Blog
COVID-19: CBN SETS NEW DEADLINES FOR MICROFINANCE BANKS’ MINIMUM CAPITAL REQUIREMENTS
It is almost 11 weeks since the first confirmed COVID-19 case in Nigeria. However, with the impact of COVID-19 on human relations, businesses and the economy as a whole, it is as though the world as w...
COVID-19: ELECTRONIC SIGNATURES AND ENTERING INTO CONTRACTS REMOTELY
The COVID-19 outbreak has caused extreme disruption to livelihood and society. Businesses and offices around the world have been forced to work remotely as governments adopt measures such as city lock...
COVID-19: Nigerian Shippers’ Council moves to impose the waiver of demurrage charges by shipping companies
On 17 April 2020, the Nigerian Shippers’ Council (‘the Agency’) directed the nations shipping lines to suspend the collection of demurrage charges on cargo which arrived in Nigeria during the lo...
COVID 19: THE ROAD TO RECOVERY - TIME TO STEP-UP THE CONTRIBUTION OF OFF-GRID RENEWABLE ENERGY SOLUTIONS
As Nigeria commences the gradual easing of the lockdown that was introduced in Lagos State (the commercial hub), neighbouring Ogun State, and Abuja, the nation’s capital, to combat the spread of COV...
COVID-19: A CASE FOR ADOPTING A ‘GENTLEMAN’S APPROACH’ IN CONTRACTUAL RELATIONS
As one can imagine, a major issue that has dominated most discussions since the outbreak of the COVID-19 pandemic is the impact of COVID-19 on contractual performance and relationships. The potential ...
COVID-19: ACTING PRESIDENT OF THE COURT OF APPEAL INTRODUCES ALTERNATIVE E-PAYMENT FOR FILING OF COURT PROCESSES
The Acting President of the Nigerian Court of Appeal, Honourable Justice Monica Dongban-Mense has introduced an alternative e-payment platform for filing of court processes. In a circular addressed to...
COVID-19: CENTRAL BANK OF NIGERIA (CBN) N50 BILLION TARGETED CREDIT FACILITY
On Monday, 16 March 2020, the Central Bank of Nigeria (CBN) published a circular on “Policy Measures in Response to the COVID-19 Outbreak”. In outlining the negative impact of the COVID-19 pandemi...
COVID-19: EFFECT ON EMPLOYMENT CONTRACTS IN NIGERIA
During the first quarter of 2020, the outbreak of the COVID-19 pandemic has wreaked havoc on individuals, businesses, organisations and many countries globally. Medical resources have been stretched t...
COVID-19: STAY ON VISA, TEMPORARY WORK PERMIT, RESIDENCE PERMIT & EXPATRIATE QUOTA CONDITIONS
Following the outbreak of the COVID-19 pandemic, there have been numerous travel disruptions globally, as countries have put in place restrictions to help curb the spread of the disease. This has left...
COVID-19: DPR ISSUES FURTHER GUIDELINES TO ALL OIL AND GAS OPERATORS AND SERVICE PROVIDERS
“Uncertainty”, “disruption” are terminologies that have been regularly deployed since the outbreak of the COVID-19 pandemic, whether in relation to economies, businesses, supply chains, indust...