Regulatory Compliance
ǼLEX has substantial expertise and experience in providing advice to clients on regulatory compliance. We advise upon matters relating to tax evasion, bribery, anti-corruption, securities, intellectual property fraud, banking and financial crimes. We advise local and foreign clients engaged in international transactions who conduct business in Nigeria, either directly or through subsidiaries, on the complexities of Nigerian law.
Our team, which includes Nigeria, Ghana, UK and New York trained lawyers, is able to bring to bear cross-border exposure and experience on issues ranging from drafting anti-corruption policies and procedures, dealing with cross-border information requests, conducting audits into legal and regulatory compliance of the operations of major companies to working with clients in ensuring compliance with laws such as the Foreign Corrupt Practices Act (FCPA) and the UK Bribery Act.
We have advised companies operating in a diverse range of industries on bribery and anti-corruption matters. Some of these industries include oil and gas, construction, infrastructure, consumer products, aviation and consultancy services.
We are the Nigerian partner firm for TRACE International, a non-profit membership association that pools resources to provide practical and cost-effective anti-bribery compliance solutions for multinational companies and their commercial intermediaries.
FOREIGN OWNED COMPANIES MUST NOW HAVE N100 MILLION MINIMUM PAID-UP CAPITAL
By a notice dated 5th December 2023 which has [...]
REDUNDANCY PROCEDURE UNDER NIGERIAN LABOUR LAW
There appears to be a recent wave of retrenchment [...]
Data Protection – Frequently Asked Questions
The National Information Technology Development Agency (NITDA) had set [...]
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 [...]
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. [...]