We are happy to announce that our FinTech practice has been ranked by Chambers and Partners in the Fintech Legal category for Nigeria. AELEX is recognised as experts in corporate and commercial law with a dedicated [...]
Our Davidson Oturu has been ranked by Chambers and Partners in the 2020 FinTech Legal Guide. He is recognised for being "highly experienced in advising on ICT matters and has a strong track record in handling [...]
On 13 January 2020, the President of the Federal Republic of Nigeria, His Excellency Muhammadu Buhari, assented to the Finance Bill (“the Finance Act”) which made substantial amendments to the primary tax legislation in Nigeria. [...]
The Nigerian Immigration Service (NIS) recently rolled out a new Visa on Arrival (VoA) application process for Business Travelers and African nationals. The new VoA, which became effective on 1st January 2020, does not apply [...]
Software applications are continuously being developed to solve myriads of problems in financial services, payment systems, communications, manufacturing and other area With the use of software applications, people can now communicate with their business partners [...]
ǼLEX is proud to announce that our Damilola Ogedengbe has been appointed as an officer of the Securities Law Committee of the International Bar Association for the 2020/2021 term. Damilola is a member of the [...]
AELEX is pleased to have advised AFEX Commodities Exchange Limited (AFEX) in connection with the close of a fundraising round which was fully subscribed to by Consonance Investment Managers, a sub-Saharan Africa early-stage and growth [...]
The Nigerian Immigration Service (NIS) recently issued the Migrant e-Registration Guidelines (the Guidelines) pursuant to its powers under the provisions of the Immigration Act 2015 and the Immigration Regulation 2017. In this article our associate, [...]
As part of the Central Bank of Nigeria’s (CBN) attempt to intervene on behalf of businesses that operate in the real sector and improve lending to them by Deposit Money Banks (DMB), the CBN issued [...]
Partner in our IP/TMT Practice Groups, Davidson Oturu, recently contributed to OneTrust DataGuidance, an in-depth and up-to-date privacy and security regulatory research platform supportd by more than two decades of global privacy law research. The article [...]
Funke Adekoya SAN is recognised as a prominent litigation specialist who has carried out leading work on corporate insolvency and restructuring matters. Funke heads the dispute resolution practice group at AÉLEX, a full-service law firm with [...]
On 26 August 2019, the Central Bank of Nigeria (CBN) released a circular titled: New Offer Letter Clause for Credit Facilities. The circular gives banks, who have extended facilities to customers, the right to access [...]
We are honoured to announce that the International Trademark Association (INTA) has appointed Davidson Oturu as the Chair of the Legislation and Regulation Subcommittee for Middle East, Africa and South-East Asia (MEASA) for the 2020-2021 [...]
In a bid to shore up its revenue base to finance the 2020 budget, the executive arm of the Federal Government of Nigeria has expressed its intention to increase the chargeable rate of value added [...]
The Nigerian government’s decision to close its land borders on 20 August 2019 has raised many questions regarding the legality of the government’s action particularly in light of the recently signed agreement to establish the [...]
The ‘Guidelines on Simplified Process for Foreign–to-Foreign Mergers with Nigerian Component’ was published by the Federal Competition and Consumer Protection Commission on 13 November 2019. Our understanding is that the Guidelines were issued pursuant to the [...]
"Love is 2 people looking at each other, marriage is 2 people looking together in the same direction.” An excerpt of Mrs Adekoya, SAN speaking at the session on “Partnerships that Struck Gold” during the [...]
One of the mandates of the National Information Technology Development Agency (NITDA) is to issue policies for the development of the Information Communication Technology (ICT) sector in Nigeria. The ICT sector has since grown in [...]
The Central Bank of Nigeria (“CBN”) recently reintroduced bank charges on select cash deposits and withdrawals in the country. The objective of this policy, according to the CBN, is to discourage customers from frequently depositing [...]
