International Women's Day marks the period when the world forms the shape of a heart in celebration of the resilience and strength of women, especially at the workplace. The year 2024 [...]
ǼLEX is pleased to have successfully canvassed the position of law on the sanctity of a foreign jurisdiction clause in the contract of parties. The High Court of Lagos State in Suit No: LD/ADR/3116/2020- Sqimnga Nigeria [...]
When delay claims in construction disputes are referred to arbitration, parties invite experts (delay or quantum experts) to substantiate their delay claims. In supporting parties’ delay claims, these experts adopt several delay analysis methods to [...]
Pursuant to the powers conferred on the National Insurance Commission (the “Commission”) by the National Insurance Commission Act 1997 (the “NAICOM Act”), the Commission recently issued the Insurance Web Aggregators Operational Guidelines (the “Guidelines”). [...]
Download pdf Introduction In its drive to regulate digital/virtual assets, the Securities and Exchange Commission (SEC) has released Proposed Rules for Registration of Virtual Asset Service Providers (VASPs) and Proposed Rules on Issuance, Offering [...]
The Central Bank of Nigeria (CBN) recently released the Framework for Regulatory Sandbox Operations and the Framework for Quick Response (QR) Code Payments in Nigeria. According to the CBN, the frameworks are aimed at strengthening [...]
The Technology, Media and Telecommunications (TMT) Practice Group of ǼLEX has commenced the operation of the ǼLEX FinTech Centre ("the Centre") from today, 1st March 2021! The Centre, which is a virtual hub for all registered [...]
In a webinar organised by Mondaq with the theme “Arbitrating Investment Disputes in Africa: The Nigerian and Ghanaian Framework”, members of AELEX’s Arbitration Practice Group will consider the recent upsurge in the number of investment disputes [...]
In this second part of the article, Oluwapelumi Omoniyi, (Associate) explores Initial Coin Offerings (ICOs), how it is used to raise funds, the Nigerian legal framework on ICOs, and the pros and cons of ICOs. [...]
The Lagos Judicial Division of the Federal High Court in its Judgment delivered on 3 December 2019 in Amanyi Mohammed v. Sproxil Nigeria Limited & 5 ors, decided inter alia that the mere issuance of an [...]
In line with the impact of technological advancements on the communications industry, the Nigerian Communications Commission (which is the governmental agency responsible for the regulation of Value Added Services (“VAS”) providers in Nigeria) has published [...]
Determining the appropriate salary payable to a periodic employee terminated during the course of a month has been a knotty issue for employers. The National Industrial Court recently reached a decision, in the case [...]
The Federal Competition and Consumer Protection Commission issued a ‘Notice of Threshold for Merger Notification’ (the Notice) detailing the annual turnover threshold for determining what constitutes a small and large merger for the purpose of [...]
