Dirty Money, Clean Hands: Navigating AML/CFT Regulations for Nigerian Lawyers
INTRODUCTION The plague and scourge of illicit financial transactions have, over time, caused significant damage to the world at various points in history. Particularly concerning are financial and drug crimes, terrorist activities, and the proliferation of weapons of mass destruction. The nature of this issue is such that the global community has agreed that measures […]
The 50/50 Myth: Unpacking Settlement of Properties in Nigerian Matrimonial Causes
Introduction The dissolution of marriage often presents not only emotional and psychological challenges but also significant legal and financial complexities. One of the most contentious issues that arises during divorce proceedings is the question of property distribution between the parties. The division of matrimonial properties often sparks contentious debates about fairness, equity, and the contributions […]
Blockchain Policy: A Positive Development for Nigeria’s Ecosystem
Blockchain technology, known as BT, has gained widespread attention for its potential to revolutionize various sectors such as finance, education, healthcare, supply chain, and transportation worldwide. Nigeria, being the largest economy in Africa, has quickly recognized the advantages of this innovative technology. Nigeria has recently introduced a National Blockchain Policy aimed at promoting economic growth […]
Zhongshan Fucheng Industrial Investment Co. Ltd. V. Federal Republic of Nigeria – Exploring the Options Available to Resist the Enforcement of Arbitral Award
Introduction. It’s a matter of public record that the Federal Republic of Nigeria’s assets have been attached to enforce an arbitral award issued on 26 March 2021 by a UK tribunal. The circumstances leading to this are widely known and do not require further explanation. We have covered the case details in our previous instalment, […]
