The Legal Propriety of Public Officers Owning Shares in Private Businesses or Corporations

The Legal Propriety of Public Officers Owning Shares in Private Businesses or Corporations

The anti-corruption drive of the President Bola Ahmed Tinubu administration has received its first stress test arising from the crisis in the Ministry of Humanitarian Affairs, Disaster Management and Social Development (‘MHADMSC’). The Special Adviser to the President on Media and Publicity, Ajuri Ngelale, recently announced that arising from allegations concerning the alleged misappropriation of N585,000,000 […]

The Legal Advisor

Ring in the New Year with Insight! Welcome to the inaugural issue of “The Legal Advisor” by Tope Adebayo LP, your go-to resource for everything in Corporate and Commercial Law! This 2024 kick-off edition dives deep into the groundbreaking trends revolutionizing M&A, SPACs, ESG investing, and Innovative Financing. Get the inside scoop on what’s shaping […]

Procedure for the Registration of Title to Land in Nigeria

Ownership and transfer of land is the gamut of the real estate sector in Nigeria. The real estate sector in Nigeria is one of the most thriving industries in the country and although the circumstances and peculiarity of each land or property transaction vary, what will be found is that individuals, corporations, and investors tend […]

Is the Requirement of a “Cooling-Off” Period in Arbitration a Procedural Matter or a Strict Jurisdictional Issue?

Given the global economic realities, resolution of disputes has become a necessary aspect of commercial negotiations by parties. The outcome of these negotiations would usually culminate in the parties agreeing on the modalities for resolution of their disputes which will inform the fine print of the relevant dispute resolution provisions in their agreement. However, within […]

Unlisted Securities in Mutual Funds: Assessing Liquidity Prospects

Mutual funds have long been an investment vehicle for individuals seeking diversification in investments and professional management. Their objectives often revolve around capital appreciation, income, or a combination of both. In the world of capital markets, choices abound. Typically, securities in Nigeria are traded after being listed on formal exchanges such as Nigerian Exchange Ltd […]

Oil Licensing Regime Under the Petroleum Industry Act 2021: Grounds for the Revocation of a Petroleum Prospecting Licence (PPL) (Part

Under the Petroleum Act (PA), there were 5 major grounds on which an Oil Prospecting Licence (OPL) could be revoked. Following the enactment of the Petroleum Industry Act (PIA) 2021, the grounds for revocation of a Petroleum Prospecting Licence (hereinafter referred to as “PPL” or the “Licence”) have been expanded to include circumstances not withtin […]