Olisa Agbakoba Legal (OAL) is leading a collaborative initiative with the Federal Government of Nigeria to revitalize the nation’s aviation sector. The Fly Nigeria Act: OAL has developed the Fly Nigeria Bill, which represents the first concrete effort to establish a Nigerian Aviation local content policy. Modelled after the U.S. Fly America Act of 1974,…
Olisa Agbakoba Legal (OAL) has submitted a comprehensive advisory to the Federal Government of Nigeria outlining critical reforms needed to unlock the full potential of the country’s maritime and blue economy sectors. The advisory emphasizes the need for a robust and effective governance framework, strategic investments, and legislative updates to drive revenue generation, job creation,…
Mergers and acquisitions (M&A) serve as a potent strategy for businesses aiming to broaden their reach, access new markets, and realize economies of scale. Yet, it’s crucial to acknowledge that M&A transactions are intricate endeavours fraught with substantial risks and hurdles.
A contract of affreightment is an agreement between a charterer and a ship owner where the ship owner agrees to transport a specific number of goods for the charterer at a specified period.
One great way of expanding one’s business is to establish it in other countries like Nigeria, but why foreign direct investments in Nigeria? Nigeria is the most populous African nation, Nigeria continues to attract an increasing number of Foreign Direct investments annually. According to the UNCTAD 2021 World Investment Report, Nigeria’s inflow of Foreign Direct…
INTRODUCTION Aviation is one of the most fascinating industries in the world. It is a means of transportation that connects people, cultures, and businesses across continents. It also facilitates international trade and promotes tourism. With more than 5000 airlines that operate over 25,578 aircraft at more than 41, 500 airports, the aviation industry supports 65.5 million…
The Corporate Affairs Commission (CAC) is the statutory body charged with the administration of the Companies and Allied Matters Act (the Act) which includes the regulation and supervision of the formation, incorporation, registration, management, and winding up of companies in Nigeria. Section 7 of the Act sets out the functions of the commission, as follows:…
