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 [...]
We congratulate Mrs. Funke Adekoya SAN for winning the the 'WOMEN IN LAW AWARD' at the 7 Wonder Women Awards Ceremony Ball. This award was facilitated through a partnership between Guardian Woman and Lexan Media Services [...]
In the second part of this series, our Ademola Adeyoju delves further into the union between Financial Technology (FinTech) and Artificial Intelligence (AI). You may click on the link to access part 1 of the article: [...]
We are pleased to announce that Dr. Adesegun Akin-Olugbade has joined the firm as International Counsel. He joins the firm after over 30 years of working in the legal profession and financial services sector. He was [...]
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 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 [...]
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 [...]
The Energy Sustainability Conference 2018 held on 11th of October at the Oriental Hotel in Lagos (Nigeria). It featured panel discussions and specialist sessions on the various segments of the Nigerian energy sector. Mr Soji Awogbade, [...]
Mr ‘Soji Awogbade Partner of our Energy practice has been conferred with a Fellowship, the highest professional membership grade of the Energy Institute. The conferment was done during the Energy Sustainability Conference Dinner (ESC 2018) which [...]
Repurchase agreements ('repos') are undertakings where a party buys securities from a counterparty for a specified price with an agreement that the counterparty will repurchase the securities at a later date. A reverse repo is the [...]
ǼLEX contributed to the Nigerian Chapter on Franchising in the 2019 edition of INTERNATIONAL COMPARATIVE LEGAL GUIDE. The Guide covers common issues in franchise laws and regulations including Competition Law, Real Estate and the protection of [...]
One of the many ways in which a company can encourage its employees to contribute to its success is to align the employees’ financial interest with that of the company. This alignment can be achieved by [...]
Approved by the Federal Executive Council in July 2017, the National Petroleum (Oil) Policy (the 'Policy') highlights the Nigerian government's intention to move the Nigerian economy away from dependence on crude oil as its major source [...]
Value Added tax (VAT), sales tax, and hotel occupancy and restaurant consumption tax are forms of consumption taxes whose economic burden rests on the final consumer. The constitutional basis for imposing consumption taxes has been challenged [...]
Representations, covenants and events of defaults (the “Core Clauses”) are the foundations of loan agreements, and a number of these clauses are often found in a loan agreement. Unfortunately, their importance could be easily overlooked when [...]
Patents are exclusive time-bound rights given to an inventor by a government where such inventor successfully demonstrates that his disclosed invention is novel (new) and capable of industrial application.One of the goals of the patent registration [...]
Islamic financing has gained ground in Nigeria in recent times. Further to this, Islamic finance institutions are being set up and the government at both state and federal levels have issued sukuk bonds. Indeed, the Nigerian [...]
ǼLEX emerged as the winner in the Law Firm category in the finals of the 2nd Lagos Court of Arbitration Young Arbitrators Network (LCA-YAN) International Arbitration Moot Competition which held on Friday 27 July 2018. ǼLEX [...]
