We are pleased to note that our Davidson Oturu has been ranked as a leading lawyer by Chambers and Partners in its 2022 Fintech Guide. This is in recognition of his thought leadership and continuous contributions to the fintech [...]
AELEX is pleased to have advised ShapShap Logistics as it secures significant funding from GreenTec Capital Partners to accelerate its scaling process. ShapShap Logistics , a #logitech startup led by Khalil Halilu, is an on-demand delivery service that provides an all-in-one platform designed to ease [...]
We are pleased to announce that AELEX has been ranked by Chambers and Partners as a leading law firm in its 2022 Global Fintech Guide. In describing the practice, sources are quoted as saying: “They are excellent. They have [...]
Our Adedapo Tunde-Olowu, SAN, FCIArb, FCTI, Ugonna Ogbuagu and Grace Ezinne Nwaigwe recently contributed to the Nigeria Edition of the Chambers and Partners Global Practice Guide: Litigation 2022. The Litigation 2022 Guide provides the latest legal information on litigation funding, initiating a lawsuit, [...]
The ǼLEX Fintech Centre (“the Centre”) in its latest podcast hosts the phenomenal Titi Akinsanmi, Global Policy Lead, Google Assistant & Hardware. In this podcast, Titi shares her transition journey into the world of technology and [...]
Our Osinachi Nwandem and Oluwaseun Philip-Idiok recently contributed to the special Africa-focused edition of the International Bar Association Arbitration Committee’s newsletter. In the article, they reviewed the indirect reforms and regulation of third-party funding in African [...]
The rise in the number of internet users in the last two decades has witnessed an increase in intellectual property infringement and theft. Presently, there exists in massive numbers, bad actors who leverage on the [...]
The National Pension Commission (PENCOM) recently introduced a new category of fund which complies with sharia principles of investment. The Non-Interest Fund (Fund VI) permits pension contributors and retirees to choose the preferred investment portfolio [...]
In what was the 2nd Marginal Field Bid Round (Bid Round) since 2002/2003, the 2021 Bid Rounds concluded earlier this year with 57 marginal field assets awarded to 161 companies by the Department of Petroleum [...]
The value-added services (VAS) subsector in Nigeria is projected to generate USD500 million by the end of 2021. The subsector, which is regulated by the Nigerian Communications Commission, requires licences and approval before any intending player [...]
The Growth Board of the Nigerian Exchange Limited (NGX) was developed to enable companies with small market capitalisation , good corporate governance structure and potential for growth to list on the NGX and grant them [...]
It is indubitable that over the last decade, the creative and entertainment industry in Nigeria has experienced massive growth. However, despite this noticeable growth, the industry appears beset by lack of funding and the absence [...]
Payment Service Banks (“PSBs”) have remained a veritable vehicle for financial inclusion across countries since their introduction into the financial space,. In July 2021, the Central Bank of Nigeria (“CBN”) issued a Supervisory Framework for [...]
ǼLEX is the author of the Nigeria chapter of the Chambers Doing Business In…2021 Guide. The Chapter offers insight on Nigeria’s legal system, including laws on employment, tax, competition, data protection, intellectual property as well [...]
Partner and Head of our Technology and Innovation Practice Group, Davidson Oturu, was on Africa Independent Television (AIT) - Focus Nigeria Program where he discussed the regulatory environment and the need for a Nigerian Start-up [...]
Considering the necessity of adequate cybersecurity systems in this digital world, the ǼLEX Fintech Centre (“the Centre”) in its latest podcast hosted Ms. Confidence Staveley, the Founder and Executive Director of Cybersafe Foundation. In this podcast, [...]
There has been some disagreement between the Nigerian Postal Service (NIPOST) and the Federal Inland Revenue Service (FIRS) over which agency is responsible for collecting stamp duties on receipts, electronic transfers, and teller deposits. However, [...]
On 1 January 2021 , a new era began in Africa with the commencement of trade under the African Continental Free Trade Area (“AfCFTA”) regime. The AfCFTA seeks to create a single market for goods [...]
SEC Introduces New Custody Rules for Collective Investment Schemes and Mutual Funds
After two decades of unsuccessful attempts and several iterations, the Petroleum Industry Bill was recently passed into law following the assent of the President of Nigeria, Muhammadu Buhari. The Petroleum Industry Act (PIA) provides a [...]
