Theories are rife on the pivotal role technology will play in reshaping the architecture of intra-African trade and the convergence of cryptocurrency and blockchain technology holds unique promise as accelerators in achieving the objectives of [...]
In this episode, Nenjom Asuk (Associate, AELEX), has a sit-down with Nancy Ezeonugo, the Head of Legal/Company Secretary at JumiaPay. Recorded during the heat of the currency swap a few months ago, the discussion here [...]
The FIRS has recently issued letters to owners, and in some cases, charterers of oil tankers used to export crude oil and LNG from Nigeria in connection with back taxes from 2010-2019. It appears that [...]
Every year, on the 8th of March, women all around the world take time out to reflect and celebrate the social, political, cultural, and economic achievements of the female folk. This year, 2023 [...]
AELEX was a proud sponsor of the 17th Annual International Business Law Conference of the NBA Section on Business Law (NBA-SBL), which held from the 5th to 7th of July 2023. Held at Eko Hotels [...]
Under the Trademarks Act of Nigeria (“TMA” or the “Act”), there are various grounds for which the Registrar may revoke a trademark upon the application of an applicant. One of these grounds is the concept [...]
March 17, 2023, ushered in a new regime for the copyright space in Nigeria. The President of the Federal Republic of Nigeria signed the Copyright Bill 2022 into law, which officially repealed the Copyright Act [...]
There appears to be a recent wave of retrenchment in the global employment market (especially for technology companies like Google, Meta and Microsoft). The Covid-19 pandemic had a significant impact on the global economy and [...]
The Finance Act 2023 (the “Act”) was signed into law on 28 May 2023 by former President, Muhammadu Buhari, GCFR. The Act provides that the amendments therein come into force on “1 May 2023 or [...]
(L-R)Olubunmi Osuntuyi, Secretary General, ICC Nigeria; Jean Chiazor Anisere, SAN, Co-Chair Conference Planning Committee; Dorothy Udeme Ufot, SAN, Chairperson, ICC Nigeria, Commission on Arbitration & ADR; Claudia Salomon, President, ICC Court of Arbitration, and Adedapo [...]
In March 2023, the President of the Federal Republic of Nigeria signed 16 constitutional amendment bills into law, including "the Constitution of the Federal Republic of Nigeria (Fifth Alteration) Bill, No. 33, 2022" – (the [...]
Our Senior Partner Lawrence Fubara Anga, SAN, FCTI is a featured contributor in the first edition of the Meritas Africa Guide to Banking & Finance. He authored the Nigerian section of the publication. The guide provides information [...]
The International Fiscal Association – Africa Region, Invites you to its Webinar on “Double Tax Treaties in Africa’’. It is set to hold on Friday 2nd June 2023. This will be a major debate on [...]
The Nigerian Office for Trade Negotiations (NOTN) in collaboration with AELEX is pleased to invite all stakeholders to the National workshop on the Creation of the 21st Century Credit Oriented Economy scheduled to hold on [...]
How Can Time to File a Tax Assessment Appeal Be Extended? A taxpayer is required to appeal a tax assessment within 30 days of receipt of a Notice of Refusal to Amend the assessment or [...]
Mr. Olusoji Awogbade was invited to speak at the ICC Africa Sustainable Supply Summit. The Supply Chain Summit was held to provide stake holders (African Nations, traders) with an opportunity to discuss various issues affecting [...]
The decision of the FHC in Accugas v. FIRS against the retrospective application of the provisions of the Finance Act 2019 The decision of the Court of Appeal in FIRS v. AG Lagos and The [...]
Financial institutions in Nigeria prefer immovable assets, like land, as security for loan repayment over movable assets. This is partially because lands and land transactions are regulated, and standard registries are established to keep records [...]
On 7 March 2023, the Central Bank of Nigeria (the "CBN") issued the Operational Guidelines for Open Banking in Nigeria (the "Guidelines"), setting out detailed provisions on the responsibilities and expectations for participants in the [...]
Capital is the lifeblood of every organization, as every company needs capital to run its operations and achieve its corporate goals efficiently. The debt capital market is a very viable option for companies and federal [...]
