Blockchain And Digital Finance: Regulatory Issues And Possibilities
By; Oghenero Ewherido INTRODUCTION Over a decade ago, Satoshi Nakamoto, the unknown person or group behind bitcoin described how blockchain technology could be used to solve the double-spending problem. Over a decade later and blockchain is now completely changing the ways we think about and use digital currencies. From the widespread acceptance and use of
Read MoreRobot Rights: The Legal Impacts Of Artificial Intelligence
By; Oghenero Ewherido INTRODUCTION Artificial intelligence (AI) is increasingly being used by lawyers in modern day practice to increase the efficiency and accuracy of the services they render. Although AI offers numerous ground-breaking advantages, it is important to also consider the wider effects it has on various industries. The increasing use of AI in legal
Read MoreFundraising Considerations For Startup Founders
By; Oghenero Ewherido INTRODUCTION Raising money is essential for the growth and success of startups, however, this process can be challenging especially for startup founders who are unfamiliar with the process. One way startups raise money is through venture financing, so startup founders must understand the basic concepts involved in venture financing. Financing is usually
Read MorePartnerships In Nigeria – Guidelines For Registration
By; Oghenero Ewherido INTRODUCTION A partnership is a legally binding agreement between two or more persons with the intention to manage and operate a business and share profits. General partnerships, limited partnerships, and limited liability partnerships are the types of partnerships recognised under Companies and Allied Matters Act (CAMA) 2020. The establishment of Limited Partnerships
Read MoreThe Case For Central Bank Digital Currencies (CBDCs)
By; Oghenero Ewherindo INTRODUCTION A new chapter in the history of money has begun. Countries are seeking to preserve fundamental parts of their existing monetary system while experimenting with new digital forms of money. So, there is a struggle for the financial system going on right now, and new technology is set to revolutionise the
Read MoreAnti-Money Laundering And Compliance Process In International Trade
by; Oghenero Ewherindo & Theophilus Ifeoluwa Aigbogun INTRODUCTION Trade-based money laundering is becoming a greater issue as criminal organizations take advantage of activities that appear to be legal to launder money and fuel terrorism. Trade-based money laundering is ranked as the second-most worrisome criminal type, behind bribery and corruption, in the State of Financial Crime
Read MoreThe Nigeria Startup Act: A Leap In The Nigerian Technology Ecosystem
by; Marcus-Okoko & Co INTRODUCTION. As a means of deepening the technology ecosystem in Nigeria, and providing a regulatory framework for the existence, development, and activities of Startup companies in Nigeria, the Nigeria Startup Bill was passed on the 19th of October, 2022 into law. The Nigeria Startup Act (“the Act”) is intended to revamp
Read MoreA Brief Overview Of The Law And Development Of Gas In Nigeria.
by; Ayakpo Marlon & Oghenero Ewherido TABLE OF CONTENT “Natural gas is an important part of delivering energy, whether you’re producing power or other solutions for customers.” Lynn Good, CEO:Duke Energy INTRODUCTION Nigeria joined the league of oil and gas-producing countries in 1956 after oil was discovered in commercial quantity in the present-day Oloibiri in
Read MoreENHANCING LOCAL EMPOWERMENT: A DEEP DIVE INTO THE NIGERIAN OIL AND GAS INDUSTRY CONTENT DEVELOPMENT ACT – BID EVALUATION AND CONTRACTS PERSPECTIVE
By ; Ayakpo Marlon Abstract: The Nigerian Oil and Gas Industry Content Development Act, No.2 of 2010, (“NOGICD Act” or “Local Content Act” or “Act”) has catalysed a seismic shift in Nigeria’s oil and gas sector, instigating profound changes in bid evaluation processes and contract engagements. This article explores the Act’s pivotal role in reshaping bid
Read MoreTHE NIGERIAN PETROLEUM INDUSTRY: HYDROCARBON TAXATION IN NIGERIA
By; Marlon Ayakpo “A century ago, petroleum – what we call oil – was just an obscure commodity; today it is almost as vital to human existence as water.” James Buchan The Nigerian petroleum industry stands as a vital cornerstone of the country’s economy, holding significant influence both domestically and globally. It is an industry
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