FIRM NEWS
ABCs OF REGULATORY COMPLIANCE FOR CREATIVE AND INFORMATION TECHNOLOGY START-UPS IN NIGERIA
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 [...]
Aviation & Maritime Partner, Mr. Lawrence Fubara Anga appears on CNBC
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 [...]
ǼLEX Managing Partner Moderates “Positioning Nigeria as the Preferred Destination in Africa for Investment through Legislation & Policy” Panel at NOG
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 [...]
WHO SIGNED THESE PROCESSES?
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 [...]
WILL THE MANDATORY REQUIREMENT FOR THE USE OF THE NATIONAL IDENTIFICATION NUMBER BY PARTIES IN ARBITRATION PROCEEDINGS HAVE ANY EFFECT ON THE VALIDITY OF THE ARBITRATION?
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 [...]
TAX APPEAL TRIBUNAL’S JURISDICTION UNDER ENABLING ACT NOT IN CONFLICT WITH JURISDICTION OF THE FEDERAL HIGH COURT OVER TAX DISPUTES
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 [...]
CASE REVIEW: ESSO PETROLEUM AND PRODUCTION NIGERIA LIMITED & SNEPCO V. FIRS & NNPC
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 [...]
AELEX Partner attends 20th Annual Energy Forum in Mauritius
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 [...]
ǼLEX sponsors NBA’s 12th Annual Business Law Conference
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 [...]
ENHANCED PROTECTION FOR INVESTORS PARTICIPATING IN PRIVATE PLACEMENTS? – THE DECISION IN STANBIC IBTC BANK PLC v. LONGTERM GLOBAL CAPITAL LIMITED & ORS.
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 [...]
CASE REVIEW: ARE WINDING UP PETITIONS SUBJECT TO FOREIGN JURISDICTION CLAUSES? – RRSAT v. DAAR COMMUNICATIONS PLC
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 [...]
AELEX Partner makes presentation at 50th UNCITRAL & 60th New York Convention Anniversaries Conference
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 [...]
AELEX elevates Ishaya Amaza
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 [...]
COURT NULLIFIES COLLECTION OF TENEMENT RATES IN ABUJA, FCT – THE PLANNED SHELTER CASE
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 [...]
FEDERAL GOVERNMENT APPROVES EXCISE DUTY RATES FOR ALCOHOLIC BEVERAGES AND TOBACCO
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, [...]
The Lawyers who win the Most, Prepare the Most
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 [...]
HOW TO PROTECT YOUR DOMAIN NAME IN NIGERIA
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 [...]
DEATH AND TAXES: AN OVERVIEW OF THE TAX CONSIDERATIONS OF A NATURAL PERSON IN DEATH
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 [...]
ǼLEX supports Child Life Line as part of its Corporate Social Responsibility
As part of its corporate social responsibility towards the community, ǼLEX supports Child Life Line. Child Life Line is a voluntary, non-profit-making and charitable association catering for children in need. It [...]