UPDATESLaw Firm Blog

Artificial intelligence  in Nigeria is a relatively new field. AI also known as machine intelligence, a term first coined over fifty years ago is finally becoming relevant and impactful in today’s global arena. AI in conjunction with other disruptive technologies such as Blockchain, Big data and Analytics, all constitute part of the new technological wave of […]

Introduction: The Central Bank of Nigeria (CBN) by its letter dated 5th October 2018, written to all banks, telecommunication companies, mobile money operators, banking agents and the Nigerian Communication Commission, circulated draft guidelines and regulations of Payment Service Banks (PSB) for comments and observations. The PSB is CBN’s initiative to promote a sound financial system […]

Over the years, the Nigerian maritime industry has witnessed the uncontrolled and illegal participation of foreign shipowners which has been detrimental to the industry. This position necessitated the enactment of the Coastal and Inland Shipping (Cabotage) Act in 2003. The Cabotage Act was enacted to restrict the participation of foreign vessels in the Nigerian Coastal […]

There is currently a bill before the National Assembly for the amendment of the Arbitration and Conciliation Act (ACA) 1988. The Arbitration and Conciliation Act (Repeal and Re-enactment) Bill (The Bill) has successfully passed through the Senate and awaits the concurrence of the House of Representatives and the assent of the President to become law. […]

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