Blog
Did you know...the CPC?
· The Consumer Protection Council (The CPC) is the agency established to help consumers deal with issues where companies have either provided poor service...
CBN Warns Commercial Banks Against Money Laundering
On Thursday, 22nd November 2018, the Governor of the Central Bank of Nigeria (the “CBN Governor”) warned commercial banks not to breach anti-money laundering laws. He said this while addressing ne...
PASSING OFF – BATH & BODY WORKS V ALDI STORES
Bath & Body Works (BBW), a leading toiletries and cosmetics company, filed a complaint in the US District Court for the Central District of California on Monday, November 19, 2018, against discoun...
Nigerian Investment Promotion Commission (NIPC) official gazette on list of pioneer industries and products
The Nigerian Investment Promotion Commission (NIPC) recently released an official gazette (the “Gazette”) of the list of pioneer industries and products. Although the Gazette was released in ...
DPR Awaits the Signal of the FGN to Commence Bid Round for Flare Gas Sites
It will be recalled that in July 2018, the Federal Government of Nigeria (the “FGN”) introduced the Flare Gas Reduction (Prevention of Waste and Pollution) Regulations, 2018 (the “Regulations”...
ACAS-Law Advises Africa Oil, Delonex and Vitol on their Joint Acquisition of much sought after Producing Assets in Deep-Water Nigeria
ACAS-Law is delighted to announce that it acted as Nigerian legal counsel to the consortium of Africa Oil, Delonex and Vitol in the recently concluded share purchase agreement for the acquisition of a...
Federal Government seeking to harness Nigeria’s Hydro-electric power resources.
The Federal Government of Nigeria has stated that it is committed to developing the hydro-power resources in the country and has identified an estimated 12,220 megawatts (MW) of hydro-electric power p...
Performance Contracts and Cancellation Clauses (Protection for Promoters)
On 8 November 2018, Afrobeats artiste, Tekno, announced that he will not be performing at his previously booked festive shows due to an undisclosed illness. For Tekno and his fans, the news had an emo...
Information Technology and the Bill for the Repeal and Re-Enactment of the Companies and Allied Matters Act
The Companies and Allied Matters Act (Repeal and Re-enactment) Bill (the “CAMA Bill”) 2018, which seeks to repeal the Companies and Allied Matters Act, CAP C20, Laws of the Federation of Nigeria 2...
Nigerian Gas Sector Gains Momentum with Chevron, Egbin and GACN’s Gas Sale and Aggregation Agreement
Image sourced from https://www.iea.org/etp/tracking2017/naturalgas-firedpower/Chevron Nigeria Limited (“Chevron”), operator of the joint venture between the Nigerian National Petroleum Corporation...