AELEX is excited to be advising Glovo as it launches its operations In Nigeria. Glovo, a Spanish Unicorn, is a multi-category on-demand delivery app, and its launch in Nigeria is part of its continued market [...]
SEC Introduces New Custody Rules for Collective Investment Schemes and Mutual Funds
After two decades of unsuccessful attempts and several iterations, the Petroleum Industry Bill was recently passed into law following the assent of the President of Nigeria, Muhammadu Buhari. The Petroleum Industry Act (PIA) provides a [...]
As a general principle, limitation laws apply to all civil actions. Consequently, once an action is caught by a limitation law, it cannot be sustained, and a court is divested of the jurisdiction to entertain [...]
During the 306th Banker’s Committee Meeting in July 2021, the Governor of the Central Bank of Nigeria (CBN) announced that CBN will start working on a digital currency, the eNaira, which will support and complement [...]
AELEX represented the Shell Petroleum Development Company (SPDC) in a landmark decision involving the renewal of the Oil Mining Licence 11 (OML 11). At the Federal High Court, SPDC was successful as the Court entered judgment [...]
We are delighted to announce our Tiwalola Osazuwa, Chioma Olibie and Olubusola Oyeyosola were recognized within the Rising Star category of the newly released 31st Edition of the IFLR1000 , the international guide to the world’s leading financial and corporate law firms [...]
We are delighted to announce that IFLR1000 , the international guide to the world’s leading financial and corporate law firms and lawyers, has highlighted our firm and lawyers in its newly released list of 2021 rankings. Six of [...]
There has been a lot of interest in the activities of investment technology companies (investment tech) as some of them have been utilising platforms offering securities of foreign companies to investors in Nigeria. However, these [...]
Are you a start-up or are you contemplating starting that business as you do not have a clue on how to proceed, do not fret as this start-up tool kit[1] will guide you through on [...]
AELEX is the exclusive contributor on the Nigerian Chapter of the Legal 500: Litigation Country Comparative Guide. The country specific guide provides an overview of commercial litigation laws and regulations applicable in Nigeria and was authored by members of [...]
ǼLEX has been recognised by Global Arbitration Review’s GAR 100 as having one of the leading arbitration practices. This is the 14th edition of Global Arbitration Review's GAR 100, a guide to the top 100 law firms with international [...]
Funke Adekoya SAN (Partner) and Oluwaseun Philip-Idiok (Senior Associate) recently contributed to the 2021 edition of the Global Arbitration Review’s Commercial Know-how - Commercial Arbitration 2021 – Nigeria The publication is available here. Download pdf [...]
We are pleased to announce that we have been shortlisted for the IFLR Africa Awards 2021. The categories include: Law Firm of the Year: Nigeria (Capital Markets) Law Firm of the Year: Nigeria (M&A) Law [...]
There are currently over 4000 (four thousand) cryptocurrencies in circulation and about 51,200,000 (fifty-one million, two hundred thousand) active traders of cryptocurrency around the world. With the proliferation of cryptocurrency and the associated technology that [...]
In line with the Central Bank of Nigeria’s commitment to promote an efficient and credible payments system, it issued the Guidelines for Licensing and Regulation of Payments Service Holding Companies in Nigeria which sets out [...]
Non-payment in construction projects could be extremely frustrating for the contractor. The contractor's frustration is further heightened where the contract prevents it from opting to suspend the performance of works because of the employer's non-payment. [...]
2021 has been an active year for the FinTech Industry as the Nigerian public appears to be embracing technology solutions following the Covid-19 lockdown. There have also been significant regulatory and legal developments in the [...]
ǼLEX is excited to have been engaged to draft a Startup Bill for Nigeria. The Bill is a joint initiative by Nigeria’s tech startup ecosystem and the Presidency to harness the potential of Nigeria's digital economy [...]
The Central Bank of Nigeria recently issued the Regulatory Framework for Mobile Money Services in Nigeria and the Guidelines for Mobile Money Services in Nigeria which sets out the modalities for providing mobile money services [...]
