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IFC

IFC Venture Capital investment in Bolt Nigeria

We are pleased to have advised the International Finance Corporation Venture Capital on its recently announced $23 million investment in Bolt Technology OU (Bolt).  This funding will enable Bolt...
Asaba International Airport

Concession of Asaba International Airport

We are pleased to have advised the First Investment Development Company Limited on the concession of the Asaba International Airport in Delta State, Nigeria. This is the first full brown-field airport concession...
Evercare

Deal Partnership – Evercare

We are pleased to have advised the Evercare Group on its investment in and development of the 165 bed Evercare Hospital, Lekki. Evercare Hospital, which recently launched clinical operations, is arguably the...
OA deals

OALP – Enabling Partnerships across Africa

“At Olaniwun Ajayi LP, we believe in enabling partnerships, and are happy that our Technology, Innovation and Fintech team has been part of the implementation of the strategic partnership between Flutterwave and...
Solar Power Naija

Solar Power Naija Program: The CBN Solar Connection Facility

The Solar Connection Facility (known as the Solar Power Naija Program) (the Program) is one of several key initiatives forming part of the Nigeria Economic Sustainability Plan (NESP), developed by the Economic...
Payment System

Newsletter on the Categorisation for the Nigerian Payments System

In furtherance of the objective and commitment to promote a strong and credible payment system in Nigeria, the Central Bank of Nigeria (CBN) on 9 December 2020 published the Circular on New...
BOFIA-GB

The Banks and other Financial Institutions Act 2020 – Spotlight on Notable Provisions

On 13 November 2020, the President of the Federal Republic of Nigeria assented to the Bill to repeal the almost three-decade old Banks and Other Financial Institutions...
BOFIA 2020

The Banks and Other Financial Institutions Act 2020 and Impact on Fintech Companies in...

On 13 November 2020, the President of the Federal Republic of Nigeria signed the Banks and Other Financial Institution Act (2020) (BOFIA or the Act) into law. The Act repealed the extant BOFIA 1991 (as amended) and...
Fame Factor

Fame Factor: Is There a Special Trademark Regime for Superstars?

The right of Lionel Messi (“the Footballer”) to register his name as a trademark was recently upheld in a decision delivered by the Court of Justice of the European Union (“the Court”)...
Netting Provisions

An Appraisal of Netting Provisions Under the Companies and Allied Matters ACT 2020

The new Companies and Allied Maters Act, 2020 (the Act or CAMA 2020), made significant amendments and introductions to the Nigerian companies’ laws, one of which is the provision for statutory enforcement of netting...