Virtual Court Sittings – Investing in Technology
In July 2019, shortly before the annual vacation of courts in Nigeria, my firm received a brief from a distraught client. His case was that the Asset Management Corporation of Nigeria (AMCON) had frozen all his bank accounts and taken over his assets. His matter was urgent, and he was desperate. The matter was slated
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What You Should Do if You Become a Victim of Surgical Errors
Surgeries and operations are not without risks. We really appreciate the dedication that the medical professionals put into their work. However, they can also make mistakes. Even the simple surgical procedures put the patient at risk, especially if the surgeon becomes careless. Surgical procedures can be performed on almost all parts of the body. Some
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Implications of the Finance Act 2019 on Petroleum Profit Tax in the Oil and Gas Industry
Introduction Oil serves as a major source of foreign exchange and income for countries with crude oil as one of their major natural resources. The economies of oil play important roles in the shaping of economic, political and foreign policies of nations. The Organization of Petroleum Exporting Countries (OPEC) constitutes a powerful bloc in oil
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CBN’s Regulation on Instant (Inter-Bank) Electronic Funds Transfer Services in Nigeria
1.0 PREAMBLEIn exercise of the powers conferred on the Central Bank of Nigeria (CBN) underSections 2(d), 33 (1)b) and 47(2) of the CBN Act 2007 to promote sound financialsystem in Nigeria, issue guidelines, facilitate the development of an efficient andeffective payments system in Nigeria, the CBN hereby issues the following rulesand regulations for the efficient
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Lawyard Spotlight: Afoma Ofodile (In-House Legal Counsel, General Electric)
Afoma Ofodile is a commercial lawyer with experience providing strategic legal advice to executive leadership teams across various industries. She has worked on structuring deals and negotiating complex contractual arrangements in the energy and aviation sectors alongside key players including project sponsors, lenders, aircraft lessors, airline operators and government regulators. She is currently an in-house
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Are Cigarettes Smokers Liable Under the NESREA (Establishment) Act, 2007?
Have you ever wondered if the air you breathe is clean? We have often heard of the phrase “smokers are liable to die young”, while this is true; it is quite disheartening that smokers are willing to put their lives in danger. But, what is more disturbing is putting the lives of people around them
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UNCTAD Hails Nigeria on Consumer Protection during Pandemic
FCCPC RELEASE UNCTAD HAILS NIGERIA ON CONSUMER PROTECTION DURING PANDEMIC Thursday, May 14, 2020: The United Nations Conference on Trade and Development (UNCTAD) has commended Nigeria for taking proactive and effective action against price gouging and other anti-consumer activities during the ongoing global Coronavirus pandemic. The global body gave the thumbs-up during its recent webinar
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An Analysis of the Practice Direction of Lagos State High Court On Remote Hearing
By Olumide Ajayi & Kolawole Omoyajowo INTRODUCTION The purpose of the law and relevance of the Justice delivery system is measured by its accessibility, affordability and profitability to the public at all times. This is because, just as the air is to a man, so is the law and its apparatuses to any society at
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The FCCPA And Price Gouging Amidst the Covid-19 Pandemic in Nigeria
Introduction Following the outbreak and wild spread of the coronavirus disease (COVID-19), the World Health Organization (WHO) declared it to be a Public Health Emergency of International Concern, later labeled a Pandemic. This necessitated grounding to a halt movement, human-social, political and economic activities globally. Owing to the sporadic nature of this virus in Nigeria
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The Copyright Act vs The Internet: Is the Law Enough?
Copyright is an abstract property, a statutory ‘negative’ right granted over designated works upon specified terms and conditions. It is not an altogether novel development in Nigerian law but it is nonetheless important to the economy. Before the enactment of the Copyright Act in 1988, copyright was provided for by the Criminal Code and the
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