The ǼLEX Fintech Centre (“the Centre”) in its latest podcast hosts Adaeze Sokan, the Country Director at UK NG Tech Hub. In this podcast episode, she discusses the gradual integration of socio-technical systems, as well as other insights [...]
With a low percentage of Nigeria's population investing in the stock market and fewer Nigerians interested in investment opportunities, the rise of Robo Advisors is a welcome alternative in the financial advisory market ("the Market") in Nigeria. [...]
When contractors are engaged in construction projects, the employer/client undertakes to make payments to the contractor in instalments and through the mechanisms provided under their contract. One important mechanism for payment in a construction contract is [...]
The recently signed Finance Act, 2021 (“Act”), which took effect on 1 January 2022, contains provisions that potentially increase the cost of a merger/acquisition transaction. Before the Act, Capital Gains Tax (“CGT”) was not payable [...]
The advent of streaming video on demand platforms (SVOD) has made access to virtual content relatively easy. As a matter of fact, it is one of the many benefits that comes with the internet and [...]
a new dawn for cross border financial transactions in Africa On 13th January 2022, the Pan African Payment and Settlement System (PAPSS) platform was launched by the Africa Export-Import Bank (Afreximbank), [...]
Healthcare technology, commonly referred to as “healthtech,” refers to startups that use technologies developed for the purpose of improving different aspects of the healthcare system. In Nigeria, healthtech has been on the rise with a [...]
Regarded as the “Next Big thing” in the tech space, Non-Fungible Tokens (NFTs) have been the breakout digital assets, thanks to their profitability. Millions of dollars are being generated from the minting and sale of [...]
We are pleased to note that our Davidson Oturu has been ranked as a leading lawyer by Chambers and Partners in its 2022 Fintech Guide. This is in recognition of his thought leadership and continuous contributions to the fintech [...]
AELEX is pleased to have advised ShapShap Logistics as it secures significant funding from GreenTec Capital Partners to accelerate its scaling process. ShapShap Logistics , a #logitech startup led by Khalil Halilu, is an on-demand delivery service that provides an all-in-one platform designed to ease [...]
We are pleased to announce that AELEX has been ranked by Chambers and Partners as a leading law firm in its 2022 Global Fintech Guide. In describing the practice, sources are quoted as saying: “They are excellent. They have [...]
We wish you a Merry Christmas and an amazing year ahead!
Our Adedapo Tunde-Olowu, SAN, FCIArb, FCTI, Ugonna Ogbuagu and Grace Ezinne Nwaigwe recently contributed to the Nigeria Edition of the Chambers and Partners Global Practice Guide: Litigation 2022. The Litigation 2022 Guide provides the latest legal information on litigation funding, initiating a lawsuit, [...]
The ǼLEX Fintech Centre (“the Centre”) in its latest podcast hosts the phenomenal Titi Akinsanmi, Global Policy Lead, Google Assistant & Hardware. In this podcast, Titi shares her transition journey into the world of technology and [...]
Our Osinachi Nwandem and Oluwaseun Philip-Idiok recently contributed to the special Africa-focused edition of the International Bar Association Arbitration Committee’s newsletter. In the article, they reviewed the indirect reforms and regulation of third-party funding in African [...]
The rise in the number of internet users in the last two decades has witnessed an increase in intellectual property infringement and theft. Presently, there exists in massive numbers, bad actors who leverage on the [...]
The National Pension Commission (PENCOM) recently introduced a new category of fund which complies with sharia principles of investment. The Non-Interest Fund (Fund VI) permits pension contributors and retirees to choose the preferred investment portfolio [...]
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In what was the 2nd Marginal Field Bid Round (Bid Round) since 2002/2003, the 2021 Bid Rounds concluded earlier this year with 57 marginal field assets awarded to 161 companies by the Department of Petroleum [...]
The value-added services (VAS) subsector in Nigeria is projected to generate USD500 million by the end of 2021. The subsector, which is regulated by the Nigerian Communications Commission, requires licences and approval before any intending player [...]
