Crude oil remittance: Court upholds $1.7bn arbitral award in favour of NPDC

The Federal High Court in Lagos on Monday upheld a landmark $1.7billion arbitral award in favour of the Nigerian Petroleum Development Co. (NPDC) Ltd against the Atlantic Energy Drilling Concepts Nig. Ltd and Atlantic Energy Brass Development Ltd. Justice A. Faji dismissed Atlantic Energy’s application to set aside the Arbitral Award of March 5, 2020. […]

Prof. Fabian Ajogwu, SAN, Joins CIBN, CBN Governor to Advocate Leveraging Tech to Improve Administration of Justice in Nigeria

Banking and Judiciary stakeholders have jointly insisted that the administration of justice must use technology to guard against the adverse effects of COVID-19. Speaking at the 20th edition of the National Seminar on Banking and Allied Matters for Judges, organized by the Chartered Institute of Bankers of Nigeria (CIBN), in collaboration with the National Judicial […]

Professor Fabian Ajogwu, SAN, reschedules presentation of private equity book to November 17

Our Principal Partner, Professor Fabian Ajogwu, SAN has rescheduled the virtual presentation of his book titled, ‘The Law and Practice of Private Equity’. The book examines the concept of private equity and highlights its significance as an alternative financing model that helps to bridge the funding gaps for businesses and companies. Almost a month after […]

Kenna Partners Supports The Society for Corporate Governance Conference

The Society for Corporate Governance Nigeria as part of its commitment to the development of corporate governance in Nigeria will hold its 2020 Annual Corporate Governance Conference. The conference is scheduled to take place virtually on Thursday, October 15, 2020 by 11a.m. under the chairmanship of Mr. Muhammad Ahmad and was supported by Kenna Partners. […]

The Role Of The Board Of Directors In Ensuring Good Corporate Governance

INTRODUCTION Corporate Governance refers to the system of rules, processes and policies by which a company is controlled and managed.[1] These rules and policies dictate the corporate behaviour of all entities in the company and ensure that the company achieves its objectives.[2] It may also be defined as the exercise of ethical and practical leadership […]

Revolutionary Highlights of CAMA 2020

The Companies and Allied Matters Act, 2020 recently signed by President Muhammadu Buhari has been unanimously described as Nigeria’s most revolutionary piece of business legislation in decades and a badly needed respite for the private sector and small scale businesses. Davidson Iriekpen brings to the fore some of the key changes and innovations which make […]

Restraint Of Trade And Nigerian Labour Law

Introduction It is standard for any serious employment contract to contain a restraint of trade clause. Many people consider it a clause that is more bark than bite. However, it can have devastating effects on future employment. A restraint of trade clause is commonly included in an employment contract to enable an employer to protect […]

Going Virtual: Considering The Legal And Risk Implications

Introduction The year 2020 will forever be referred to as the year the world went virtual. Businesses, conferences, schools and many more have turned to virtual technology as an alternative to physical events and meetings with many projecting that this may represent the new normal. The outbreak of COVID-19 (coronavirus) brought about a compulsory shift […]