RECENT SUPREME COURT DECISION ON THE EFFECT OF THE OMISSION OF THE WORD ‘LOCAL’...
SUPREME COURT HOLDS THAT OMITTING THE WORD ‘LOCAL’ IN THE APPELLATION OF A LOCAL GOVERNMENT IN A SUIT GOES TO THE ISSUE OF THE JURISTIC PERSONALITY OF SUCH LOCAL GOVERNMENT – CALABAR...
FAQs on the CBN Guidelines on Anti-Money Laundering, Combating the Financing of Terrorism and...
On November 23, 2022, the Central Bank of Nigeria (CBN) issued the Anti-Money Laundering, Combating the Financing of Terrorism and Countering Proliferation of Weapons of Mass Destruction (AML/CFT/CPF) Guidelines for Licensing of...
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...
Digital Banking in Nigeria: The State of Play and Legal Framework
In Part A of this Article, we examined the value proposition and factors driving the adoption of digital banking in Nigeria including the challenges facing the sector. Part B of the Article...
OALP DISPUTE RESOLUTION PRACTICE QUARTERLY NEWSLETTER – 2ND QUARTER 2022
The second quarter of 2022 has been eventful and kept the dispute resolution space extremely busy. Several interesting decisions of courts were delivered in Nigeria and other jurisdictions during the period and...
FREQUENTLY ASKED QUESTIONS ON EMPLOYEE SHARE AND STOCK COMPENSATION PLAN
We have prepared these Frequently Asked Questions (FAQs) to address some of the general issues, and concerns that employers and employees have in relation to the issuance and administration of employee share...
Nigerian Maritime Industry 2022 Wrap-Up | 2023 Outlook
The Nigerian maritime sector is of critical importance in the development of the Nigerian economy and there continues to be concerted efforts by the Nigerian Government and maritime stakeholders in ensuring that...
FIRS PUBLIC NOTICE ON CERTIFICATE OF FIXED ASSET ACCEPTANCE AS A PRECONDITION FOR THE...
The FIRS in a recent public notice requested that all companies submit their Certificates of Fixed Assets Acceptance (CAFA) on Qualifying Capital Expenditures (QCEs) for capital allowances enjoyed between 2016 and 2021...
OALP DRP QUARTERLY NEWSLETTER
In the fine and evergreen words of Charles Evans Hughes, former Chief Justice of the United States of America, “We are under a Constitution, but the Constitution is what the judges say...
Uber is Suing an Ad Agency for Fraud
Ride-hailing service Uber Technologies Inc. is suing an ad agency for fraud, thanks partly to a post on Breitbart News.
Uber is taking Fetch Media Ltd. to court for click fraud. The company says the...