Private equity (PE) transactions in Nigeria can generally be classified into angel investing, venture capital, growth capital, buyouts (including management buyouts) and mezzanine financing
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The Warsaw Convention 1929 was extended to Nigeria by the British colonial government via an order known as the Carriage by Air (Colonies, Protectorates and Other Trust Territories) Order 1953. This Order was repealed by section 77 (1)(a) of the Civil Aviation Act 2006 (CAA 2006). Prior to its repeal, the applicability of the Warsaw Convention as the basis for determining air carrier liability was upheld
The FCCPA defines dominance in section 70(2) as a market situation where an undertaking enjoys a position of economic strength enabling it to prevent effective competition from being maintained on the relevant market and having the power to behave to an appreciable extent independently of its competitors, customers and ultimately consumers
According to Clause 2, the Bill clearly defines its scope as applying to companies incorporated under the Companies and Allied Matters Act, 2020 (“CAMA”) and registered as start-ups per the provisions of Clause 13 of the Bill, and also organisations whose activities affect the creation, support and incubations of labelled start-ups in Nigeria. Non-technology companies, holding companies or subsidiaries of
Most modern government is made up of three arms working together - namely the Executive, the Judiciary, and the Legislature. The Executive arm is responsible for implementing the laws made by the Legislature and enforcing same, the Legislature is responsible for making the laws, and the Judiciary is responsible for interpreting the law.
The bill seeks to amend the Coastal and Inland Shipping (Cabotage) Act 2003 (“the Principal Act”), to include oil rigs as a vessel, within the meaning of a vessel under the Act, and subject to every other provision of the Act relating to vessels
ArticlesGovernanceClarifying The Data Protection Obligations Of Cloud Providers And Cloud Customers In Nigeria
It is generally assumed by some cloud customers in Nigeria that since they do not provide the cloud service, they have no compliance obligation if the cloud service is used to process the personal data of individuals in Nigeria. But as will be explained below, this is incorrect and not always the case according to the provision of the Nigerian Data Protection Regulations 2019 (NDPR) issued by the National Information Technology Development Agency (NITDA).
The Warsaw Convention 1929 was extended to Nigeria by the British colonial government via an order known as the Carriage by Air (Colonies, Protectorates and Other Trust Territories) Order 1953. This Order was repealed by section 77 (1)(a) of the Civil Aviation Act 2006 (CAA 2006). Prior to its repeal, the applicability of the Warsaw Convention as the basis for determining air carrier liability was upheld
Streamsowers & Köhn is happy to have acted as counsel to EbonyLife Studios on its collaboration with Sony Pictures Television on the creation of ÀLÓ; a brand new writers'. The initiative which offers a new avenue of expression to writers of African heritage...
The Electric Power Sector Reform Act, 2005 (EPSRA or “the Act”) is the principal legislation governing the structure and ownership of enti ties in the Nigerian Electricity Supply Industry (NESI). The EPSRA was passed for the purpose of unbundling the existing vertically integrated and state-owned Nigerian Electricity Power Authority (NEPA), creating an independent reg ulator for the industry – the Nigerian Electricity Regulatory Commission (NERC) – and achieving market liberalisation. The Act introduced several reforms including:
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