ArticleNigeria's BRICS Membership - ImplicationsRecently, we have seen a frenzy of conversations about BRICS, its expansion and what it means for new participating countries like Nigeria. NigeriaInternational LawAELEX
ArticleThe Nigerian Gas Flare Commercialization Programme: A Win-Win Situation?In a bid to drastically cut down gas flaring and convert flared gas to economic use, the Federal Government of Nigeria (FGN) has launched the Nigerian Gas Flare Commercialization Programme (NGFCP). NigeriaEnergy and Natural ResourcesAELEX
ArticleCase Review: NOSDRA v. ExxonMobil - Examining The Powers Of Regulatory Agencies To Impose PenaltiesIn March 2018, the Court of Appeal upheld the ruling of the Federal High Court (the trial Court) and decided that the National Oil Spill Detection and Response Agency acted beyond its statutory powers when it imposed ...NigeriaLitigation, Mediation & ArbitrationAELEX
ArticleCase Review: Tracer Limited v. SGS Kenya Limited And Olufunke AdekoyaThe High Court of Kenya lacks jurisdiction to hear an application seeking to set aside a foreign arbitral award where the agreed seat of arbitration is outside the jurisdiction of the High Court.NigeriaLitigation, Mediation & ArbitrationAELEX
ArticleStanbic IBTC Holding Plc v. Financial Reporting Council Of Nigeria & Anor – Analysis On The Status Of An Unregistered Technology Transfer AgreementStanbic Ibtc Holding Plc had purchased a banking software, which it customised and sold to its South African parent company. The Software was subsequently licensed to the bank for an annual licence fee.NigeriaLitigation, Mediation & ArbitrationAELEX
ArticleCentral Bank Of Nigeria's Regulatory Measures To Improve Lending To The Real Sector: Impact And ChallengesNigerian banks have become increasingly reluctant to lend to businesses that operate in the real sector thereby affecting the ability of these businesses to grow. In response, the Central Bank of Nigeria NigeriaFinance and BankingAELEX
ArticleThe Evolution Of Cyber Security In The Nigerian Banking SectorNigeria moved from a country with zero legislation on cyber security to a country with an extensive law with the enactment of the Cybercrime (Prohibition, Prevention, Etc.) Act ("the Act") in 2015. NigeriaTechnologyAELEX
ArticleRedundancy Procedure Under Nigerian Labour LawThere appears to be a recent wave of retrenchment in the global employment market (especially for technology companies like Google, Meta and Microsoft). NigeriaEmployment and HRAELEX
ArticleThe 2018 Meter Asset Provider Regulation – Problems And ProspectsWith the enactment of the Electric Power Sector Reform Act in 2005 and the subsequent privatisation of Nigeria's electricity sector in 2013, the provision of meters to electricity customers...NigeriaEnergy and Natural ResourcesAELEX
ArticleStrong Men vs Strong Institutions: Strengthening Democracy In AfricaThe former President of the United States of America, Barack Obama, while addressing the Ghanaian Parliament during a courtesy visit to Ghana in 2009, remarked as follows: NigeriaGovernment, Public SectorAELEX
ArticleAn Overview Of The Road Infrastructure And Refurbishment Investment Tax Credit SchemeThe President of the Federal Republic of Nigeria, Muhammadu Buhari, recently signed an executive order titled: "Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme Order 2019 No.: 007 of 2019".NigeriaTaxAELEX
ArticleFinancial Technology And Artificial Intelligence: A Disruptive Union (2)Artificial intelligence (AI) technology continues to disrupt every aspect of our lives. NigeriaTechnologyAELEX
ArticleCase Review: Esso Petroleum And Production Nigeria Limited & SNEPCO v. FIRS & NNPCThe Nigerian Court of Appeal in Esso Petroleum and Production Nigeria Limited & Shell Nigeria Exploration and Production Company Limited v. Federal Inland Revenue Service & Nigerian National Petroleum Corporation ...NigeriaEnergy and Natural ResourcesAELEX
ArticleInternational Day Of Banks: Challenges Faced By The Banking Sector In Nigeria And The Way Forward.On 19 December 2019, the United Nations designated December 4 as the International Day of Banks. NigeriaFinance and BankingAELEX
ArticleThe Right Of Creditors To Attach A Joint Account Where Only One Party Is IndebtedDr Martin Tallhause looked out of his 15th-floor office window at the busy façade of the hustle and bustle of Ikoyi. He looked like he had just seen a ghost...NigeriaFinance and BankingAELEX
ArticleAn Examination Of The Copyright And Licencing Regime For Streaming Video-On-Demand Platforms.Over the last two decades, we have witnessed the increasing utilisation of the internet to transmit cinematograph/virtual content ("content") to consumers and viewers as against the use of cable, satellite television or a broadcast platform. NigeriaIntellectual PropertyAELEX
ArticleExamining NERC's Order On The Establishment Of The Independent System Operator (ISO) And Its Implications For The Nigerian Electricity Supply Industry (NESI)Pursuant to the Electricity Act, 2023 (the "EA") , the National Electricity Regulatory Commission (the "NERC" or "Commission") issued an order dated 30 April 2024 titled – Order on the Establishment...NigeriaEnergy and Natural ResourcesAELEX
ArticleDelay Analysis In Construction Disputes: 3 Points Every Arbitral Tribunal Considers Before Endorsing An Expert's MethodThe aim is to convince the tribunal that the contractor is entitled to an extension of time and possibly additional payment.NigeriaReal Estate and ConstructionAELEX
ArticleNon-Fungible Tokens - Regulatory Concerns In NigeriaThe last decade has witnessed a massive rave in the use and acceptance of digital currencies and assets all around the world. Amongst these digital assets, Nonfungible Tokens ("NFTs")...NigeriaTechnologyAELEX
ArticleLaunch Of The Pan African Payment And Settlement System – A New Dawn For Cross Border Financial Transactions In AfricaOn 1 January 2021, a new era began in Africa with the commencement of trade under the African Continental Free Trade Area ("AfCFTA") regime. WorldwideInternational LawAELEX