News & Updates ‣ Jackson, Etti & Edu

JEE Greenovation Challenge: Innovate for a Green Future

March 25, 2020

This competition, which is proudly supported by Nigerian Conservation Foundation and World Intellectual Property Organisation (WIPO), seeks to support indigenous efforts to address climate change by encouraging providers and seekers of environmentally friendly technologies.

NITDA’s Call for Applications from Technology Companies

March 22, 2020

The outbreak of the COVID-19 pandemic has had a ripple effect on the global economy, especially as it relates to the operations of businesses.

Data Protection Compliance Audit Report: Extension of Deadline & Waivers

March 20, 2020

In the wake of the ongoing Corona Virus ("Covid-19") pandemic which has recently affected Nigeria, and considering the difficulties organisations are already experiencing in adjusting to the new Data Protection landscape in Nigeria, the National Information Technology Development Agency ("NITDA" or "the Agency"), which is the regulator of the Nigerian Data Protection space, has made a few concessions on some of the obligations on organisations within its regulatory jurisdiction.

SEC Releases Exposure Rules on Crowdfunding

March 19, 2020

The Securities and Exchange Commission (SEC), on the 28th of March 2020, released its Proposed Rules on Crowdfunding (the Proposed Rules). Crowdfunding, over the years, has become popular globally as a means of raising capital by small businesses from the public via online electronic platforms without having to register the securities with a securities commission.

Implementation of Recent Changes at NAFDAC: New Labeling Requirement for Alcoholic Beverages, Tariff Adjustment, and Risk Verification of Products

March 17, 2020

The National Agency for Food and Drug Administration and Control (‘NAFDAC’) made some important changes regarding product registration last year.

The Test of Novelty of Industrial Designs is Global and not Territorial – A Review of the Judicial Decision in Suit No. FHC/L/CP/1240/13 West African Cotton Ltd V Hozelock Exel

March 13, 2020

Jackson, Etti and Edu’s intellectual property litigation team recently obtained a decision in favour of West African Cotton Ltd at the Federal High Court, where the provisions of the Patent and Designs Act on novelty of the subject matter of registered industrial designs was reviewed and interpreted by Hon. Justice R.M. Aikawa.

Reviewed Guidelines for the Regulation and Supervision of Microfinance Banks

March 11, 2020

In the circular dated March 3, 2020, the Central Bank of Nigeria (“CBN”) released the exposure draft of the reviewed Guidelines for the Regulation and Supervision of Microfinance Banks in Nigeria (January 2020) (the “Exposure Guidelines”).

Jackson, Etti & Edu Wins ‘Firm of The Year’ – Nigeria at 2020 MIP EMEA Awards

March 10, 2020

Jackson, Etti & Edu has been named Firm of the Year in Nigeria at the 2020 Managing IP Awards.

Foreign Exchange Restrictions on Importation of Milk and Dairy Products

February 27, 2020

The Central Bank of Nigeria (CBN) recently put in place foreign exchange restrictions on importation of milk and dairy products into Nigeria.

Jackson, Etti & Edu Receives Top Ranking in Chambers Global Guide 2020

February 24, 2020

JEE is proud to have been recognised, once again, as one of Nigeria’s top tier firms for 2020, according to Chambers & Partners.

Jackson, Etti & Edu Named Trademark Firm of The Year in Nigeria at 2020 Global IP Awards

February 11, 2020

Jackson, Etti & Edu has been named Trademark Firm of the Year in Nigeria at the 2020 Global IP Awards, presented jointly by the international publications Intellectual Asset Management (IAM) and World Trademark Review (WTR).

Amendment of Nigeria’s Production Sharing Contract Regime

December 13, 2019

The President of the Federal Republic of Nigeria recently signed into law the Deep Offshore and Inland Basin Production Sharing Contracts (Amendment) Act 2019 (the “Amendment Act”). The Amendment Act modified the erstwhile Deep Offshore and Inland Basin Production Sharing Contracts Decree of 1999 (the “Principal Legislation” or the “Decree”).

Data Protection in Nigeria – Friday 25th October 2019: Preparing for the Deadline

October 22, 2019

National Information Technology Development Agency (NITDA) issued the Nigeria Data Protection Regulation 2019 (NDPR) on 25th of January 2019.

Increase in the Rate of Value Added Tax Payable in Nigeria

October 14, 2019

The Federal Executive Council (FEC) recently approved an increase in the rate of Value Added Tax (VAT) payable in Nigeria to 7.5 percent, effective 2020. This proposed increase, represents an additional 2.5 percent on the 5 percent currently payable, as contained in Nigeria’s extant VAT legislation.

The Nigeria Police Trust Fund (Establishment) Act and Implications for Corporate Taxpayers in Nigeria

October 10, 2019

The Nigeria Police Trust Fund (Establishment) Act (The Act) was recently signed into Law by the President of Nigeria. The Act, which came into force on 24th of June 2019, creates the Nigeria Police Trust Fund (Trust Fund), which is a body corporate with a common seal.

Jackson, Etti & Edu Advises on Debut Samurai Loan Facility to Africa Finance Corporation

September 17, 2019

Our Banking & Finance team advised on the debut Samurai term loan facility to Africa Finance Corporation (“AFC”). The completion of this deal and its wide acceptance by Japanese lenders not only demonstrates AFC’s consistency over the years as Africa’s leading investment grade development finance institution, it also shows the level of progress, maturity and creativity attained by the African finance market.

Our Partner & Head of Sectors, Chinyere Okorocha Appointed Vice Chairperson, Nigerian Bar Association Women’s Forum.

September 17, 2019

Our Partner & Head of Sectors, Chinyere Okorocha Appointed Vice Chairperson, Nigerian Bar Association Women's Forum.

Migrant E- Registration in Nigeria

September 4, 2019

The Nigeria Immigration Service (NIS) recently launched the Migrant e-Registration Platform for foreigners who intend to stay in the country beyond ninety (90) days. This is in line with provision of the Immigration Regulations 2017. The Federal Government of Nigeria has directed all foreigners in the country to register with the NIS by January 2020.