Olaniwun Ajayi LP

August 18, 2022

MEET OUR NEW PARTNERS

We at Olaniwun Ajayi LP are thrilled to announce the admissions of Chukwuemeka Osuji, Folake Alabi and Abisola Odeinde into the partnership of the Firm.

...

August 16, 2022

OALP’s Analysis of NERC’s Order on Regulatory Net-offs 2022 and its potential impact on the finances of DisCos and the Nigerian Electricity Supply Industry

On 1 July 2022, the Nigerian Electricity Regulatory Commission (NERC) issued the Order on Regulatory Net-offs 2022 (Net-off Order) for the Nigerian Electricity Supply Industry (NESI). This is NERC’s first...

July 25, 2022

NNPC Limited: Understanding the Hybrid Identity of Nigeria’s National Oil Company

With the unveiling of NNPC Limited, one of the burning questions has been on its identity, in light of its incorporation as a limited liability company and the requirement of...

July 20, 2022

OLANIWUN AJAYI ACTING AS TRANSACTION ADVISER ON THE LANDMARK TRANSITIONING OF THE NIGERIAN NATIONAL PETROLEUM CORPORATION TO NNPC LIMITED

Olaniwun Ajayi LP (Olaniwun Ajayi) is pleased to have advised on the landmark transitioning of the Nigerian National Petroleum Corporation (the Corporation), Africa’s largest national oil corporation, to the Nigerian...

June 7, 2022

Money Laundering Prevention and Prohibition Act 2022: Enhanced Anti Money Laundering Regime in Nigeria

The passage of the Money Laundering (Prevention and Prohibition) Act, 2022 – which repealed the Money Laundering (Prohibition) Act, No. 11, 2011 – has introduced significant changes to the legal...

May 23, 2022

Newsletter on the New SEC Rules on Issuance, Offering Platforms and Custody of Digital Assets

In April 2022, the Securities and Exchange Commission (the SEC) released its Proposed Rules on the Registration of Virtual Asset Service Providers and the Proposed Rules on the Issuance, Offering...

May 13, 2022

FIRS PUBLIC NOTICE ON CERTIFICATE OF FIXED ASSET ACCEPTANCE AS A PRECONDITION FOR THE CLAIM OF CAPITAL ALLOWANCE

The FIRS in a recent public notice requested that all companies submit their Certificates of Fixed Assets Acceptance (CAFA) on Qualifying Capital Expenditures (QCEs) for capital allowances enjoyed between 2016...

May 12, 2022

Newsletter on SEC Proposed Rules on Issuance, Offering Platforms and Custody of Digital Assets

The Securities and Exchange Commission (SEC) has recently issued its Proposed Rules on Issuance, Offering Platform and Custody of Digital Assets (the Proposed Rules). This is following the SEC’s press...

April 22, 2022

OALP Legislative Tracker: March 2022 Lookback Review

We remain committed to keeping you informed of germane legislative activities via our legislative tracker series. We are excited about this March edition which wraps up an enlightening first quarter...

April 21, 2022

SUPREME COURT REITERATES THAT WHERE A PARTY ADMITS LIABILITY AND FAILS TO PAY, THERE IS NO DISPUTE TO BE REFERRED TO ARBITRATION

Our newsletter examines the Supreme Court’s decision in Sakamori Construction (Nig) Ltd v. Lagos State Water Corporation [2021] LPELR-56606(SC). The apex Court held that the dispute which parties to an...

August 18, 2022

MEET OUR NEW PARTNERS

We at Olaniwun Ajayi LP are thrilled to announce the admissions of Chukwuemeka Osuji, Folake Alabi and Abisola Odeinde into the partnership of the Firm.

...

August 16, 2022

OALP’s Analysis of NERC’s Order on Regulatory Net-offs 2022 and its potential impact on the finances of DisCos and the Nigerian Electricity Supply Industry

On 1 July 2022, the Nigerian Electricity Regulatory Commission (NERC) issued the Order on Regulatory Net-offs 2022 (Net-off Order) for the Nigerian Electricity Supply Industry (NESI). This is NERC’s first...

July 25, 2022

NNPC Limited: Understanding the Hybrid Identity of Nigeria’s National Oil Company

With the unveiling of NNPC Limited, one of the burning questions has been on its identity, in light of its incorporation as a limited liability company and the requirement of...

July 20, 2022

OLANIWUN AJAYI ACTING AS TRANSACTION ADVISER ON THE LANDMARK TRANSITIONING OF THE NIGERIAN NATIONAL PETROLEUM CORPORATION TO NNPC LIMITED

Olaniwun Ajayi LP (Olaniwun Ajayi) is pleased to have advised on the landmark transitioning of the Nigerian National Petroleum Corporation (the Corporation), Africa’s largest national oil corporation, to the Nigerian...

June 7, 2022

Money Laundering Prevention and Prohibition Act 2022: Enhanced Anti Money Laundering Regime in Nigeria

The passage of the Money Laundering (Prevention and Prohibition) Act, 2022 – which repealed the Money Laundering (Prohibition) Act, No. 11, 2011 – has introduced significant changes to the legal...

May 23, 2022

Newsletter on the New SEC Rules on Issuance, Offering Platforms and Custody of Digital Assets

In April 2022, the Securities and Exchange Commission (the SEC) released its Proposed Rules on the Registration of Virtual Asset Service Providers and the Proposed Rules on the Issuance, Offering...

May 13, 2022

FIRS PUBLIC NOTICE ON CERTIFICATE OF FIXED ASSET ACCEPTANCE AS A PRECONDITION FOR THE CLAIM OF CAPITAL ALLOWANCE

The FIRS in a recent public notice requested that all companies submit their Certificates of Fixed Assets Acceptance (CAFA) on Qualifying Capital Expenditures (QCEs) for capital allowances enjoyed between 2016...

May 12, 2022

Newsletter on SEC Proposed Rules on Issuance, Offering Platforms and Custody of Digital Assets

The Securities and Exchange Commission (SEC) has recently issued its Proposed Rules on Issuance, Offering Platform and Custody of Digital Assets (the Proposed Rules). This is following the SEC’s press...

April 22, 2022

OALP Legislative Tracker: March 2022 Lookback Review

We remain committed to keeping you informed of germane legislative activities via our legislative tracker series. We are excited about this March edition which wraps up an enlightening first quarter...

April 21, 2022

SUPREME COURT REITERATES THAT WHERE A PARTY ADMITS LIABILITY AND FAILS TO PAY, THERE IS NO DISPUTE TO BE REFERRED TO ARBITRATION

Our newsletter examines the Supreme Court’s decision in Sakamori Construction (Nig) Ltd v. Lagos State Water Corporation [2021] LPELR-56606(SC). The apex Court held that the dispute which parties to an...