KEY INNOVATIONS IN NIGERIA’S ARBITRATION AND MEDIATION ACT, 2023
On the 26th of May 2023, the erstwhile President of the Federal Republic of Nigeria, Muhammadu Buhari, signed into law the Arbitration and Mediation Act, 2023 (“Act” or "AMA"). The
THE NIGERIA’S DATA PROTECTION ACT 2023: A LOOK AT KEY PROVISIONS
With the recent spate of personal data breaches occurring globally, the need for comprehensive data protection measures has never been more critical. In 2019, National Information Technology Development Agency (NITDA)
THE EFFECTIVE PROTECTION OF INTELLECTUAL PROPERTY RIGHTS: AN ASSURANCE OF IMPROVED INFLOWS OF FOREIGN DIRECT INVESTMENT?
The need to attract Foreign Direct Investments (FDI) has encouraged Nigeria, amongst many other countries, to project economic assurances favourable to foreign investors. One of such assurances is the protection
GOOGLE’S POLICY RESTRICTING THE ACTIVITIES OF DIGITAL LOAN APPLICATIONS ON ITS PLAYSTORE IN NIGERIA: A SIGN OF ELEVATED REGULATORY SCRUTINY
From 2020, Nigeria experienced the heighten presence of digital lenders offering collateral free loans to members of the public. This was generally welcomed and qualified applicants took full advantage of
AN ANALYSIS OF THE RECENTLY RELEASED OPERATIONAL GUIDELINES FOR OPEN BANKING IN NIGERIA
On the 7th of March 2023, the Central Bank of Nigeria (CBN) in collaboration with industry stakeholders, developed and released the Operational Guidelines for Open Banking in Nigeria (“Operational Guidelines”).
DESPITE REFORMS INTRODUCED BY ITS MONEY LAUNDERING (PREVENTION AND PROHIBITION) ACT 2022, NIGERIA AGAIN GETS GREYLISTED BY THE FINANCIAL ACTION TASK FORCE
On the 24th day of February 2023, the global money laundering and terrorist financing watchdog, Financial Action Task Force,[1] placed Nigeria on its grey list for having insufficient measures to
ANALYSING NIGERIA’S CHOICE OF LAW REGIME FOR CROSS-BORDER CONTRACTS
Introduction: Nigeria is one of the largest economies in Africa. With a population of over 200 million, the country is a veritable hub for international trade and investments in various sectors
A CASE FOR AN INCREASE IN THE ISSUANCE OF GREEN BONDS IN EMERGING AND DEVELOPING ECONOMIES
For several years, there has been increased global awareness of the negative effects of human activity and development on the earth’s climate. Industrialisation and its accompanying emissions have contributed its
DOING BUSINESS IN NIGERIA – A GUIDE FOR THE ESTABLISHMENT OF BUSINESS ENTITIES BY FOREIGN INVESTORS
For business owners, identifying a sustainable and enabling business environment is fundamental to establishing a successful enterprise. Consequently, investors naturally gravitate towards jurisdictions with the potential to advance their business objectives. With relatively
COPYRIGHT PROTECTION IN THE METAVERSE
Technology has always been at the heart of enhancing human communication. Fifty years ago, it would have been much more difficult to access information about a company in the USA,
THE LEGALITY OF “NO REFUND” POLICIES IN COMMERCIAL CONTRACTS IN NIGERIA
The elements of a valid contract are – offer, acceptance, consideration, mutual intention to create a legal relationship, and the contractual capacity of the parties to the contract. The popular
REAL ESTATE INVESTMENT TRUSTS – THE FUTURE OF REAL ESTATE DEVELOPMENTS?
INTRODUCTION Throughout history, as man and society have evolved, socio-economic development has been intertwined with the ownership, control, and use of land. Today, land retains its relevance as a store