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  • Article

    Two Years After The Meter Asset Provider Regulation (2018): Taking Stock

    The regulatory framework on Meter Asset Provider (Regulation) issued by the Nigerian Electricity Commission (NERC) came into effect on 8 March 2018 and became enforceable on 3 April 2018.
    NigeriaCoronavirus (COVID-19)
    Sefton Fross
    Sefton Fross
  • Article

    Developing A Liquidity Solution For The Nigerian Power Sector (Part 1)

    The diagram below depicts the gas-to-power value chain and the various market participants.
    NigeriaEnergy and Natural Resources
    Sefton Fross
    Sefton Fross
  • Article

    Covid-19 Pandemic – Impact On Performance Of Contracts

    COVID-19 was declared a global pandemic on 11 March 2020.
    NigeriaCoronavirus (COVID-19)
    Sefton Fross
    Sefton Fross
  • Article

    Election Of Foreign Arbitration Rules In Agreements Governed By Nigerian Law; Implications On The Jurisdiction Of Nigerian Courts

    In contracts between Nigerian counterparties, the transaction will more often than not be governed by Nigerian laws.
    NigeriaLitigation, Mediation & Arbitration
    Sefton Fross
    Sefton Fross
  • Article

    Derivatives As A Risk Management Tool In Nigeria

    Risk management is one of the most fundamental aspects of business growth. The use of derivatives in corporate risk management has grown exponentially in the last decade and has transformed global financial markets.
    NigeriaFinance and Banking
    Sefton Fross
    Sefton Fross
  • Article

    An Introduction To Derivatives In Nigeria – Dolapo Bolu And Oluwasolape Owoyemi

    The Nigerian market has witnessed a recent rise in the use of derivatives especially in transactions involving foreign counterparties.
    NigeriaFinance and Banking
    SPA Ajibade & Co
    SPA Ajibade & Co
  • Article

    Litigating The Margins; A Campaign For Its Final Burial

    One noticeable feature that permeates through Nigerian advocacy system is the practice of rigid adherence to procedural technicalities and emphasis on forms, otherwise known as ‘litigating the margins'.
    NigeriaGovernment, Public Sector
    Sefton Fross
    Sefton Fross
  • Article

    The Impact Of The Covid-19 Pandemic On Employment Contracts

    As the COVID-19 pandemic continues to devastate the global economy, employers in large and small businesses are faced with a dreadful conundrum on whether to let their staff go, cut their hours, or declare them redundant.
    NigeriaCoronavirus (COVID-19)
    Sefton Fross
    Sefton Fross
  • Article

    Understanding Garnishee Proceedings In Nigeria

    Generally, Garnishee proceedings is done in two different stages. The first stage is for the garnishee order nisi, while the second stage is for the garnishee order absolute.
    NigeriaLitigation, Mediation & Arbitration
    Sefton Fross
    Sefton Fross
  • Article

    Manufacture, Sale, And Importation Of Regulated Products In Nigeria: What You Need To Know

    The world in currently experiencing the scourge of the Covid-19 pandemic which so far can only be kept at bay by the imposition of social distancing rules.
    NigeriaFood, Drugs, Healthcare, Life Sciences
    Sefton Fross
    Sefton Fross
  • Article

    Understanding The Uniform Demand Guarantee Rules No. 758

    An example of such intervention mechanism is the creation of a priority list for accessing the available FX, including to the manufacturing and oil and gas sector.
    NigeriaEnergy and Natural Resources
    Sefton Fross
    Sefton Fross
  • Article

    Taking Security: A Review Of Mortgage Creation Under Nigerian Law

    According to Roy Goode, a financier taking security for an advance is concerned to see that if the debtor's assets are insufficient to meet the claims of all his creditors, the financier will at least be...
    NigeriaFinance and Banking
    Sefton Fross
    Sefton Fross
  • Article

    Overview Of SEC Proposed Rules On Crowdfunding

    On 28 March 2020, the Securities and Exchange Commission (SEC) exposed its draft Rules on Crowdfunding (Rules).
    NigeriaCorporate/Commercial Law
    Sefton Fross
    Sefton Fross
  • Article

    Legal Framework For The Operation Of Marginal Fields In Nigeria

    The oil and gas sector remains the mainstay of Nigeria's economy, accounting for 75% of the country's revenue and 90% of its total export earnings.
    NigeriaEnergy and Natural Resources
    Sefton Fross
    Sefton Fross

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