News & Updates
We regularly issue announcements covering important legal issues and news from the firm.
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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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Chinyere Okorocha Recognized as Outstanding Woman in Business Law – Intellectual Property
We are pleased to announce that our Partner & Head of Sectors, Chinyere Okorocha has been recognized as an Outstanding Woman in Business Law, Intellectual Property for 2020.
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Data Privacy Day 2021: 10 Things You Probably Didn’t Know About Data Protection in Nigeria
There has been a lot of buzz about data protection and privacy in Nigeria over the last two years, following the issuance of the Nigerian Data Protection Regulation (“NDPR”) on the 25th of January 2019, which heralded a new dispensation in the Nigerian corporate space; one in which data protection became central to compliance, business planning and strategy.
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Royalties for Nigerian Artists under the US Music Modernization Act
The US Mechanical License Commission (MLC) has clarified that Nigerian artists are entitled to royalties for their music, which is streamed through music streaming and download platforms in the US.
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New Trademark Journal Released in Nigeria [Vol 1 No 5, 10th September, 2020]
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News & Updates – African Regional Intellectual Property Office
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Important Developments to OAPI Procedure
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Jackson, Etti & Edu wins Loans Deal of the Year at IFLR Sub-Saharan Africa Awards
JEE has been recognised at the inaugural IFLR Sub-Saharan Africa Awards 2020 for its work on Africa Finance Corporation's debut Samurai loan.
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JEE Shortlisted for Two Awards at Inaugural IFLR Sub-Saharan Africa Awards 2020
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Intellect First – Intellectual Property Newsletter
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Federal Inland Revenue Service (FIRS) – Extension of Tax Debt Payments
The Federal Inland Revenue Service (FIRS) by a notice issued on 8th July 2020, further extended the closing date of its waiver of penalty and interest window on tax debts owed by individuals and businesses from 30th June 2020 to 31st August 2020
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Financial Reporting Council of Nigeria (FRC) – Report on Compliance with the Nigerian Code of Corporate Governance (NCCG) 2018
The Financial Reporting Council of Nigeria (FRC) issued a Guidance for Reporting on Compliance with the Nigerian Code of Corporate Governance (NCCG) 2018; it also stipulates timelines for corporate entities to report compliance with the NCCG 2018.
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AMCON Takes Over the Assets of Pan Ocean Group over N240bn Debt
Following an interim Order of the Federal High Court, Lagos, the Assets Management Corporation of Nigeria (“AMCON”) has taken over possession of the Assets, Businesses, and Undertakings of Pan Ocean Group and its Subsidiaries.
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