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Legal Developments - Law Firm Thought Leadership by Adeola Oyinlade & Co

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The Step-By-Step Procedure of How to Apply for a Microfinance Bank License Online in Nigeria

Adeola Oyinlade & Co | July 9, 2024

The Central Bank of Nigeria (CBN) has launched a new online platform for submitting microfinance bank (MFB) license applications, known as the CBN Licensing, Approval, and Other Requests Portal.

Procedure and Requirements for Work Permit and Visas in Nigeria

Adeola Oyinlade & Co | July 9, 2024

Introduction Foreign nationals seeking to enter, work, or reside in Nigeria must meet the country’s Immigration Rules.

The Use of Drones for Commercial Purposes and Privacy Rights of Others

Adeola Oyinlade & Co | July 9, 2024

Introduction In the field of innovative technology, drones are used in different spheres of human activities.

How to Ensure the Smooth Recognition and Enforcement of Foreign Judgments in Nigeria

Adeola Oyinlade & Co | July 9, 2024

Introduction Recognition and enforcement of foreign judgments refer to the legal process of acknowledging and enforcing court decisions made in a different country.

Are Unwritten Employment Contracts Legally Valid and Enforceable In Nigeria?

Adeola Oyinlade & Co | July 9, 2024

Introduction A contract of employment can exist whether orally or in writing. It can arise out of any discussion, obligation or instruction to do an act as far as the elements of a contract are present.

Telecommunication Services in Nigeria: The Available Legal Rights and Remedies to Customers (Subscribers)

Adeola Oyinlade & Co | July 9, 2024

Introduction Telecommunications services are essential to modern society, which facilitates global communication, business, and connectivity.

Surrogacy In Nigeria: Can Surrogacy Contracts And Agreements Be Enforced?

Adeola Oyinlade & Co | July 9, 2024

Introduction Surrogacy is often discussed in the media from a scientific, social, legal, and policy perspective.

Overview of Business Taxes in Nigeria

Adeola Oyinlade & Co | July 9, 2024

Business taxes in Nigeria refer to the various taxes levied by the federal and state governments on businesses operating within the country.

Requirements and Procedure for Acquiring Aviation Licence under Nigerian Law by Foreign Airline Participation

Adeola Oyinlade & Co | July 9, 2024

Introduction In Nigeria, the procedures for obtaining an aviation license under Nigerian law include adherence to the Aviation Act, which provides a legal foundation for the aviation industry.

How to Establish a Microfinance Bank in Nigeria

Adeola Oyinlade & Co | July 9, 2024

What is a Microfinance Bank (MFB)? Microfinance Bank (MFB) is any company licensed by the Central Bank of Nigeria (CBN) to carry on the business of providing financial services such as savings and deposits, loans, domestic funds transfer and non-financial services to microfinance clients.

Developments

ELECTRONIC TOOLS IN THE REPUBLIC OF ARMENIA FOR PUBLIC-PRIVATE RELATIONS

ELL Partnership Law Firm

Electronic Tools for Public-Private Relations in Armenia The transformative impact of digital technologies on governance and public administration has fundamentally redefined the relationship between state institutions and private entities in the Republic of Armenia. This digital revolution represents a paradigm shift from traditional bureaucratic processes toward efficient, transparent, and accessible electronic governance systems that serve …

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Recognition Without Reciprocity – Why Indian Insolvency Law Must Catch Up

Maheshwari & Co. Advocates & Legal Consultants

Introduction Today, the world has become a global village, at least in the economic sense.  In this increasingly interconnected global economy, corporate distress rarely respects national borders. It is not unknown that every country has multinational enterprises that are operating across various jurisdictions, which inevitably requires that there should be an insolvency regime that cooperates …

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PURCHASE OF COMMERCIAL LAND IN LATVIA

VILGERTS

Can you imagine the situation where a carefully selected and purchased plot of land ends up causing more losses than expected gains? This article provides a practical overview of what to look out for so as to avoid ending up in such unfortunate situations.

CARTEL DAMAGES CLAIMS: JURISDICTION AND FORUM SHOPPING CLARITY

VILGERTS

Introduction Companies are occasionally left scratching their heads as to the far-reaching possibilities associated with a claimant’s ability to forum shop for damages claims in certain jurisdictions, as a result of an infringement carried out by a group company in which they had no knowledge or did not participate in.

THE RISK OF AN UNDEFINED SALARY FOR A BOARD MEMBER IN LATVIA

VILGERTS

Under the respective provision of the Commercial Law (Article 221) in Latvia, it is stated and confirmed by the Senate (see case No. C33594518, SKC-71/2022) that a board member has the right to remuneration corresponding to their duties and the financial condition of the company.

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