The passage of the Federal Competition and Consumer Protection Act 2018 resulted in the introduction of a new regulatory framework for mergers & acquisitions in Nigeria. With the establishment of the Federal Competition and Consumer [...]
The Nigerian Stock Exchange (the “NSE”) recently amended its rules on online trading through a press release. The objective of the amendment, according to the NSE, is to assist with the regulation of online trading in [...]
The Central Bank of Nigeria (the “CBN”), recently issued a new set of guidelines on Disclosure and Transparency (“the Guidelines”) for institutions under its regulation. The objective of the Guidelines is to provide minimum disclosure [...]
The Central Bank of Nigeria (CBN) recently released a circular titled, “Guidelines on Accessing the CBN Standing Deposit Facility.” The Circular limits the interest-bearing amount of banks’ and discount houses’ liquid assets with the CBN [...]
Facebook launched its cryptocurrency called Libra on 18th June 2019. Libra is an evolution of the current cryptocurrencies and it is expected to change the narrative in financial transactions. With Libra, financial transactions will be [...]
Florence Bola-Balogun Nigeria 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. The [...]
Recently, the Central Bank of Nigeria issued the Regulations on End-to-End Electronic Payment of Salaries, Pensions and Other Remittances, Suppliers and revenue collections in Nigeria (the Regulation). The Regulation seeks to promote safe and effective [...]
The perception about African economies appears to be changing as investors are increasingly taking an interest in participating in Africa's capital markets through the use of Depositary Receipts (DRs). An analysis of a series of surveys [...]
Representations, covenants and events of defaults (the “Core Clauses”) are the foundations of loan agreements, and a number of these clauses are often found in a loan agreement. Unfortunately, their importance could be easily overlooked when [...]
Islamic financing has gained ground in Nigeria in recent times. Further to this, Islamic finance institutions are being set up and the government at both state and federal levels have issued sukuk bonds. Indeed, the Nigerian [...]
ǼLEX is proud to be one of the sponsors of the 12th Annual Business Law Conference of the Nigerian Bar Association Section on Business Law (NBA SBL) scheduled to hold at the Transcorp Hilton Hotel, Abuja from [...]
Private placement refers to the issuing of securities by a company to a small number of select persons. In Nigeria, where the company issuing the securities (the "issuing company") is a public company, the Securities and [...]
ENABLING ACCESS TO CREDIT IN NIGERIA The secured transactions in movable asserts ACT 2017 Read More
AUDIT FAILURE IN THE AILING BANKS: The ‘Sins’ of the Auditors may not be used in evidence against them: This article appeared in the October, 2009 Business Day Newspaper Read More
IFRS, disclosure and foreign direct investment: This article appeared in the August, 2009 Business Day Newspaper Read More
Reproduced with permission from Law Business Research. These article(s) were first published in Getting the Deal Through: Project Finance Read More For further information please visit www.GettingTheDealThrough.com
