Re-Evaluating the Triangular Employment Model: The Potential Exposures and Mitigating StrategiesAugust 22, 2019
The landscape of employment relations in Nigeria has witnessed a dramatic shift giving rise to several new generation models. One of such models fast becoming a preferred option by a significant number of corporates is the triangular employment model.
Key Takeaways – The Changing Landscape: Federal Competition and Consumer Protection ActAugust 20, 2019
The signing into law by President Muhammadu Buhari of the Federal Competition and Consumer Protection Act (the FCCPA/Act) on February 5, 2019, birthed a new dimension in the competition and consumer protection law jurisprudence in Nigeria
COMESA Competition Control: The Journey So Far*August 16, 2019
The COMESA 2018 report is encouraging; accounting for 46% of African FDI inflows, with 33% of all projects being greenfield, 38% of all cross-border M&A sales and raking in USD 19 billion investment income. COMESA’s value and contribution to regional trade is therefore established.
An Appraisal of Restrictive Agreements under the Federal Competition and Consumer Protection ActJuly 30, 2019
The enactment of Nigeria ‘s first comprehensive competition legislation has introduced some interesting considerations into the manner and structure in which businesses can be undertaken in Nigeria.
An Overview of the Federal Competition and Consumer Protection Act 2019July 10, 2019
Wednesday, January 30, 2019 produced a watershed moment in competition and consumer protection law jurisprudence in Nigeria, as this was the day President Muhammadu Buhari, the President of the Federal Republic of Nigeria signed the Federal Competition and Consumer Protection Act (the FCCPA/ the Act) into law.
The Changing Landscape: Federal Competition and Consumer Protection ActJuly 2, 2019
INTRODUCTION: I wish to commend our host law firms, Jackson Etti & Edu (JEE) and Norton Rose Fulbright (Norton Rose) for creating a platform for this engagement, which is of a great importance to the Nigerian and African business environment, and perhaps to the world too, giving the size of Nigeria’s economy and its potential global weight, if things are gotten right.
NAICOM Issues Circular on Increase In Paid-Up Share Capital For Insurance CompaniesMay 24, 2019
On the 20th May 2019, the National Insurance Commission (NAICOM) issued Circular Number NAICOM/DPR/CIR/25/2019 titled “Minimum Paid-up Share Capital for Insurance and Re-Insurance Companies in Nigeria” (the Circular).
Failure to Obtain Work Permit in Nigeria and other Legal Issues: A Review of Batalha v West Africa Construction Company LimitedMay 14, 2019
The Court of Appeal (CA) in the case of Batalha V West Africa Construction Ltd considered the breach of section 8 of the Immigration Act 1963 and the effect of the failure of an employer to obtain work permit on a contract to be performed by an expatriate.
Certificate of Capital Importation (CCI) Use & Validity: What an Investor Should KnowMay 13, 2019
At a recent business forum with potential investors in the Nigerian market, one question that lit up the room was how to legally repatriate returns on investment from Nigeria. This question as simple as it appears, weighs so much on the minds of investors in Nigeria, potential or otherwise, particularly given the experience in the telecommunications sector of the Nigerian economy, where the Apex Bank and regulator of the banking industry Central Bank of Nigeria (CBN), ordered one of the leading telecommunications company, MTN Nigeria Communications Limited (MTN Nigeria) to “refund a total of US$8.134 Billion repatriated from the country in breach of the foreign exchange regulations’’.