Blog
The New CAMA 2020: The Provisions to Remodel Nigerian Companies
On 7th August 2020, President Muhammed Buhari signed into the law the long-awaited Companies and Allied Matters Act, 2020 (the “Act” or “CAMA 2020”). The President’s assent effectively repea...
RIVERS STATE JUDICIARY INTRODUCES ELECTRONIC AFFIDAVIT
The Rivers State Judiciary, to ensure speedy and efficient dispensation of justice, has introduced an electronic affidavit process in its registry. The initiative was driven and necessitated by the ne...
FEDERAL HIGH COURT CONVICTS FIRST SET OF PIRATES UNDER THE SPOMO ACT 2019
The Federal High Court (FHC) in Port Harcourt on 10 August 2020 convicted three of the nine accused persons who on March 21 hijacked an Equatorial Guinea flagged vessel, the MV ELOBEY VI, off Equatori...
Nigeria Gas Transportation Network Code Goes Live
Following the announcement of the Nigeria Gas Transportation Network Code (NGTNC) on 10 February 2020, all users of the gas network are now expected to have migrated to and adopted the provisions of t...
West Africa Container Terminal Makes History
On Saturday 15 August 2020, West Africa Container Terminal Nigeria Limited (WACT) received the Maersk Stadelhorn at the Onne Port in Rivers State Nigeria. The Maersk Stadelhorn with an overall length ...
THE CAMA 2020 AND CIVIL SOCIETY ORGANISATIONS
Civil Society Organizations (CSOs) include non – profit and non-state organizations in which people organize themselves to pursue shared interests in the public domain outside of their immediate fam...
Lagos State Government to Introduce Guidelines for E-Hailing Services
The Lagos State Ministry of Transportation is set to introduce new regulations, titled ‘Guidelines for Online Hailing Business Operation of Taxi in Lagos State 2020’ which are set to be enforced f...
CAMA 2020: Deepening the Ease of Doing Business in Nigeria with a New Look CAC
On 7th August 2020, the President of Nigeria assented to and signed into law the Companies and Allied Matters Act, 2020 (“CAMA 2020”) – the primary legislation for corporate practice in Nigeria ...
SALIENT DIFFERENCES BETWEEN FREE TRADE ZONE ENTITIES & ENTITIES REGISTERED WITH THE CORPORATE AFFAIRS COMMISSION
Recently, there has been a flurry of activities in the free trade zones (FTZ) in Nigeria, particularly the Lagos FTZ. Accordingly, it is necessary to highlight the required steps for entiti...
Increased Interest in Nigeria’s Mining Industry: Highlighting Some Investment Incentives
As the Federal Government of Nigeria (FGN) continues to take steps towards addressing the adverse effect of the Covid-19 pandemic on the Nigerian economy, it cannot be overemphasized that it is p...