February 2024
Start| Scale | Sustain | A Discussion on Start-Up Sustainability and Governance
AelexIT2024-02-19T14:28:07+01:00The Technology, Media and Telecommunications Practice Group of ǼLEX Partners is organising its annual Webinar series for 2024, with the theme: "Start, Scale and Sustain”. The Webinar, which is scheduled to hold on Thursday, 29 [...]
SINA SIPASI – CHANNELS TELEVISION – CBN POLICY ON HARMONISATION OF REPORTING REQUIREMENTS ON FOREIGN CURRENCY EXPOSURE OF BANKS
AelexIT2024-02-05T09:43:46+01:00
Mergers & Acquisitions Nigeria – Lexology indepth
AelexIT2024-02-01T11:09:49+01:00Merger and acquisition (M&A) activities in Nigeria continue to shape the nation's corporate landscape. Forprivate companies, these transactions are primarily structured as share acquisitions through subscription orpurchase from existing shareholders. download pdf [...]
January 2024
REVISED METHOD FOR FILING OF MONTHLY EXPATRIATE QUOTA RETURNS WITH THE FEDERAL MINISTRY OF INTERIOR
AelexIT2024-03-14T13:36:29+01:00In a public notice dated 8th November 2023, the Federal Ministry of Interior (“the Ministry”) announced a significant update regarding the filing of Monthly Quota Returns, reflecting its commitment to excellent service delivery. The notice [...]
FOREIGN OWNED COMPANIES MUST NOW HAVE N100 MILLION MINIMUM PAID-UP CAPITAL
AelexIT2024-01-24T11:58:41+01:00By a notice dated 5th December 2023 which has now been retracted, the Corporate Affairs Commission (the “CAC”) informed the public of the commencement of the implementation of the N100 million minimum paid-up capital requirement [...]
December 2023
CBN Lifts ‘Ban’ on Crypto Banking Transactions
AelexIT2023-12-26T10:49:08+01:00In a notable development, the Central Bank of Nigeria (CBN) reversed its stance on cryptocurrency transactions on December 22nd, 2023, by issuing the "Guidelines on Operations of Bank Accounts for Virtual Assets Service Providers (VASPs)." [...]
Licensing and Royalty Collection in the Nigerian Music Industry
AelexIT2023-12-20T14:14:11+01:00Musical works created or produced by musicians are largely protected by copyright. This basically refers to the exclusive control that is given to the creator of a particular piece of work for a specific amount [...]
FOREIGN OWNED COMPANIES MUST NOW HAVE N100 MILLION MINIMUM PAID-UP CAPITAL
AelexIT2024-01-24T13:08:32+01:00By a notice dated 5th December 2023 which has now been retracted, the Corporate Affairs Commission (the “CAC”) informed the public of the commencement of the implementation of the N100 million minimum paid-up capital requirement [...]
Seasons Greetings
AelexIT2023-12-26T10:11:57+01:00It is the most wonderful time of the year, another opportunity to send you our warmest wishes and extend our appreciation for the confidence that you have continually placed in us over the [...]
INTEGRATING RENEWABLE ENERGY INTO NIGERIA’S ENERGY MIX; PROSPECTS AND CHALLENGES
AelexIT2023-12-12T12:15:42+01:00AELEX in collaboration with Renewable Energy and Energy Efficiency Associations -Alliance (REEEA-A) are pleased to invite the general public and stakeholders to a webinar on the topic “INTEGRATING RENEWABLE ENERGY INTO NIGERIA’S ENERGY MIX, [...]
International Day of Bank
AelexIT2023-12-08T16:46:28+01:00On 19 December 2019, the United Nations designated December 4 as the International Day of Banks. This designation was made in recognition of the role as well as the potential of banks to contribute to [...]
November 2023
LEGAL AND COMMERCIAL IMPLICATIONS OF THE ELECTRICITY ACT, 2023
AelexIT2023-11-23T13:35:14+01:00The Electricity Act, 2023, (“the Act”) was signed into law by His Excellency, President Bola Ahmed Tinubu, GCFR, on 6 June 2023. The Act was passed in light of the Federal Government's initiatives to accelerate Nigeria’s [...]
CORPORATE AFFAIRS COMMISION TO IMPOSE PENALTIES FOR LATE FILING OF ANNUAL RETURNS
AelexIT2023-11-22T14:47:35+01:00FULL APPLICATION OF PENALTIES FOR FAILURE TO FILE ANNUAL RETURNS BY COMPANIES AND RECOVERY OF PENALTIES AGAINST COMPANY DIRECTORS AND OFFICERS The Corporate Affairs Commission wishes to remind the general public and, in particular, [...]
International Comparative Legal Guides | Nigeria
AelexIT2023-11-14T14:21:11+01:00What is the legal definition of a franchise? Nigeria does not have a specific franchise law and, as such, there is no legal definition of a franchise. However, the Nigerian International Franchising Association defines franchising [...]
IMPLEMENTATION OF THE AfCFTA
AelexIT2023-11-09T16:24:14+01:00The African Continental Free Trade Area Agreement (AfCFTA) is set to contribute in lifting 30 million people from extreme poverty and 68 million people from moderate poverty by 2030 and increase real income gains by [...]
HARMONIZING CREATIVITY AND COPYRIGHT:
AelexIT2023-11-02T14:17:26+01:00Music sampling is a dynamic artistic practice that breathes new life into compositions by integrating snippets of existing music. Put simply, it involves borrowing elements from one piece and weaving them into another. download [...]
October 2023
Highlights of the Data Protection Act, 2023 | Nigeria
AelexIT2023-10-17T16:53:40+01:00On June 12, 2023, the Nigeria Data Protection Bill was signed into law by President Bola Ahmed Tinubu. Tiwalola Osazuwa, Peretimi Pere, Nenjom Asuk, and Ifeoluwa Ebiseni, from Aelex Partners, look at the key provisions of the Act, including its [...]