On January 29, 2024, COMESA fined the Confederation of African Football (CAF) and BEIN Media Group LLC $300,000 for anti-competitive practices related to exclusive broadcasting rights. This landmark sanction highlighted significant competition restrictions...
In our previous article, we examined Administration as a new insolvency option under Nigerian corporate law, using Moorhouse Company Limited\'s case as an example. Key points included appointing an Administrator, mandatory statutory procedures, and the...
Under previous Nigerian law, only public companies, statutory bodies, and banks could publicly offer or trade securities, while private companies were restricted. The 2023 Business Facilitation Act amended section 67(1) of the Investments and Securities...
This publication discusses the process of Administration from a practical perspective, highlighting the lessons learned from The Moorhouse Administration, and will serve as a guidance note to insolvency practitioners, insolvent corporate entities, creditors,...
The Nigerian pension industry stands as a critical pillar in the nation\'s socio-economic landscape to ensure the financial security of millions of retired citizens. A key feature of the Nigerian Contributory Pension Scheme (“CPS”) that has aroused commendation...
Nigeria’s economic headwinds over the years have culminated in hyperinflation, macroeconomic variability, and instability in the exchange rate. As part of the approaches to tackle the economic instability bedevilling the country and bolster the country’s...
The development of Internet and Information and Communication Technology (ICT) has revolutionised the world and brought with them the emergence of online commerce. Trades are now concluded on the Internet between parties from different parts of the world....
On the 17th of April 2024, the firm of Anaje. Olumide. Oke. Akinkugbe (carrying on business as AO2LAW®) held a stakeholders’ webinar with the theme: “Pension Fund Administrators and Pension Fund Custodians: Rethinking the Strictures on Common Control”....
Nigeria’s pension system has undergone significant transformations since its inception in 1951. Initially plagued with malpractices, budgetary issues, weak administration, and a lack of accountability, the system has evolved into a defined contribution...
The protection of the minority shareholders within the domain of corporate activity constitutes one of the most difficult problems facing modern company law. It is not unusual to find majority shareholders running a company in an illegal or oppressive...