What Does “FinTech” Really Mean? FinTech is a portmanteau developed from the words “financial” and “technology”. It is used to describe technologically enabled innovations that are rewriting the rules of financial transactions. It is also [...]
ǼLEX is pleased to announce that its Intellectual Property Practice has been recognised in the 2019 edition of the World Trademark Review (WTR) 1000. This listing is yet another endorsement of our IP team’s hard [...]
On 6th February 2019, President Muhammadu Buhari signed the Federal Competition and Consumer Protection Bill into law. The new Act establishes the Federal Competition and Consumer Protection Commission (‘the Commission”) as well as the Consumer [...]
The Nigerian Code of Corporate Governance (the “Code”) was issued in 2018 by the Financial Reporting Council of Nigeria (the “FRCN”) pursuant to Sections 11(c) and 41(c) of the Financial Reporting Council of Nigeria Act, [...]
ǼLEX is proud to have been ranked by Chambers and Partners as a 'Leading Firm' in Nigeria in its 2019 FinTech Guide. The Chambers Global directory, published every year by Chambers & Partners, is a [...]
On 30th January, 2019, The Coca-Cola Company, the world’s largest beverage company, completed its acquisition of a 100% stake in C.H.I. Limited, one of Nigeria’s foremost fruit juice and drinks manufacturers. The transaction was structured [...]
One of our Partners in the IP & TMT Practice Group, Davidson Oturu LL.M, has received an individual recommendation in the 2019 rankings by the "World Trademark Review 1000 – The World’s Leading Trademark Professionals”. [...]
The suspension of the Chief Justice of Nigeria (CJN) Walter Onnoghen by the President, and his subsequent replacement by Acting CJN Tanko Muhammad has elicited various reactions from within Nigeria and the international community. [...]
Our Soji Awogbade is one of the speakers at the NIGERIA INTERNATIONAL PETROLEUM SUMMIT. He is a panelist on the Regulatory and Policy Dialogue on Petroleum/ Related Business Sector. This is an African Petroleum Technology and [...]
In this interview with Channels Television, the Head of our Dispute Resolution Practice Group, Mrs. Funke Adekoya SAN, takes a stand and comments on the propriety of the trial of the CJN. [...]
Mrs Funke Adekoya SAN was a speaker at the LCIA African Users' Council Symposium held earlier this month at the London Offices of Stephenson Harwood. Mrs Funke Adekoya Addresses members of LCIA This was a half [...]
AELEX Insol team Members of our Insolvency Practice Group recently contributed an article to the INSOL World 4thQuarter 2018 publication. The article is titled ‘Insolvency Law Reforms in Nigeria – Where are we Going?’ The authors [...]
The perception about African economies appears to be changing as investors are increasingly taking an interest in participating in Africa's capital markets through the use of Depositary Receipts (DRs). An analysis of a series of surveys [...]
Our Funke Adekoya SAN will be attending the LCIA African Users' Council Symposium, on Tuesday 11th December 2018 at Stephenson Harwood, London. The symposium will attract Arbitrators, in-house counsel, practitioners, academics and members of the [...]
Our Davidson Oturu LL.M, Tiwalola Osazuwa and Frances Anaekwe are the contributors to the Nigerian chapter of the recently published Thomson Reuters Practical Law Global Guide on Franchising. The publication examines the different models of local [...]
It has become commonplace for litigants and their counsel to routinely file applications for the extension of time stipulated by the various rules of courts within which they are required to perform certain acts. Filing an [...]
Mrs Funke Adekoya SAN, participated in the Seminar on Reviewing Reforms to the International Investment Regime and to the Investor-State Dispute Settlement Mechanism. It was held at Arusha, Tanzania, from 19-21 November 2018, and it was [...]
ǼLEX is proud to announce that one of its partners, Davidson Oturu , has been appointed by the Nigerian Securities and Exchange Commission (SEC) to the committee tasked with setting up a roadmap for the implementation [...]
Following its earlier expression of interest to go after alleged tax defaulters with huge funds in Nigerian banks, the Federal Inland Revenue Service (FIRS) recently started issuing letters to commercial banks, appointing them as tax collection [...]
Judgment was delivered on 22 October 2018 by Hon. Justice Olaterogun of the Federal High Court in favour of The Chartered Institute of Arbitrators (UK) (the Plaintiff) against a body that described itself as The Chartered [...]
