The Economic Community of West African States (ECOWAS) recently launched its competition regulator called the ECOWAS Regional Competition Authority (ERCA) in Banjul, Gambia. ERCA, by implementing the earlier published ECOWAS competition rules, is expected to promote, maintain and [...]
ǼLEX congratulates the Interswitch group on the launch of the Verve Global Card in New York, just months after the card’s debut in Dubai, UAE. This achievement is evidence that Nigerian companies can operate on [...]
To address the challenges with taxing the digital economy in Nigeria, the Chairman of the Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, recently mentioned FIRS’ plans to begin the collection of 5% Value Added [...]
The Federal Inland Revenue Service (FIRS) recently issued a warning against companies whose bank accounts had been placed under lien by FIRS but were yet to reconcile their tax records with FIRS. In the public [...]
The Federal Inland Revenue Service (FIRS) recently issued a public notice calling out the failure of some companies to deduct and remit withholding tax (WHT) and value added tax (VAT) from compensation, including commissions, paid [...]
On 29th July 2019, a subsidiary of Telco major – MTN, was issued a licence by the Central Bank of Nigeria to operate as a Super-Agent, making MTN the first Telco in Nigeria to venture [...]
In July 2014, the then Minister of Finance – Dr Ngozi Okonjo- Iweala signed the Value Added Tax (Exemption of Commissions on Stock Exchange Transactions) Order, 2014 to waive payment of Value Added Tax (“VAT”) on [...]
ǼLEX Partner Mr. Ola Orewale was at the special Enhancement Workshop organised for the Principal Officers of Tertiary Institutions, Thought Leaders and Administrators at Michael Otedola College of Primary Education, Epe, Lagos State. He delivered [...]
We are pleased to announce that Onyinyechi Iwuoha, an Associate in ǼLEX’s Banking and Finance Practice Group, has been selected for the ILFA Flagship Secondment Programme (IFSP). Under the IFSP, she will be seconded to [...]
His Royal Highness, the Alaafin of Oyo, Oba Lamidi Adeyemi visited our Lagos office today. During his courtesy visit, he spoke to our lawyers about the important roles lawyers have played historically in [...]
ǼLEX is delighted to announce that we have been nominated in three categories for this year’s African Legal Awards. These include: Competition & Regulatory Team of the Year, IP Team of the Year, and Partner of [...]
We are delighted to announce that ǼLEX has, once again, been recognised as Nigeria’s ‘Law Firm of the Year’ by Who’s Who Legal (WWL). The firm was recognised at the WWL’s sixth annual ceremony held on [...]
Dr. Adesegun A. Akin-Olugbade, International Counsel at ǼLEX, has been appointed as a member of the World Trade Board. He joins twenty other global trade and finance leaders on this prestigious board, as the first [...]
Watch the full interview of ǼLEX Associate Adefoworola Tokan-Lawal discussing some trending legal issues on Arise TV.
Nigeria has seen remarkable growth in the technological sector, including exponential growth in FinTech companies, encompassing start-ups and more established businesses, attracting significant interest from policymakers in implementing new regulations for the FinTech industry. In [...]
Save the date for the 2019 edition of the Aelex Annual Lecture scheduled to hold on the 3rd of July 2019 at Agip Recital Hall, Muson Centre Lagos Nigeria. Watch this space for more details.
It has been a few months since the issuance of the Nigerian Data Protection Regulation (‘NDPR’). The NDPR applies to the processing of the personal information of Nigerians and non-Nigerian residents, and the risks [...]
