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Templars

Overview of the New Supreme Court Rules, 2024: A Step in the Right Direction

The Supreme Court Rules, 2024 effectively repealed and replaced the longstanding Supreme Court Rules of 1985. The 2024 Rules have already sparked considerable interest within legal circles, particularly among practitioners in Nigeria's dispute resolution landscape. In lig..

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Olaniwun Ajayi

Overview of Nigeria’s Draft National Artificial Intelligence Strategy 2024

Artificial intelligence (AI) is rapidly evolving, playing a crucial role in driving economic growth and addressing various societal challenges, amongst many others. In recognition of the rapid evolution and potential of AI, the Federal Ministry of Communication, Innovatio..

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Stren & Blan

Environmental Impact Assessment in Infrastructure Development: Legal Framework, and Contribution to Sustainable Development in Nigeria

An Environmental Impact Assessment (EIA) is a critical process used to evaluate the potential environmental impact of proposed projects before they are implemented. Their impacts can include all relevant aspects of the natural, social, economic and human environment. Ther..

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Udo Udoma & Belo-Osagie

Fintech: How Is the World Shaping the Financial Innovation Industry? (2024)

In recent years, financial technology (fintech) has rapidly expanded worldwide, forcing traditional financial institutions to evolve in response to this innovative manner of conducting business in the financial industry. Today, we continue to witness the significant impac..

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Templars

Regulating Corporate Philanthropy Through the Corporate Social Responsibility Bill, 2023

The Corporate Social Responsibility (CSR) Bill, 2023, introduces mandatory CSR requirements for Nigerian companies that meet specific financial thresholds. If passed, companies will need to establish a CSR committee, notify the Corporate Affairs Commission (CAC), and allo..

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Udo Udoma & Belo-Osagie

Cybersquatting in Nigeria: Challenges and Countermeasures

In our digitally driven world, where the internet is a cornerstone of commerce, communication, and information dissemination, cybersquatting has emerged as a serious threat. The Cybercrimes (Prohibition, Prevention, etc.) Act of 2015 in Nigeria addresses this menace, spec..

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Banwo & Ighodalo

Registration Deadline for Data Controllers and Data Processors of Major Importance

The Nigeria Data Protection Commission has extended the registration deadline for organizations that are required by law to register as data controllers and data processors of major importance. The new registration deadline is September 30, 2024. Section 44 of the Nigeria..

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Pavestones

Harnessing Digitisation to Enhance Trade in Africa - A Review of the African Continental Free Trade Area Protocol on Digital Trade

The effect of digitization over the last decade has been widespread, and cuts across various aspects of daily life and by implication, the global economy. This has resulted in digital trade and e-commerce, which has greatly influenced and changed the concept of trade in m..

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Duale, Ovia & Alex-Adedipe

Highlights of the New Regulatory and Supervisory Guidelines for Bureaux De Change Operations in Nigeria

As a response to the depreciation of the Nigerian Naira and adverse effects on inflation and economic stability, the Central Bank of Nigeria initiated significant measures in the second half of 2023 to stabilize and strengthen the Naira against major foreign currencies. T..

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