FIRM NEWS
Funke Adekoya SAN recognized by Who’s Who Legal (WWL)
Funke Adekoya SAN is recognised as a prominent litigation specialist who has carried out leading work on corporate insolvency and restructuring matters. Funke heads the dispute resolution practice group at AÉLEX, [...]
Davidson Oturu Appointed as subcommittee Chair by INTA
We are honoured to announce that the International Trademark Association (INTA) has appointed Davidson Oturu as the Chair of the Legislation and Regulation Subcommittee for Middle East, Africa and South-East [...]
Aelex Associates contributes to Franchising in the International Comparative Legal Guide (ICLG) 2020
Our Tiwalola Osazuwa and Frances Anaekwe Obiago are the contributors to the Nigerian Chapter on Franchising in the International Comparative Legal Guide (ICLG) 2020. The publication examines the different models [...]
REGULATING THE NIGERIAN CAPITAL MARKET: THE FINTECH ROADMAP COMMITTEE REPORT
The FinTech Roadmap Committee was inaugurated by the Securities and Exchange Commission (SEC) on the 14th of November 2018 at SEC's 3rd quarter Capital Market Committee meeting. The Committee was [...]
ǼLEX’S FUNKE ADEKOYA SAN, WINS PARTNER OF THE YEAR AT THE AFRICAN LEGAL AWARDS 2019
ǼLEX is delighted to announce that Funke Adekoya, SAN, was crowned winner of the Partner of the Year Award at the African Legal Awards 2019. The African Legal Awards recognises [...]
ǼLEX SHORTLISTED AS LOCAL & FRONTIER LEGAL ADVISORS IN THE PRIVATE EQUITY AFRICA AWARDS 2019
We are delighted to announce that ǼLEX has been shortlisted under the “Local & Frontier Legal Advisors” Subcategory in the forthcoming Private Equity Africa Awards 2019. This is the 8th [...]
Funke Adekoya SAN – TVC Interview
On this episode of #TheAdvocate #LegalFocus, SAN Mrs. Olufunke Adekoya, Head of the Dispute Resolution Practice Group at AELEX, talks about her journey into becoming a Lawyer and also her [...]
ǼLEX PARTNER DAVIDSON OTURU INTERVIEWED BY THE WORLD TRADEMARK REVIEW
ǼLEX Partner, Davidson Oturu, was recently interviewed by the World Trademark Review. He spoke, amongst other issues, on how owners of trademarks can protect their marks against persons who seek [...]
Central Bank of Nigeria Limits Daily Standing Deposit Facility to N2 Billion
The Central Bank of Nigeria (CBN) recently released a circular titled, “Guidelines on Accessing the CBN Standing Deposit Facility.” The Circular limits the interest-bearing amount of banks’ and discount houses’ [...]
ǼLEX IS SPONSORING THE AFRICA LEGAL TECH (ALT) SUMMIT IN LAGOS
ǼLEX is a proud sponsor of the Africa Legal Tech (ALT) Summit set to hold on the 19th of September 2019 in Lagos, Nigeria. There will be panels and presentations [...]
ǼLEX SPONSORS THE AFRICAN PRIVATE EQUITY AND VENTURE CAPITAL ASSOCIATION (AVCA) EVENT
ǼLEX is proud to be sponsoring the African Private Equity and Venture Capital Association (AVCA) Focus Live event scheduled to hold on Friday 13th September, 2019 at the Eko Hotel, [...]
ECOWAS LAUNCHES COMPETITION REGULATOR
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 [...]
ǼLEX CONGRATULATES HELIOS AND INTERSWITCH AS VERVE GOES GLOBAL
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 [...]
FIRS MENTIONS PLANS TO DEDUCT 5% VAT FOR ONLINE TRANSACTIONS MADE WITH BANK CARDS FROM 2020
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 [...]
FIRS THREATENS PUNISHMENT AGAINST MANAGEMENT OF DEFAULTING COMPANIES
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 [...]
FIRS APPLIES WHT/VAT ON REBATES/DISCOUNTS/COMMISSIONS
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) [...]
SUPER-AGENT LICENCES AND THE IMPLICATIONS FOR TELCOS & BANKS IN NIGERIA
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 [...]
EXPIRATION OF THE VALUE ADDED TAX EXEMPTION ON STOCKBROKING COMMISSIONS
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 [...]
ǼLEX Partner Mr. Ola Orewale spoke on the “Disciplinary Powers of Tertiary Institutions under Nigerian Laws: The Fair Hearing Imperatives” at MOCPED
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, [...]