News & Updates
We regularly issue announcements covering important legal issues and news from the firm.
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IP NEWSLETTER: INTELLECT FIRST – 3rd Edition
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Intellectual Property Newsflash
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PENCOM Sets Group Life Insurance Deadline For All Employers
The National Pension Commission (PENCOM) in its recently issued circular has mandated employers to comply with the provisions of section 4(5) of the Pension Reform Act (PRA) 2014 by maintaining a Group Life Insurance Policy (GLIP) in favour of all its employees.
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SEC deadline for Compliance with Crowdfunding Regulations
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New CBN Licensing Requirements for Payment Service Providers
On 24th May, 2021, the Central Bank of Nigeria (“CBN”) issued a new circular on the licensing requirements for Payment Service Providers (“PSP”), indicating a definite resolve by the apex bank to regulate the sector.
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Removal of Bank Directors by the Central Bank of Nigeria: The Recent Case of First Bank of Nigeria Limited and FBN Holdings Plc
Last week, the Central Bank of Nigeria (CBN) approved and directed the removal of all directors of First Bank of Nigeria Limited (FBN) and its parent company, FBN Holdings Plc (FBN Holdings) and appointed new directors to replace the directors removed.
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NGX Amends Chapter 17 (Information Disclosure) of the Issuers’ Rules
The Nigerian Exchange Limited (NGX), formerly known as, the Nigerian Stock Exchange, amended Chapter 17 (Information Disclosure) of the Issuers’ Rules(‘Rules’). The amendments were approved by the Securities and Exchange Commission on 9th April 2021 and came into effect same day.
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CAC Extends Deadline for Issuance of Unissued Shares in Companies
In January 2021, The Corporate Affairs Commission (CAC) released the Regulations to the Companies and Allied Matters Act (Regulation 2021), requiring companies with unissued shares in their share capital to issue same on or before June 30, 2021.
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World IP Day 2021 – Intellectual Property Masterclass
A Jackson, Etti & Edu initiative organised in commemoration of World Intellectual Property Day 2021.
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Jackson, Etti & Edu is MIP Nigeria ‘Firm of the Year’ for the 2nd year running
For the second year running, JEE has won the Managing Intellectual Property (MIP) Nigeria Firm of the Year Award at the annual EMEA awards ceremony held online on 30 March 2021.
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Intellectual Property Newsletter – Intellect First (2nd Edition) Launched
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NITDA Extends Deadline for Filing of 2020/21 Data Audit Report
The National Information Technology Development Agency (NITDA) has extended the deadline to file 2020/21 NDPR audit report from 15th March 2021 to 30th June 2021.
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CAC Mandates the Issuance of All Unissued Shares in Companies to be Issued on or Before June 30, 2021
In line with the mandate of the Corporate Affairs Commission (“CAC”) to administer the existing company’s law the Commission released the Companies Regulation 2021 (“the Regulations”), in January 2021.
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Project Finance Alert
Infrastructure deficit remains one of Nigeria’s biggest challenges amidst dwindling revenue and a global economic downturn.
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JEE Partner speaks to The Nation Newspaper: Why Nigeria urgently needs an IP Policy
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Immigration Trends in Nigeria: 2020 and Beyond
No doubt, the year 2020 created new challenges for immigration policymakers around the world.
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The Central Bank of Nigeria’s Directive on Closure of Cryptocurrency Accounts
The Central Bank of Nigeria has directed Deposit Money Banks, Non-bank Financial Institutions, and Other Financial Institutions to close all accounts of persons and entities operating cryptocurrency exchanges within their system.
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Malta Government Lifts Ban on Nigerians for Citizenship by Investment
The Malta Government has recently updated its list of unqualified nationalities applying under its investor program for the “Granting of Citizenship for Exceptional Services Regulations”. This new decision, made in January 2021, effectively removes the ban on Nigerians along with other countries from applying for its citizenship programs.
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