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NIGERIAN SUPREME COURT RULES THAT A CLAIM ARISING FROM AN AGREEMENT FOR THE USE...

The Nigerian Supreme Court in its recent decision in TSKJ Nigeria Ltd v Otochem Nigeria Ltd (Unreported), SC 118/2009, has held that a State High Court has the jurisdiction to adjudicate over a matter...
Company and Allied Matters Act

COMPANIES AND ALLIED MATTERS ACT (REPEAL AND RE-ENACTMENT) BILL 2018

On 15 May 2018, the 8th Senate considered and passed the Companies and Allied Matters Act (Repeal and Re-enactment) Bill, 2018 (the Bill) after its third reading. The Bill was the result of a...
Emerging trends in the oil and gas industry

Emerging Trends in the Nigerian Oil and Gas Sector – Talking Points

On the 24th of April 2018, Olaniwun Ajayi LP in conjunction with Hogan Lovells, hosted an executive round table to discuss emerging trends in the oil and gas industry, with select stakeholders of  the...

Power and Infrastructure Wrap-Up report 2017

Our Power & Infrastructure team published a report detailing the key developments in the Nigerian power and infrastructure space over the course of 2017. In the report, we also share our outlook for 2018,...

Lagos State Passes New Land Use Charge Law

On Monday 29 January, 2018, the Lagos State House of Assembly (LSHA) passed into law the Land Use Charge Bill 2017. The objective of the law is to provide for the consolidation of Property...

Analysing the ‘No-Reflective Loss’ Principle in the Context of an SSPA

Sometimes share subscription and purchase agreements will contain a clause to the effect that if the contracting company breaches certain representations and warranties, causing the acquirer of the shares to suffer loss, the acquirer...

African Union Assembly Endorses Model Law Drafted by OALP

At the recently concluded - 2018 African Union Summit, held in Addis Abba, Ethiopia, the Model Law for Development of Transboundary Infrastructure Projects in Africa, drafted by Olaniwun Ajayi LP was endorsed by African...

2017 PIDA Week Endorses Model Law Drafted by Olaniwun Ajayi LP

At the 2017 PIDA Week, held in Namibia, the Model Law for Development of Transboundary Infrastructure Projects in Africa, drafted by Olaniwun Ajayi LP was endorsed by African Heads of States. The Model Law...
NIMASA

NIMASA to Acquire New Vessels to Combat Maritime Crimes

The Nigerian Maritime Administration and Safety Agency (NIMASA) has announced that it will acquire strategic maritime security and safety assets, including vessels, in its bid to ensure maritime security in Nigerian waters which are...

The Nigerian Federal Executive Council approves for the piracy bill to be sent to...

The Nigerian Federal Executive Council (FEC) at its meeting held on 21 December 2017 approved a Memo by the Office of the Attorney General and Minister of Justice for the Piracy and Other Unlawful...