The federal tax authority – the Federal Inland Revenue Service (‘FIRS’), recently introduced new measures to improve the experience of taxpayers during tax audits. The strategy includes the reduction of the tax audit cycle to [...]
The 3rd Edition of the LCA-YAN International Commercial Arbitration Commercial Moot Competition commences on 25 July 2019 and we are proud to be a part of [...]
ǼLEX Partner Mr ‘Soji Awogbade FEI, moderated the Industry Leaders Panel today at the Nigeria Oil & Gas Strategic Conference themed; "Maintaining Nigeria's Position as the Oil & Gas Investment Destination of Choice". It held [...]
Watch the full interview of ǼLEX Associate Adefoworola Tokan-Lawal discussing some trending legal issues on Arise TV.
In our article in the link below, we highlight LIRS’ intention to generate new Tax Identification Numbers (TIN) for taxable persons resident in Lagos by leveraging on their Bank Verification Numbers (BVN). Read more [...]
To celebrate our 15th anniversary and as a build-up to our Annual Lecture holding from 2 pm on Wednesday, 3rd July 2019 at Muson Centre Onikan, AELEX is offering free high-level legal services in Taxation, [...]
In our article in the link below, we debate the issue of whether strong men or strong institutions will strengthen democracy in Africa. Please join us next Wednesday, 3rd July from 2 pm at Agip [...]
Nigeria has seen remarkable growth in the technological sector, including exponential growth in FinTech companies, encompassing start-ups and more established businesses, attracting significant interest from policymakers in implementing new regulations for the FinTech industry. In [...]
Facebook launched its cryptocurrency called Libra on 18th June 2019. Libra is an evolution of the current cryptocurrencies and it is expected to change the narrative in financial transactions. With Libra, financial transactions will be [...]
Big Data describes the massive collection of structured, unstructured and multi-structured data that flow through our digital universe every day — data streamed from phones and credit cards, internet activities and embedded systems, televisions and computers; [...]
The African Continental Free Trade Agreement (AfCFTA) was introduced in March 2018 to eliminate barriers to trade among the countries that signed the agreement (partner states) and promote free trade and movement of business professionals [...]
It has been a few months since the issuance of the Nigerian Data Protection Regulation (‘NDPR’). The NDPR applies to the processing of the personal information of Nigerians and non-Nigerian residents, and the risks [...]
The National Information Technology and Development Agency (‘NITDA’) has published a notice stating that the full implementation of the Data Protection Regulation (‘Regulation’) commenced on 25th April 2019. On January 25 2019, NITDA issued the [...]
Currently, the Nigerian corporate insolvency regime is restricted, generally, to receivership, liquidation and arrangement and compromise mechanisms as provided under the Companies and Allied Matters [...]
ǼLEX Partner Soji Awogbade FEI, was at the 3rd Lawyers in Oil and Gas Conference held this week in Lagos. He moderated the session titled ‘National Oil Policy’, which included speakers such as; Mr Victor, Okoronkwo [...]
On 5th February, 2019, the Federal Competition and Consumer Protection Act, 2019 (the “Act”), was enacted. The Act, among other things, repealed sections 118-128 (excluding section 121(1)(d)) of the Investments and Securities Act, 2007), thereby vesting [...]
Davidson Oturu Introduction Cambridge Dictionary defines data as “information, especially facts or numbers, collected to be examined and considered and used to help decision-making or information in an electronic form that can be stored and [...]
Florence Bola-Balogun Nigeria moved from a country with zero legislation on cyber security to a country with an extensive law with the enactment of the Cybercrime (Prohibition, Prevention, Etc.) Act (“the Act”) in 2015. The [...]
Financial technology (‘FinTech’) represents technologies that are disrupting the traditional banking services and revolutionising the financial landscape. For example, one can now open a bank account, save, borrow, invest and transfer money over the internet [...]
