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ǼLEX

Requirements for dealing in Foreign Securities in Nigeria and the role of the Regulators

There has been a lot of interest in the activities of investment technology companies (investment tech) as some of them have been utilising platforms offering securities of foreign companies to investors in Nigeria. However, these platforms have had to contend with ..

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Goldsmiths Solicitors

The New Central Bank of Nigeria Regulatory Framework and Guidelines for Mobile Money Services in Nigeria

On 9th July 2021, the Central Bank of Nigeria (CBN) released a single-document circular, setting out the framework and guidelines for the operations of Mobile Money Services in Nigeria (the Guidelines and Framework). The Guidelines and F..

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Resolution Law Firm

Overview of Product Liability in Nigeria

The Nigerian product liability law, as it currently stands, is still anchored on the fault-based principle as formulated in the case of Donoghue v Stevenson.

 

For a product liability claim, a claimant must be able to prove the following elements of n..

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ǼLEX

Wrongfully Suspending Performance of a Construction Contract – When a Contractor Will Not Be Liable for Repudiatory Breach

Non-payment in construction projects could be extremely frustrating for the contractor. The contractor’s frustration is further heightened where the contract..

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ǼLEX

Investing in Marginal Fields: Key Considerations for Financiers

It is no longer news that the winners of the ‘2021 Marginal Field’ bid round (hereinafter referred to as grantee(s)) have emerged. As grantees and potential financiers contemplate how to raise capital and the means of raising capital for the development of each field, the..

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