The Nigerian economy is attracting significant attention worldwide. Various establishments including rating agencies, investment banks, analysts, foreign and local investors regularly make enquiries on how to set up businesses in Nigeria and the incentives for investment in Nigeria.
So much brouhaha has been created by the recent 2.3MHZ Frequency Spectrum licencing round by the Nigerian Communications Commission ("NCC" or "the Commission"). In capsule, NCC had advertised its planned 2.3MHZ licencing programme on 30 April 2009 and had invited interested persons to indicate their interest.
The topic of this edition, though hardly discussed, is of immense importance to all the key players in a typical ship finance transaction and other third parties involved in a finance transaction with a ship owing company i.e. the mortgagor or borrower in the transaction.
As we become more aware of stock trading as an attractive investment option within an increasingly sophisticated market, so has investors' consciousness been awakened to some unfair practices in stock trading
On 25 June 2007, the Investment and Securities Act No. 29 of 2007 ("the Act") was enacted and took effect from that date following its passage at the National Assembly and assent by the President.
1. Fact file on the Nigerian Ship Registration office 2.The Amaechi Judgement:Eligibility for Elective Offices 3.Staggered Governorship Elections:A Case for Electoral Reform
Company directors play leading roles in the management of companies. Like heads of governments, directors are responsible for the direction, conduct and superintendence of company affairs.
On 25 October, the Supreme Court heard the Appeals in the case of Amaechi V Independent National Electoral Commisson and 2 others and summarily gave its judgment ("the Amaechi Judgment") allowing the Appeal while reserving its reasons for 18 January 2008.
In the Dying weeks of 2007, PUC sucessfully concluded a bank liquidation matter on behalf of Nigerian Deposit Insurance Company ("NDIC" or the "Corporation") which brought to the fore the recently introduced improvements in the Nigerian Deposit Insurance Corporation Act No. 16 of 2006...
On August 14 2007, the Central Bank of Nigeria (CBN) announced a Strategic Agenda for the Naira, which, it was planned, would involve a re-denomination of the Naira effective August 1, 2008.
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