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The introduction of the Plant Variety Protection Act (PVPA) in Nigeria created intellectual property (IP) right incentives to breeders as well as an access to foreign collaboration. The lack of a regulatory framework protecting IP in new plant varieties had discouraged forei..

Copyright under the Nigerian Copyright Act,[2] is a legal protection granted to creators or originators of creative works, whether Literary, Musical, Artistic or Cinematographic works or an adaptation of any of these eligible works.[3] Copyright confers an exclusive and a..

In our third series examining the main provisions of the newly enacted Petroleum Industry Act (PIA), we consider some of the tax and fiscal provisions under the Act.

The recent decision in the case between Attorney General of Rivers State vs Federal Inland Revenue Service & Attorney General of the Federation by the Federal High Court sitting in Port Harcourt rendered a groundbreaking decision on the implementation and collection o..

On 7th August 2020, the President of the Federal Republic of Nigeria, Muhammadu Buhari GCFR, assented to the Companies and Allied Matters Act, 2020 (“CAMA 2020”) which repealed and replaced the ..

As a general principle, limitation laws apply to all civil actions. Consequently, once an action is caught by a limitation law, it cannot be sustained, and a court is divested of the jurisdiction to entertain it.

 

However recently, the National Indus..

Nigeria operates a free-market economy and there are no restrictions on foreigners setting up companies in Nigeria. Subject to the laws of Nigeria, a foreign individual or entity can set up a fully owned company in Nigeria and operate, emplo..

On the 5th day of February 2021, the Central Bank of Nigeria (“CBN”) instructed banks and other financial institutions to refrain from dealing with cryptocurrency (a digital currency) and facilitating payment for cryptocurrency exchanges. With this, various crypto-b..

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 ..