Nigeria’s SEC Introduces Digital Sub-broker Regulations
Recently, companies that offer platforms for the purchase of shares in foreign companies (“investment tech” or “wealth tech”) to Nigerians have been in a tussle with the Securities and Exchange Commission, Nigeria [...]
Tech Start-Up Companies Toolkits
Are you running a start-up or contemplating starting that business and you are uncertain on how to proceed? Do not fret as AELEX Fintech centre has compiled this start-up tool kit to guide you on setting up your business.
Exploring Initial Public Offers (IPO)
With the potential that exists to raise funds through the primary market, there are projections that initial public offerings (IPOs) may be on the rise in 2021. In this article, [...]
THE RIGHT TO BE LEFT ALONE
The majority of people with a mobile phone or access to the internet have received unsolicited emails or calls from telemarketers (cold marketing). While the practice of cold marketing is decades-old, the recent awareness in data protection and privacy has affected this concept in recent times, particularly in relation to access to the data of consumers. In this article, our Opeyemi Adeleke discusses the implication of the Nigeria Data Protection Regulations on cold marketing.
Regulation of Courier and Logistics Company in Nigeria
The Minister of Communications and the Digital Economy, Dr Isa Ali Ibrahim Pantami (the “Minister”) in accordance with Section 62 of the Nigerian Postal Services Act, 2004 (“NIPOST Act”) approved [...]
LEGAL 500 COUNTRY COMPARATIVE GUIDES
AELEX is the exclusive contributor to the Nigerian Chapter of The Legal 500 (Legalease): Franchise and Licensing Country Comparative Guides. The country specific Guide provides a pragmatic overview of how [...]
ǼLEX PARTNER TO SPEAK AT BUSINESSDAY FUTURE OF ENERGY SERIES WEBINAR:
Our Sina Sipasi (Partner, Energy & Natural Resources Group) will be one of the speakers at the BusinessDay Future of Energy Series scheduled for 10am on September 29 and 30, [...]
INNOVATIONS COVERED UNDER THE VALUE ADDED SERVICES (VAS) LICENCE FRAMEWORK IN NIGERIA
In line with the impact of technological advancements on the communications industry, the Nigerian Communications Commission (which is the governmental agency responsible for the regulation of Value Added Services (“VAS”) [...]
HIGHLIGHTS OF THE NEW COMPANIES AND ALLIED MATTERS ACT
With the passage of the new Companies and Allied Matters Act, there have been a lot of discussions around its impact on the Nigerian business community. We highlight a few [...]
Doing Business in Nigeria
ǼLEX is the author of the Nigeria chapter of the Chambers Doing Business In...2020 Guide. The Chapter offers insight on Nigeria's legal system - including laws on employment, tax, competition, [...]
Collection of royalties for the exploitation of copyright works- A Review of the Court of Appeal’s decision in Multichoice Nigeria Limited v. Musical Copyright Society Nigeria Ltd/ Gte
In the recent decision in Multichoice Nigeria Limited v. Musical Copyright Society Nigeria Ltd/ Gte, the Court of Appeal decided that assignees of copyrighted works under contracts concluded before the [...]
REGULATING NIGERIAN CONTENT ON BROADCASTING PLATFORMS: AN EXAMINATION OF THE AMENDMENTS TO THE 6TH EDITION OF THE NIGERIA BROADCASTING CODE
With the rise in the operation of streaming sites, Pay TV and other broadcasting platforms within the Nigerian territory, Nigeria’s National Broadcasting Commission has published amendments to the 6th edition [...]
ANALYSING THE 2020 MARGINAL FIELDS BID ROUND
Despite fluctuations in oil prices, significant reduction in global oil consumption, and the non-passage of the Petroleum Industry Bill, the federal government of Nigeria, through the Department of Petroleum Resources, [...]
COVID-19 OBTAIN CLEARANCE BEFORE SACKING WORKERS F.G. WARNS EMPLOYERS
The Federal Government of Nigeria has urged employers not to sack workers because of the COVID-19 pandemic without first obtaining clearance. According to Chris Ngige, Minister of Labour and Employment, [...]
HIGHLIGHTS OF THE AMENDMENTS TO DEALING MEMBERS’ RULES (PART XIIIB) BY THE NIGERIAN STOCK EXCHANGE
The Nigerian Stock Exchange recently amended the Dealing Members' Rules (Part XIIIB) which came into effect on 8 April 2020. In this write up, we highlight the changes brought about by the amendments. [...]
THE ROAD TO DEMUTUALISATION OF THE NIGERIAN STOCK EXCHANGE
The Nigerian Stock Exchange (“NSE”), a company limited by guarantee, is currently in the process of being demutualised into a public company limited by shares (“Plc”). Upon conclusion of the [...]
COVID-19: COPING WITH DATA PROTECTION/PRIVACY CHALLENGES
The coronavirus /COVID-19 pandemic is on the rampage and the global community has been forced to adapt to the unprecedented changes that have swept through businesses and organisations. With the [...]
HIGHLIGHTS OF THE NIGERIA VISA POLICY 2020
On 4th February 2020, the President of the Federal Republic of Nigeria presented the Nigeria Visa Policy (NVP) 2020 which replaces the Nigeria Visa Policy 2012. According to the Federal [...]
THE FEDERAL COMPETITION AND CONSUMER PROTECTION ACT: CURBING COUNTERFEITING AND TRADEMARK INFRINGEMENT
Counterfeiting and trademark infringement continue to pose serious challenges to innovation and industry, especially in the 21st century. The dynamic nature of these challenges makes it imperative to have progressive and [...]