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 [...]
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 [...]
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 [...]
Tax liability attaches to the assets and incomes belonging to or accruing to persons which may, within the context, include natural and corporate persons under the laws in force in Nigeria . What this means is [...]
The Small Claims' Court was commissioned by the Chief Judge of Lagos State on Monday, 23rd April 2018. The Small Claims’ Courts are being established in all the Magisterial Districts in Lagos State. The essence of [...]
ǼLEX congratulates our Senior Associate, Tiwalola Osazuwa, on her appointment as the Social Secretary of the Intellectual Property Lawyers Association of Nigeria (IPLAN). Her appointment was made at the IPLAN Annual General Meeting that held on [...]
In a judgment delivered on December 29, 2017 in Toyota Motor Corporation v. Subaya Metalware Nigeria Limited & Anor , the Lagos Division of the Court of Appeal held that the mere filing of a trademark [...]
The Lagos State Internal Revenue Service (LIRS) issued the Hotel Occupancy and Restaurant Consumption (Fiscalisation) Regulation (“the Regulation”) in December 2017. The Regulation was made pursuant to Section 9 of the Hotel Occupancy and Restaurant Consumption [...]
With the enactment of the Electric Power Sector Reform Act (EPSRA) in 2005 and the subsequent privatisation of Nigeria's electricity sector in 2013, the provision of meters to electricity customers to ensure efficient billing and collection [...]
In a bid to drastically cut down gas flaring and convert flared gas to economic use, the Federal Government of Nigeria (FGN) has launched the Nigerian Gas Flare Commercialization Programme (NGFCP). Since the start of commercial [...]
On 16 February 2018, the Supreme Court of Nigeria unanimously decided in the case of Sifax Nigeria Ltd v Migfo Nigeria Ltd that where a statute of limitation prescribes a time frame within which a claimant [...]
In a landmark decision delivered on 23 February 2018 in Heritage Bank Ltd v. Bentforth Finance (Nigeria) Ltd, the Supreme Court of Nigeria appeared to abandon in part, the rule that any process that was signed [...]
In October 2017, the National Identity Management Commission – which was established under the National Identity Management Commission Act 2007 (NIMC Act)– issued the Mandatory Use of the National Identification Number Regulations 2017 (NIM Regulations). The [...]
Head of the Dispute Resolution Practice Group of ǼLEX, Mrs Funke Adekoya, SAN, gave the keynote address, which focused on energy and arbitration in the Middle East and Africa, at the just concluded 3rd Annual London [...]
No Taxation without representation' being a paper presented at The Public Lecture Organised by Aelex on Tuesday 20th July at the AGIP Hall, Muson Center Lagos. Read More
Tax Appeal Tribunal's Jurisdiction under enabling act not in conflict with jurisdiction of the Federal High Court over Tax disputes. Read More
