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Never miss a beat on Africa's legal and regulatory landscape.

Udo Udoma & Belo-Osagie

The Climate Change Act 2021: key points for consideration

In order to protect the Nigerian environment and ecosystem from the ravages associated with climate change and to achieve the reduction of greenhouse gas  emissions in Nigeria, President Muhammadu Buhari of Nigeria signed the country’s  climate change bill into ..

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ǼLEX

Exploring the NGX Tech Board and how it can impact on the Tech Startups

As a means of fundraising, tech startups in Africa have historically preferred listing on foreign stock exchanges, like the NASDAQ, NYSE, or the LSE. This trend represents a form of capital flight that has denied the local investing public in African markets where they op..

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ǼLEX

CAMA 2020 | Drawing the Curtains on Unissued Shares of a Company

Under Companies and Allied Matters Act (“CAMA”) 1990, companies had authorized share capital consisting of issued share capital and unissued share capital (the “Old Regime”). However, CAMA 2020 recognizes only issued share capital without expressly stating what should be ..

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Udo Udoma & Belo-Osagie

Client Update on the Start-Up Act

Nigeria Startup Act, 2022 is part of the concerted efforts by the Federal
Government to promote, harness and provide stability to the 
startup ecosystem in Nigeria. Nigeria’s startup ecosystem was ranked as the top 
three most advanced ecosystems in Afr..

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Udo Udoma & Belo-Osagie

Data Protection – Did You Know You Need to Appoint a Data Protection Officer

Did you know that:

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TNP

"Shine your Eyes" - Are Disclosure Letters in Acquisitions the Real Deal

The Nigerian slang "Shine your eyes", meaning "wake up, look at what is really happening", is a must in any acquisition transaction.

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ǼLEX

A Summary of the Nigeria Data Protection Bill 2022

On 6 October 2022, the NDPB released the Data Protection Bill 2022 (“the Bill”). The Bill appears to be a beacon of hope for a final legislation on the subject, as the National Commissioner of the NDPB had stated earlier in the year that there would be a Data Protection A..

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Pavestones

Carbon Credits in Nigeria: Road to Implementation

On November 8, 2022, the new Africa Carbon Markets Initiative (ACMI) was inaugurated at the United Nations Climate Change global conference held in Sharm, Egypt, with an objective to scale the production of carbon credit across the continent.

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ǼLEX

An Appraisal of The Nigeria Data Protection Bill 2022

Since the issuance of the Nigeria Data Protection Regulation in 2019 (NDPR), stakeholders have clamoured for a more robust data protection instrument to adequately provide for the collection and processing of personal data in Nigeria. Consequently, there have been several..

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