In a landmark decision delivered on 22 November 2024, the Supreme Court nullified the National Lottery Act 2005 (‘NLA’), which established the National Lottery Regulatory Commission (‘NLRC’) and granted it authority to regulate national lotteries [...]
7 of our partners were recognised in various categories including Client Choice, Global Elite Thought Leaders, Thought Leaders – Africa, Recommended – Global, and Recommended –National. Lexology Index: Nigeria has been covering one of Africa's [...]
AELEX has once again been recognised as a Top Tier Firm in the 2024 IFLR1000 rankings for Sub-Saharan Africa! Our exceptional work is recognised in Nigeria and Ghana across key practice areas, including Banking, Capital [...]
Congratulations on the remarkable achievements of our lawyers who have been recognised in the 2024 IFLR1000 Sub-Saharan Africa rankings for their exceptional contributions: Lawrence Fubara Anga, SAN – Expert Consultant (Nigeria & Ghana) Theophilus Emuwa [...]
AELEX has emerged winner of the prestigious Transfer Pricing Firm of the Year (Nigeria) Award. The announcement was made at the ITR EMEA Tax Awards ceremony in London, on 18th September 2024, celebrating the most [...]
AELEX has been ranked by Chambers & Partners for FinTech Legal 2025 in Nigeria. This recognition highlights our team’s dedication to providing innovative, top-tier legal services in the rapidly evolving FinTech sector. Our team continues [...]
On 28 January 2025, the Head of Tax Practice at AELEX, Mr. Theophilus Emuwa, voiced his concerns regarding the hidden non-tax costs that businesses in Nigeria face. He shared these insights at the Breakfast Meeting [...]
AELEX is pleased to announce the admission of Rebecca Ebokpo into its partnership. This elevation is the culmination of her 13 years of dedicated service, hard work, and exceptional contributions to the firm. Rebecca joined [...]
As 2025 unfolds, regulatory dynamics are set to play a significant role in shaping the business landscape. Many of these regulatory actions started to take shape toward the end of 2024 but are expected to [...]
President Bola Ahmed Tinubu transmitted the Tax Reform Bills to the National Assembly for consideration in October 2024. The Bills aim to promote uniform procedures for the consistent and efficient administration of tax laws, facilitating [...]
Musical works often result from collaborative efforts, with various contributors playing unique roles. These roles may involve composing melodies, writing lyrics, creating beats, or producing rhythms. Contributors such as songwriters, composers, producers, and sound engineers [...]
The African Continental Free Trade Area (“AfCFTA”) Agreement establishes the world's largest free trade market, with the potential to revolutionise markets and economies across the continent. Projections indicate that AfCFTA could significantly boost intra-African trade [...]
Key Insights for Banks, Financial Holding Companies, and Public Companies under the SEC Code of Corporate Governance in Nigeria.
INTRODUCTION On 30th July 2024, the Federal High Cout sitting in Abuja delivered a landmark judgment in Suit No: FHC/ABJ/CS/665/2023: Primetech Design & Engineering Nigeria Limited and Julius Berger Nigeria Plc v. Corporate Affairs Commission. [...]
Introduction Pursuant to the Electricity Act, 2023 (the “EA”)[1], the National Electricity Regulatory Commission (the “NERC” or “Commission”) issued an order dated 30 April 2024 titled – Order on the Establishment of the Independent System [...]
On 26 March 2021, Zhongshan Fucheng Industrial Investment Co. Ltd (“Zhongshan”) obtained an arbitral award in the sum of about $USD70 million against the Federal Republic of Nigeria (“Nigeria”). The award flowed from a dispute [...]
ǼLEX is pleased that, in a unanimous judgment of the Court of Appeal in Appeal No. CA/LAG/CV/854/2022 – Sqimnga Nigeria Limited v. Systems Applications Nigeria Limited delivered on 26 March 2024, the Court of Appeal [...]
The removal of a director is popularly recognised as the exclusive preserve of a company’s members in general meetings in line with the provision of section 288(1) of the Companies and Allied Matters Act, 2020 [...]
ǼLEX is pleased to have represented the successful defendants; Pressure Control Systems Nigeria Ltd (PSCNL) and Baker Hughes (BH) in a suit instituted by a former employee in Suit No: NICN/LA/405/2019-Adebisi Arike Shonekan v. Pressure [...]
1. What are the main methods of resolving disputes in your jurisdiction? The main methods of resolving commercial disputes in Nigeria are Litigation and Alternative Dispute Resolution Mechanisms such as; Arbitration and Mediation. Parties may [...]
