Court Strikes out Motion Seeking Reversal of FG’s National Theatre Handover
Justice Ayokunle Faji of the Federal High Court in Lagos yesterday struck out an application seeking to reverse the alleged handover of the National Theatre to the Central Bank of Nigeria (CBN), Access Bank Plc and the Bankers Committee. The ex-parte application was brought by Topwideapeas Limited through its lawyer, Mr. Chijioke Okoli (SAN), who […]
Mervyn King, Ajogwu unveil book to rebuild corporate Africa
While the COVID-19 pandemic has caused businesses around the world to face their most challenging year till date, they are still required to adhere to corporate governance principles, codes and regulations in their operations and reporting. The King Code IV of South Africa (by introducing the benefits of good governance from an outcome-centric approach) and […]
SAN, S’Africa’s Ex-Supreme Court Judge Unveil New Book
The Chairman of the International Integrated Reporting Council (IIRC) and former Judge of South Africa’s Supreme Court, Prof. Mervyn King; and a Senior Advocate of Nigeria (SAN), Prof. Fabian Ajogwu, are set to launch their new book, “Outcomes-Based Governance: A Modern Approach to Corporate Governance”, which seeks to rebuild corporate Africa. The book with the […]
Law And Policy Of Impact Investment In Nigeria
INTRODUCTION TO IMPACT INVESTMENT IN NIGERIA It has been popularly acknowledged that every action of man has a reciprocal effect on nature, the environment, and society at large. As a result, governments were created by man and tasked with the duty of maintaining and regulating the nation in what is commonly called the social contract in […]
Court Strikes Out Suit Against CBN For Lack Of Jurisdiction
Justice Muslim Hassan, sitting at the Federal High Court in Lagos, has thrown out a suit filed by Professor Anthony Elujoba (Plaintiff), a Professor at Obafemi Awolowo University (OAU), Ile-Ife, Osun State, against the Central Bank of Nigeria (CBN). The suit challenged the directive of CBN to Guaranty Trust Bank (GTB) to freeze his account […]
Brief Insights In SME Financing
Introduction to SME financing importance of SME’s to the economy The Ministry of Finance defines SMEs as businesses with a turnover of less than N100 MM per annum and/ or less than 300 employees. Studies by the IFC show that approx. 96% of Nigerian businesses are SMEs and SMEs represent about 90% of the manufacturing/ […]
The Obligations And Challenges Of Nigerian Companies Under Nigeria’s Data Protection Regime
INTRODUCTION Data is “information, especially facts or numbers, collected to be examined and considered and used to help decision-making or information in an electronic form that can be stored and used by a computer. Data due to technological advancement and digital inclusion has become more valuable than oil. The fact that that the five most […]
Nigeria’s Renewable Energy Laws And Regulations And The Race To Achieve Lasting Economic Growth
Energy Generation in Nigeria The importance of energy cannot be overemphasised, as it is an essential component for the economic and socio-political development of every country. The national fabric is woven via the interconnected network of activities mainly dependent on energy. Energy is therefore vital to the improvement of quality of life and standard of living […]
Law And Contagion: The Impact Of Pandemics On The Economy And Businesses
The battle against Coronavirus (COVID-19) spiralled to science fiction levels. Worldwide cases are at 1,930,780with as many as 120,863 deaths reported. Locally, there are as many as 343 cases and ten deaths reported by the World Health Organisation and the Nigerian Centre for Disease Control. The escalation of the outbreak has deemed it necessary for […]
The Finance Act 2020 And Its Implications To Private Equity In Nigeria
On Monday, January 13, 2020, President Muhammadu Buhari signed and thereby morphed the erstwhile Finance Bill passed by the National Assembly on December 11, 2019, into the Finance Act, 2019 (“the Act”). The Act, according to the Minister of Finance, has strategic objectives that recognise the crucial relationship between fiscal policy, the regulatory environment and […]
