interest basis.

The existing 10 per cent penalty for late payment remains separate from the interest charge.





01/10/2026

Happy Independence Day, Nigeria! 🇳🇬

Proud to stand for Nigeria. Today, we honour our nation and celebrate the unity, justice and progress that move us forward. Wishing every Nigerian peace, pride and progress. Together, we rise.💯

From all of us at Lawgrit Associates, happy October 1st.





30/09/2026

NERC SEPTEMBER 2026 MYTO: WHY BUSINESSES SHOULD PAY ATTENTION

Electricity tariffs are more than figures on an invoice—they can have a direct impact on the cost of doing business.

NERC’s September 2026 Multi Year Tariff Orders (MYTO) make tariff classification and applicable service levels important considerations for businesses, particularly high-consumption premises.

From operating expenditure and manufacturing costs to leases, service charges and financial projections, electricity costs can influence wider commercial decisions.

Businesses should therefore periodically verify the tariff and service band applicable to their premises and understand the regulatory framework behind their electricity charges.

Electricity regulation is a commercial issue. Treat it accordingly.

29/09/2026

Nigeria's new virtual asset tax framework has entered an important stakeholder engagement phase.

On 1 September, VASPA submitted a formal position paper to the Nigeria Revenue Service raising concerns around aspects of the Guidelines on the Taxation of Virtual Assets, including withholding tax, stamp duty, treatment of certain rewards and compliance penalties.

Importantly, the submission does not itself amend the NRS Guidelines.

VASPs, investors and businesses operating with virtual assets should therefore continue assessing compliance against the published framework while monitoring further regulatory engagement.

Understanding these guidelines is essential for anyone operating in the virtual asset space.

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