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Arbitration 2019 – Recent Trends | Taking Stock

2018 was an eventful year in the global arbitration space. Statistics show that London, Paris, Singapore, Hong Kong and Geneva are the five most preferred seats of arbitration. However, we expect to...

The Extent of Court’s Intervention in Arbitration Proceeding: A Review of the Decision in...

Over the years, the Nigerian courts have consistently maintained a friendly disposition towards arbitration, evinced by the courts’ attitude of limiting its interference in arbitration designated disputes, in accordance with Section 34...

Key Amendments to the National Environmental Standards and Regulations Enforcement Agency (Establishment) Act

The National Environmental Standards and Regulations Enforcement Agency Act, 2007,(NESREA Act) was amended in November 2018, by the National Environmental Standards and Regulations Enforcement Agency (Establishment) Amendment) Act (Amendment Act) to...

Examining the Italian Legal Framework on Distributed Ledger Technology and Smart Contracts

On the 11th of February, 2019, the Italian Parliament took a bold step and introduced the first statute which ensures the validity and legal certainty of information and data provided via...

Discrimination Against Persons with Disabilities Prohibition Act, 2018 – Overview and Impact

Prior to the assent of the President to the Discrimination against Persons with Disability (Prohibition) Bill, there was no statute which comprehensively provided for the protection of the rights of persons living...

Federal Competition and Consumer Protection Act, 2018: A New Regulatory Landscape for Mergers...

On 5th February 2019, the Federal Competition and Consumer Protection Act (‘the Act’) received Presidential Assent and was passed into law. Prior to the enactment of the Act, the legal framework for...

Locus Standi in Copyright Infringement Matters – The Supreme Court in the Adeokin &...

Copyright in musical works does not generate money for artistes. It is the royalties generated from granting licenses to users that reward creativity. It is however a herculean task for artistes...

FIRS Suspends the Application of Lien on Customers’ Bank Account

In the past two (2) years, the Federal Inland Revenue Service (FIRS) has been directing Nigerian banks to freeze the bank account of tax payers/customers whom the FIRS believe are in...

Private Sector to Partner with Federal Government on Road Infrastructure Development

The President of the Federal Republic of Nigeria recently signed the Executive Order 007 tagged the Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme Order 2019. The statutory basis of...
Taxation Report 2019 - Olaniwun Ajayi LP

Taxation in Nigeria – 2018 Review | 2019 Outlook

In 2018, Nigeria experienced a massive revenue drive in the tax space while moving up 14 points on the World Bank "Ease of paying taxes" rankings. This report sets out the...