ǼLEX is delighted to announce that it has been shortlisted for the Technology, Media & Telecommunications Team of the year for the 2021 edition of the African Legal Awards. The African Legal Awards recognises exceptional achievement [...]
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 [...]
Following recent currency fluctuations experienced in many countries, parties to contracts are examining the force majeure provisions of their existing contracts to determine if currency devaluation may trigger their force majeure clauses. In this article, [...]
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The Nigerian Securities and Exchange Commission (“SEC”) released its Rules on Crowdfunding (“the Rules”) to regulate investment-based crowdfunding in Nigeria. The effective date of the rules is set at 21 January 2021 and entities who [...]
Congratulations! ǼLEX is delighted to announce the promotion of 3 exceptional individuals who are now senior associates in the firm. Their specialisations cut across different practice groups within the firm as Frances Obiago [...]
The Securities and Exchange Commission(“SEC”) on 16 June 2021 announced its Regulatory Incubation Program (the “RI Program”) for financial technology companies (“FinTechs”) offering services and products in the Nigerian Capital Markets space who are uncertain [...]
It is no longer news that the winners of the ‘2021 Marginal Field’ bid round (hereinafter referred to as grantee(s)) have emerged. As grantees and potential financiers contemplate how to raise capital and the means [...]
Given the new trends and styles that emanate regularly from its players, the fashion industry is one that is constantly evolving. This industry, which is largely characterised by the production, display and sale of clothing, [...]
Directors have a fiduciary duty to their companies as they hold positions of trust and confidence and as a result, have an obligation to act in good faith and in the company’s best interests. Ghana's [...]
Our Sina Sipasi (Partner) and Crystal Okwurionu (Associate) will be speaking along with other panellist at a training session hosted by the Cyrus R. Vance Center for International Justice. Speakers at the event will discuss the process of structuring renewable [...]
Interested in protecting your intellectual property in NIgeria? Read more in our Guidebook on Intellectual Property in Nigeria.
The AELEX Technology, Media and Telecommunications practice group presents its 2021 Webinar themed-”"THE FUTURE OF TECHNOLOGY AND INNOVATION IN NIGERIA”. The webinar promises a line-up of seasoned experts (speakers) in technology and related fields, within and beyond [...]
The National Information Technology Development Agency (NITDA) had set a revised deadline (June 30 2021) for filing of data protection audit by data controllers. With the deadline fast approaching, we share some frequently asked questions (FAQ) [...]
On 25 May 2021, the Central Bank of Nigeria (“CBN”) issued a circular to deposit money banks, payment service providers and other financial institutions notifying them of the release of the Regulatory Framework for Non-Bank [...]
History has it that crowdfunding has been in place since the Statue of Liberty. In order to complete the pedestal of the great piece of art, the American Committee of the Statue of Liberty was [...]
On 9th December 2020, the Central Bank of Nigeria (CBN) the Central Bank of Nigeria (CBN) issued a circular on “New License Categorisations for the Nigerian Payments System” (NPS Circular). The NPS Circular set out [...]
Robo-Advisors (sometimes spelt as Robo-Advisers) are digital investment advisory platforms that provide automated, algorithm-driven financial planning services with little to no human supervision. In this article our Oluwapelumi Omoniyi takes a cursory look at the [...]
Following the global trends and recent governmental policies on digital assets, the ǼLEX Fintech Centre (“the Centre”) in its latest podcast hosted Ms. Loretta Joseph, Senior Consultant (Digital Assets) at the Financial Intelligence Unit, Nigeria. [...]
Recently, several African startups have been making positive impact in their communities leading to a number of countries enacting or planning to establish a Startup Act. In this article, our Oluwapelumi Omoniyi examines the benefits of a Startup [...]
