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.
Investors often find themselves at a crossroads when deciding between ordinary shares and preferred shares, facing what can be termed “The Investors’ Dilemma.” These two distinct classes of shares represent fundamentally different investment opportunities.
The African Continental Free Trade (AfCFTA) Agreement holds immense promise for the future of Africa. By encouraging intra-African trade and economic cooperation, it has the potential to transform the continent and improve the lives of millions.
The Central Bank of Nigeria (CBN) has officially embraced a free float policy for the naira. This move signifies that the government or monetary authority, such as the CBN, will no longer intervene in determining exchange rates.
On June 14, 2023, the Central Bank of Nigeria issued a press release announcing significant changes to the foreign exchange market, which is believed to be in line with President Bola Tinubu’s commitment to unify the multiple foreign exchange markets in the country.
On the 14th of June 2023, President Bola Tinubu signed into law, the Nigeria Data Protection Act, 2023. The objective of the Act, amongst others, is to safeguard the fundamental rights and freedoms and the interests of data subjects as guaranteed under the 1999 Constitution of Nigeria.
The Nigeria Data Protection Regulation 2019 (NDPR) mandates organizations handling personal data to undergo a data protection audit conducted by a Data Protection Compliance Organization (DPCO) like Olisa Agbakoba Legal (OAL).
President Muhammed Buhari on 17th March 2023 signed/assented to the Copyright Act 2022 thereby repealing the Copyright Act LFN 2004. The new Copyright Act 2022 aims to facilitate Nigeria’s compliance…
The Nigeria Data Protection Regulation (NDPR) 2019 places responsibilities on organisations that handle personal data, including SMEs and startups. Additionally, customers value data protection, and having the support of a…