In an attempt to lessen the impact of the COVID-19 pandemic on taxpayers, the Federal and State Internal Revenue Services have introduced emergency tax measures such as tax rebates, tax deductibility, deferral of tax payment [...]
H.E Muhamadu Buhari, President of the federal republic of Nigeria on Monday 27 April, 2020 addressed the country. This is the third time the president is addressing the country since he initially announced the lockdown [...]
The Federal Competition and Consumer Protection Commission (FCCPC) on Friday, February 28, 2020 in one of its releases addressed concerns of the general public on price gouging, unreasonable and arbitrary increase in process of protective [...]
The President, Muhammadu Buhari on 30 March 2020 signed into law, the COVID-19 Regulations 2020, pursuant to the powers conferred on the President, under the Quarantine Act. The Regulations seeks to amongst other things, enforce [...]
The Department of Petroleum Resources (DPR) issued a circular sharing recommended practices that are proving effective in managing the spread of the Corona Virus across the industry. According to the circular, strategies adopted by Industry [...]
The Nigeria Employers’ Consultative Association (“NECA”) on 25 April 2020, issued circular addressing Employment Contracts and salary obligations to employees during the COVID-19 lockdown. According to NECA, employers’ obligations to pay wages to its staff [...]
The African Development Bank (AfDB) recently declared its plans to create a $10 billion COVID-19 Rapid Response Facility (CRF) to protect its Regional Member Countries and their private sector enterprises from the economic and social impact [...]
The Federal Inland Revenue Service, on 31 March 2020, following the directive of the Federal Government to shut down movement and activities in Lagos, Federal Capital Territory and Ogun States, has provided a number of [...]
The Federal Capital Territory Inland Revenue Service has issued a public notice extending the due date for filing Individual Income Tax Returns from 31 March 2020 to 30 June 2020, particularly for residents of the Federal [...]
The House of Representatives of the Federal Republic of Nigeria, on 25 March 2020, passed the “Emergency Economic Stimulus Bill 2020”, in a bid to cushion the impact of the COVID-19 pandemic. The Bill proposes [...]
In celebration of the World Intellectual Property Day, AELEX is organising a virtual free legal clinic, themed, 'Innovation and IP' which is scheduled to hold by 12:30pm on 28th April 2020. Intended participants at the webinar [...]
One of our #probono clients, Global Citizen, recently organised the OneWorld: #TogetheratHome concert that was watched by millions of viewers. The concert was organised to celebrate and support healthcare workers fighting #COVID19 around the world. Following [...]
Our Davidson Oturu will be a panelist in an upcoming webinar titled “An Executive Look at the Role of Trademark Law in Advancing a Green Future in Nigeria.” This webinar is scheduled for 3pm - [...]
We are pleased to have been ranked as a top-tier law firm in the 2020 edition of the The Legal 500 (Legalease) EMEA, a guide to the best lawyers and law firms across Europe, the [...]
As part of the Federal Government's intervention efforts to manage the adverse impacts of the COVID-19 pandemic, the Minister of Finance, Budget & National Planning, Mrs. Zainab Shamsuna Ahmed announced the introduction of a fiscal stimulus [...]
On 15 April 2020, the Nigerian Stock Exchange ('"NSE") released a ‘Guidance on Companies’ Virtual Board, Committee and Management Meetings’ (the “Guidance”). According to the NSE, the Guidance is in response to the shift from conventional physical meetings [...]
on March 30 2020, the Federal Government of Nigeria led by His Excellency, President Muhammadu Buhari made the COVID19 Regulations as a response to the outbreak of the deadly pandemic in Nigeria. The Regulation was made [...]
The above Guidelines was issued on March 26 2020. According to this guidelines, public companies are entitled to take advantage of section 230 of the Companies and Allied Matters Act on the use of proxies. However, [...]
The regulations came into force on March 27 2020. It is made pursuant to section 8 of the Quarantine Act and the Public Health Law of Lagos State. Accordingly, it has a total of 18 regulations [...]
The Federal Capital Territory Administration recently released its guidelines on the cessation of movement within its territory. The Chief Press Secretary to the Minister of FCT, Mr. Anthony Ogunleye noted that new observations have been [...]
