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 [...]
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 [...]
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 [...]
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 [...]
As part of its efforts to commemorate the International Women’s Day, the Middle Eastern Knowledge Economy Institute will be having a one day conference with the theme “The Role of Women in Peace and Development”. The [...]
Aero to Expand Ownership as Its MRO Attracts Investors. Thisday Online Nigeria’s foremost airline, Aero Contractors, has concluded plans to sell part of its stakes to core investors in its bid to attract more money to fund [...]
NNPC’s $1.8 billion TAM bid is fraudulent. NNPC’s losses drop by 53% on Forcados revamp. Punch Online The group operational losses of the Nigerian National Petroleum Corporation dropped by 53.1 per cent following the revamp of the [...]
Zubair appointed as acting DG, SEC. Tribune Online The Federal Government of Nigeria has appointed Dr Abdul Zubair, the acting Director General of the Securities and Exchange Commission (SEC) with immediate effect. He was before the appointment, [...]
Reserves near $34b mark despite interventions. Naira stable, as CBN sells $481m, threatens sanctions to exporters. Guardian Online The nation’s foreign exchange reserves’ profiles recorded a new increase near $34 billion mark, after gaining about $350 million [...]
Naira trades flat at 363/dollar. Punch Online The naira is expected to remain stable across its multiple exchange rates as the currency hit a resistance level for investors and the Central Bank of Nigeria continues to intervene [...]
