This article, split into two parts, by the Aelex International Trade Practice Group discusses the development of the African Continental Free Trade Area with the Regional Economic Communities as building blocks for the continental market. [...]
AELEX is the exclusive contributor to the Nigerian Chapter of The Legal 500 (Legalease): Franchise and Licensing Country Comparative Guides. The country specific Guide provides a pragmatic overview of how businesses can set up franchises [...]
A Post-No-Debit alert is a directive that restricts a bank customer from withdrawing funds from his bank account. In this article, our Abdulmajeed Abolaji (Associate) discusses the powers of regulatory agencies and financial institutions to [...]
AELEX is proud to be ranked as a Notable Firm in Nigeria by the IFLR 1000 Rankings, 30th Edition. Its rankings in Nigeria covered Project Development; Infrastructure, Oil and Gas, Banking; Project Finance; Power; [...]
ǼLEX is proud to be ranked as a Notable Firm in Ghana by the IFLR 1000 Rankings, 30th Edition. Its rankings in Ghana covered Banking; Project Finance; Power; Infrastructure; and Mergers & Acquisitions. Congratulations [...]
In a recent statement, the Nigerian Security and Exchange Commission (SEC) officially recognised, categorised and defined crypto assets within the Nigerian Jurisdiction. Key Players in the FinTech space believe this is a rare move by [...]
Our Sina Sipasi (Partner, Energy & Natural Resources Group) will be one of the speakers at the BusinessDay Future of Energy Series scheduled for 10am on September 29 and 30, 2020. The theme of the [...]
In this second part of the article, Oluwapelumi Omoniyi, (Associate) explores Initial Coin Offerings (ICOs), how it is used to raise funds, the Nigerian legal framework on ICOs, and the pros and cons of ICOs. [...]
The Lagos Judicial Division of the Federal High Court in its Judgment delivered on 3 December 2019 in Amanyi Mohammed v. Sproxil Nigeria Limited & 5 ors, decided inter alia that the mere issuance of an [...]
In line with the impact of technological advancements on the communications industry, the Nigerian Communications Commission (which is the governmental agency responsible for the regulation of Value Added Services (“VAS”) providers in Nigeria) has published [...]
The ǼLEX Technology, Media and Telecommunications Practice Group is pleased to be advising Hissbox as it launches its online streaming and content distribution platform. Hissbox is a streaming platform, film production and distribution company primarily focused on [...]
Determining the appropriate salary payable to a periodic employee terminated during the course of a month has been a knotty issue for employers. The National Industrial Court recently reached a decision, in the case [...]
The law may give discretionary powers to administrative bodies, but how free are they to exercise those powers? Here, we look at the Federal High Court’s examination of the CAC’s discretionary powers in Musical Copyright [...]
The adoption of e-payment channels as a preferred means for commercial transactions has also led to an increase in cases of e-payment frauds, particularly through obtaining the Automated Teller Machine ("ATM") card information of unsuspecting [...]
The Founder Institute, the world’s largest pre-seed startup accelerator, and ǼLEX, an innovative full-service law firm established to meet the dynamics of modern-day businesses and to deliver prompt, efficient and quality services, have agreed to [...]
With the passage of the new Companies and Allied Matters Act, there have been a lot of discussions around its impact on the Nigerian business community. We highlight a few of the important sections in [...]
ǼLEX is the author of the Nigeria chapter of the Chambers Doing Business In...2020 Guide. The Chapter offers insight on Nigeria's legal system - including laws on employment, tax, competition, data protection, intellectual property as [...]
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 Partners [...]
Cryptocurrency has revolutionised the global monetary system and slowly evolved into a viable legal tender. Noting the increasing use of cryptocurrency in Nigeria, it is imperative that the Central Bank of Nigeria and the Securities and Exchange [...]
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