In September 2013, the Nigerian Electricity Supply Industry (NESI) was privatised. Six generation companies (GENCOS) and 11 distribution companies (DISCOS) were sold to investors who acquired a minimum of 60% of the shares of each company. [...]
In a bid to tackle cyber-related crimes in Nigeria, the Government passed the Cybercrime Prohibition, Prevention, etc.) Act 2015 (the “Law”) into law. Section 44 of the Law creates the Cyber Security Fund and directs the payment into it [...]
The Nigerian economy has witnessed an influx of funding and the resultant growth in the creative and information technology (CIT) industry. In 2017, the rise of activity in the Nigerian tech space attracted Mark Zuckerberg, the [...]
Aviation & Maritime Partner, Mr. Lawrence Fubara Anga, will be appearing (along with a panel of aviation experts) on CNBC by 1pm on 9th July 2018. He will be discussing on the subject “Opening Africa’s [...]
This year's Nigeria Oil & Gas Conference & Exhibition (NOG) is scheduled for 2nd – 5th July 2018 at the International Conference Centre, Abuja. The theme of the conference is “Driving Nigeria’s Oil & Gas Industry [...]
Litigation or the process of dispute resolution is termed to be a very serious process. It is the process that potentially culminates in the determination of parties’ rights and liabilities, which could be of enormous consequence. [...]
In October 2017, Nigeria’s National Identity Management Commission (the Commission) which was established under the National Identity Management Commission Act 2007 (the Act) issued regulations titled “Mandatory Use of the National Identification Number Regulations, 2017” (the [...]
The Court of Appeal has on 10 March 2017 confirmed that the jurisdiction of the Tax Appeal Tribunal, which is an administrative appellate body over tax disputes as set out in the Federal Inland Revenue Service [...]
The Nigerian Court of Appeal in Esso Petroleum and Production Nigeria Limited & Shell Nigeria Exploration and Production Company Limited v. Federal Inland Revenue Service & Nigerian National Petroleum Corporation [Esso v. FIRS] deviates from its [...]
Our Soji Awogbade of the Firm's Energy & Natural Resources Practice Group is attending the 20th Annual Africa Energy Forum presently taking place in Mauritius. The theme of the conference is "Reflections on the last 20 [...]
ǼLEX is proud to be one of the sponsors of the 12th Annual Business Law Conference of the Nigerian Bar Association Section on Business Law (NBA SBL) scheduled to hold at the Transcorp Hilton Hotel, Abuja from [...]
Private placement refers to the issuing of securities by a company to a small number of select persons. In Nigeria, where the company issuing the securities (the "issuing company") is a public company, the Securities and [...]
The Federal High Court Lagos ("FHC”), delivered a ruling in Suit No.: FHC/L/CP/540/2012 RRSAT Global Communications Networks Limited v Daar Communications Plc, affirming its jurisdiction to hear a petition for the winding up of a company [...]
Our Mrs Funke Adekoya SAN, of the Firm’s Arbitration Practice Group, will be making presentations at the 50th UNCITRAL & 60th New York Convention Anniversaries Conference being organised by the International Dispute Resolution institute [IDRI] on 14th [...]
AELEX is pleased to announce the elevation of Mr. Ishaya Amaza to the role of Senior Associate in the firm. Ishaya Amaza holds an LL.M in Petroleum Law & Policy which he obtained from the prestigious [...]
The High Court of the Federal Capital Territory (FCT), in a judgment delivered by Honourable Justice Valentine B. Ashi in Suit No. FCT/HC/CV/2625/16 on 12th April 2018, declared as null and void the practice of collection [...]
The Federal Government of Nigeria has approved an amendment to the Excise Duty Rates for alcoholic beverages and tobacco. The new excise duty, which took effect from Monday, 4th June 2018, will be implemented over a [...]
ǼLEX Senior Associate, Ngozi Efobi, is ThisDay Newspaper’s Legal Personality of the Week. Please see link below her interview titled “The Lawyers who win the Most, Prepare the Most”. Read more
Simply put, a domain name can be considered as the name that a person or business chooses for his/its website. It is used to identify a registered Internet Protocol (IP) address which online visitors can use [...]
