In this series of questions and answers, I provide an in-depth overview of the competition aspects of the merger control process under the ECOWAS Competition Framework
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ArticlesCorporate LawThe Question of Excessive Data Processing under the NDPR: Insights from FCCPC v Meta
On 19 July 2024, the Federal Competition and Consumer Protection Commission (FCCPC or Commission) in Nigeria imposed a fine of $220 million on Meta Platforms Inc (Meta), the parent company of WhatsApp LLC (WhatsApp), for violations of both the Federal Competition and Consumer Protection Act 2018 (FCCPA) and the
In Nigeria, the execution of an aircraft or engine sale agreement will attract stamp duties at an ad valorem rate of 1.5%. The gains realised from the sale will be subject to capital gains tax. Capital gains tax at the rate of 10% arises on gains accruing to domestic parties upon the sale of
ArticlesLaw and OrderAttorney General of the Federation v. Attorney General of Abia State & Ors (2024) LPELR-62576(SC): Was the purposive interpretation justified?
As has been the tenor of its pronouncements over the years, the Supreme Court (“the Court”), like every other court established under the Constitution of the Federal Republic of Nigeria 1999 (As amended) (“the Constitution”), has to interpret the law as it is, and not to make new laws or amend existing laws especially where the words used are clear and unambiguous. The functions of making new laws or amending
Telemedicine has appeared as a transformative force in global healthcare, offering remote medical consultations and services through digital communication technologies. In 2020, during the pandemic, a lot of countries used telemedicine to combat diseases while physical contact was prohibited. In Nigeria, there are various functional consulting
We are delighted to announce the publication of Lexology’s Panoramic Telecoms and Media: Nigeria 2024, authored by our partners Tamuno Atekebo and Chukwuyere Izuogu. This comprehensive guide provides an in-depth overview of communications and broadcast media regulation in Nigeria, highlighting key trends and developments in each sector.
ArticlesCorporate LawArtificial Intelligence and Copyright Protection in Nigeria, Legal Impact and Challenges
Artificial Intelligence is developing rapidly around the world, with Nigeria seeing growing adoption and investment in AI technologies across various industries. As AI systems become more advanced and autonomous in their capabilities, questions have emerged regarding the application of copyright law to the works created by AI. Nigeria’s current copyright statutes were established prior to the emergence of AI and do not provide explicit guidance on authorship and ownership issues involving AI-generated output.This article examines the potential impacts of advancing AI technologies on copyright protection in Nigeria, as well as the challenges involved in appropriately applying and updating intellectual property law for an AI-driven era.
ArticlesCorporate LawAn Appraisal Of The Extent Of The Protection Offered By The Public Officers Protection Act, 2004: Co-Defendant’s Rights In View
The Public Officer Protection Act, 2004 (POPA) was enacted in a bid to ensure that public officers are not distracted from their public functions and duties at the instance of many litigations pending against them. This article will appraise the provisions of the POPA, examine the exceptions created from the protections of the court, and clarify the extent of the protection offered by the Act.
The Central Bank of Nigeria (CBN) has issued a significant directive affecting electronic transfers. As per the latest mandate, banks are now required to impose a 0.5% cybersecurity levy on electronic transfers. Our article sheds more light on the implications of this directive and how it might impact your transactions.
Public sector governance is aimed at ensuring that Public Sector Entities (PSEs) not only fulfill their mandates and achieve their intended outcomes but also operate within the bounds of ethical integrity, transparency, efficiency, and effectiveness. The Nigeria Public Sector Code of Corporate Governance 2023(referred to as "the draft Code") encompasses a comprehensive definition of PSEs. This includes all
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