ArticleIntellectual Property - Protecting & Promoting Creativity And Innovation For A Viable FutureSince the beginning of time, art and design have been used by cultures worldwide to document histories, practices, and innovations. NigeriaIntellectual PropertyAELEX
ArticleA Review Of The Federal High Court's Decision On The Issue Of Single Shareholding Based On The Interpretation And Applicability Of Section 18(2) Of CAMA 2020While it is uncertain whether the CAC will appeal this decision, it remains the authoritative interpretation of CAMA 2020 regarding sole shareholding for private companies...NigeriaCorporate/Commercial LawAELEX
ArticleCAMA 2020 - Drawing The Curtains On Unissued Shares Of A CompanyThe share capital of a company plays a vital role in the capital structure of the company and is a key element of companies' equity investment which determines ownership and control. NigeriaCorporate/Commercial LawAELEX
ArticleCentral Bank Of Nigeria Issues New Framework For Payment System ProvidersOn 9th December 2020, the Central Bank of Nigeria (CBN) the Central Bank of Nigeria (CBN) issued a circular on "New License Categorisations for the Nigerian Payments System" (NPS Circular). NigeriaFinance and BankingAELEX
ArticleExamining NAICOM's Circular On Tenure Limit For Executive Directors And Its Implications For The Insurance IndustryPursuant to the powers conferred on the National Insurance Commission by the National Insurance Commission Act 1997 ..NigeriaInsuranceAELEX
ArticleUnderstanding The New Framework For Insurance Web AggregatorsIn pursuance of the powers conferred on the National Insurance Commission by the National Insurance Commission Act 1997, the Commission recently issued the Insurance Web Aggregators Operational Guidelines.NigeriaInsuranceAELEX
ArticleA Law Firm Signing A Court Process Is A Mere Procedural Irregularity: The Supreme Court Decision In Heritage Bank V. Bentworth FinanceIn a landmark decision delivered on 23 February 2018 in the case of Heritage Bank Ltd v. Bentworth Finance (Nig) Ltd, the Supreme Court of Nigeria appeared to abandon in part ...NigeriaLitigation, Mediation & ArbitrationAELEX
ArticleRegulation Of Lotteries In Nigeria: Review Of The Supreme Court's Decision And Its ImplicationsIn a landmark decision delivered on 22 November 2024, the Supreme Court nullified the National Lottery Act 2005 (‘NLA'), which established the National Lottery Regulatory Commission...NigeriaMedia, Telecoms, IT, EntertainmentAELEX
ArticleThe Review Of The Framework And Guidelines For The Use Of Social Media Platforms By Public InstitutionsSocial media has come to be recognised as a very important tool for the circulation of information due to its global reach. NigeriaMedia, Telecoms, IT, EntertainmentAELEX
ArticlePotential Value-Added Tax Liabilities For Foreign Private Equity Firms: The Fallout From Allan Gray v. FIRSIn its decision in an appeal filed by AGIMNL against the FIRS' assessments of VAT liability, the TAT held that AGIMNL was liable to pay the assessed VAT liability. NigeriaTaxAELEX
ArticleIn The Face Of Expulsion From The Egmont GroupNigeria, through the Nigerian Financial Intelligence Unit ("NFIU"), is a member of the Egmont Group of Financial Intelligence Units ("the Egmont Group"). NigeriaCriminal LawAELEX
ArticlePowers Of The Central Bank Of Nigeria Vis-À-Vis Payment Of Dividends To Bank ShareholdersThe CBN recently issued a directive, dated 31st January 2018, barring Deposit Money Banks and Discount Houses that do not meet the minimum Capital Adequacy Ratio set by the CBN...NigeriaFinance and BankingAELEX
ArticleSuper-Agent Licences And The Implications For The Telecommunications ("Telcos") And Banking Institutions ("BI") In NigeriaOn the 29th of July 2019, MTN's subsidiary; Yello Digital Financial Services Limited was issued a licence to operate as a Super-Agent by the Central Bank of Nigeria, making MTN the first Telco in Nigeria to delve into financial services.NigeriaFinance and BankingAELEX
ArticleThe Changing Face Of Finance In Nigeria – CrowdfundingThe ways in which an average Nigerian approaches financing has changed drastically within the past decade and the current financial services market is a reflection of this. NigeriaFinance and BankingAELEX
ArticleCase Review: Are Winding Up Petitions Subject To Foreign Jurisdiction Clauses? - RRSAT v. Daar Communications PlcThe Federal High Court Lagos, delivered a ruling in Suit No.: FHC/L/CP/540/2012 RRSAT Global Communications Networks Limited v Daar Communications Plc, affirming its jurisdiction to hear a petition for the winding up ...NigeriaInsolvency/Bankruptcy/Re-StructuringAELEX
ArticleProtecting Your Brand: Understanding Trademark Dilution And Effective Prevention Strategies.In the highly competitive world of business and marketing, establishing a strong and distinctive brand identity is crucial. A brand's reputation and recognition can be built over years...NigeriaIntellectual PropertyAELEX
ArticleReview Of Multichoice Nigeria Limited V Musical Copyright Society Nigeria Ltd/ GteMultichoice Nigeria Limited ("Multichoice/the Appellant), which is a subscription management company, grants its service subscribers access to programming and content on Digital Satellite Television NigeriaIntellectual PropertyAELEX
ArticleUnderstanding Trademarks And How It Differs From Trade Secrets And Patents In NigeriaTrademarks, trade secrets and patents are different forms of intellectual property that are capable of being protected in Nigeria. However, non-professionals tend to find a few of these terms a bit confusing. NigeriaIntellectual PropertyAELEX
ArticleGhana's Cocoa Trade: Navigating Regulations For Local And International ParticipationGhana ranks as the second-largest producer of cocoa globally, with its beans highly valued for their reliable quality and rich taste.NigeriaInternational LawAELEX
ArticleTime Freezes For Purposes Of The Statute Of Limitation When An Action Is Instituted: The Supreme Court's Decision In Sifax V MigfoOn 16 February 2018, the Supreme Court of Nigeria unanimously decided in the case of Sifax Nigeria Ltd v Migfo Nigeria Ltd that where a statute of limitation prescribes a time frame ...NigeriaLitigation, Mediation & ArbitrationAELEX