Succession planning is not merely a corporate formality; it is a strategic necessity. It’s the art of preparing for the future while safeguarding the present, ensuring that the organisation’s journey remains uninterrupted, and its legacy endures. From identifying emerging leaders to navigating the intricate web of legal and regulatory considerations, succession planning is the backbone of corporate resilience and longevity.
This is the second article in our The African Continental Free Trade Agreement AfCFTA series, where we continue our exploration of this transformative initiative. In this article, we delve into the multifaceted challenges that cast shadows on the path to AfCFTA’s success, emphasising the need for proactive measures to transform these obstacles into opportunities for collective prosperity.
The adoption of artificial intelligence (AI) in the legal system has become a subject of significant interest, sparking extensive conversations regarding its consequences and potential hurdles. In an era defined by revolutionary progress, the influence of AI extends into numerous industries, and the legal field is no different.
The landscape of Artificial Intelligence (AI) regulation in Nigeria is a tapestry of strategic initiatives, legal frameworks, and ethical considerations aimed at harnessing the transformative power of AI for sustainable growth while safeguarding human rights, democracy, and the rule of law.
The theme for World Space Week 2023 is “Space and Entrepreneurship”. It recognizes the growing significance of the commercial space industry and the increasing opportunities for space entrepreneurs. As of 2016, NASA has published over 2,000 spinoffs from space exploration in the fields of computer technology, environment and agriculture, health and medicine, public safety, transportation, recreation, and industrial productivity.
With the increased access to social media and the internet as a whole, has come a new set of offences like cyberstalking, identity theft, cyberbullying, hacking etc. One of the legal challenges is distinguishing between defamation and cyberstalking, two distinct offences often confused by the public.
For banks to remain relevant in the new world ushered by technology, deep foresight would have to be employed to keep them in use, to avoid being overridden by artificial intelligence. The marriage between technology and money is inevitable in our current world.
Recent developments in the Nigerian music industry especially in relation to the circumstances surrounding the death of Mohbad, a Nigerian music artiste and songwriter who was formerly signed under Marlian Records (Record label) have raised concerns about some record labels engaging in exploitative practices and even criminal activities under the guise of record labels.
Holding property in trust is a strategic and responsible approach to passing on assets to a minor. This legal arrangement ensures that a trusted individual, known as the trustee, manages and safeguards the assets until the minor reaches a predetermined age or achieves specific milestones, typically adulthood.
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.