CategoriesLaw Legal

Enhancing Transparency And Accountability In The Extractive Industries: A Review Of The Eiti Standards 2023

INTRODUCTION Axiomatically, some countries with humongous levels of energy resources are bedevilled with an excruciating level of poverty, energy deficit problems, deteriorating environment, and corruption to the extent that researchers have termed them as resource-cursed. Academics, political analysts, legal scholars and international institutions have established that the publication of adequate information on how extractive resources […]

CategoriesLaw Legal

 Nigeria Data Protection Commission (Ndpc) Compliance Audit Returns (“Cars”) Alert

The Nigeria Data Protection Commission (NDPC) in November 2023, published a Guidance Notice concerning annual Data Protection Compliance Audit Returns. The filing of Annual Data Protection Compliance Audit Returns is an obligation for data controllers and processors under the Nigeria Data Protection Regulation 2019, and the enactment of the Nigeria Data Protection Act 2023 brought […]

CategoriesLaw Legal

Cross Border Data Transfer: Navigating Compliance Under Nigeria’s Data Protecting Act 2023.

It is without peradventure that the nature of technology use has occasioned a near borderless global society as personal data flows in trillions of bytes across borders. The recently enacted Nigeria Data Protection Act (the Act) 2023, occasioned a modification of the data privacy and protection landscape in Nigeria, and notable among the innovations of […]

CategoriesLaw Legal

Non-Fungible Tokens (NFTs) And Trademark Infringement: Real-World IP Rights in the Virtual Space: Art, Technology, and the Law?

From the Bored Apes collection to Jack Dorsey’s auctioned Non-Fungible Tokens (NFT) of his first-ever tweet, “just setting up my twttr”, which sold for over US$2.9 million, the creation and sale of NFTs is one that took the world by storm, generating millions for its owners, and establishing a whole new branch of blockchain exchange; […]

CategoriesLegal

CBN calls for Expression of Interest to participate in its Regulatory Sandbox

In furtherance of the CBN’s objective to deepen financial inclusion in Nigeria, the apex financial regulator has invited innovators to submit their expression of interest to participate in its Regulatory Sandbox (the “Sandbox”) in accordance with its Framework for Regulatory Sandbox Operations before the 1st of February 2023. Application is via the link https://sandbox.cbn.gov.ng/ The […]

CategoriesLegal

Highlight of the Nigeria Start-up Act, 2022

*Samuel Ngwu, CIPP/E INTRODUCTION: On Thursday 19th of October, 2022, President Muhammadu Buhari signed the Nigeria Startup Bill into law, thus bringing Nigeria in the list of African countries with Startup laws. The Nigerian Startup Act, 2022 (the Act) defines the nature of startups in Nigeria, their scope, operations, incentives and limitations to attract foreign investors […]

CategoriesLegal

Between The National Information Technology Development Agency (NITDA) Public Advisory and Whatsapp Privacy Policy

On January 4, 2021, WhatsApp Messenger (“WhatsApp” or the “Company”), a cross-platform instant messaging application that allows smartphone users to exchange text, image, video and audio messages for free issued an update to its current privacy policy (the “Policy”) of July 20, 2020, to come into effect on February 8, 2021. The highlight of the Policy noted that […]

CategoriesLegal

Notice of Company Meetings under Nigerian Law

By the provisions of the Companies and Allied Matters Act 2020 (CAMA), the notice required for the calling of a company meeting (general meeting), either an Annual General Meeting or an Extraordinary General Meeting, is to be given to all persons who are entitled to attend such meeting. Persons entitled to the notice of a company […]