Olaniwun Ajayi LP

July 19, 2019

The Competition Law Knowledge Exchange at Olaniwun Ajayi LP

In the wake of the enactment of the Federal Competition and Consumer Protection Act (FCCPA), Olaniwun Ajayi LP on Thursday, the 11th of July 2019 hosted a Competition Law Knowledge...

July 12, 2019

National Lottery (Amendment) Act 2017- Special Tax Regime for Lottery Companies

BACKGROUND The National Assembly of the Federal Republic of Nigeria in 2017 passed the National Lottery Amendment Bill (the Bill) for the amendment of the National Lottery Act 2005 into...

June 17, 2019

Value Added Tax Exemption on Commissions from Stock Exchange Transactions Soon to Cease

The Value Added Tax (“VAT”) exemption currently enjoyed on commissions (a) earned on the traded value of shares; (b) payable to the Securities and Exchange Commission; (c) payable to the...

June 12, 2019

Nigerian Port Authority Approves 10% Discount on Harbour Dues at Eastern Ports for Certain Vessels

The Nigerian Port Authority (NPA), in a statement made on 10 June 2019, has approved a 10 per cent discount on harbour dues for specific vessels calling at the ports...

May 23, 2019

Protecting Intellectual Property Rights in a Software: A Jurisdictional Analysis

We conclude our software licensing series with Part D which is focused on ownership and registrability of intellectual property in software. Using the UK, USA and Nigeria as case studies,...

May 23, 2019

Penalties and Interest to Accrue from the Date of Failure to Remit Taxes

The Tax Appeal Tribunal (TAT) on 14 May 2019, delivered a judgement in the case of Shell Nigeria Exploration and Production Company Limited v. Lagos State Internal Revenue Service (LIRS)...

May 7, 2019

Free/Open Source Software Licensing Explained

FOSS is the complete opposite of a Proprietary license. Primarily, the fundamental purpose of a free and open source license is to deny anyone the right to exclusively exploit a...

April 29, 2019

The Federal High Court Awards Damages for Wrongful Arrest of Vessel

In the recent case of Suit No. FHC/L/CS/1800/2017: Domsun Investment & Marine Services Ltd. v. MT GODSHAND & Anor, the Federal High Court, Coram Honourable Justice Faji, of the Lagos...

April 26, 2019

Restricting the Use of Your Software

Part B Software developers, like other creators, ideally, should be able to; exercise full ownership/legal rights over the software they have created, restrict the use of such software. However, this...

July 19, 2019

The Competition Law Knowledge Exchange at Olaniwun Ajayi LP

In the wake of the enactment of the Federal Competition and Consumer Protection Act (FCCPA), Olaniwun Ajayi LP on Thursday, the 11th of July 2019 hosted a Competition Law Knowledge...

July 12, 2019

National Lottery (Amendment) Act 2017- Special Tax Regime for Lottery Companies

BACKGROUND The National Assembly of the Federal Republic of Nigeria in 2017 passed the National Lottery Amendment Bill (the Bill) for the amendment of the National Lottery Act 2005 into...

June 17, 2019

Value Added Tax Exemption on Commissions from Stock Exchange Transactions Soon to Cease

The Value Added Tax (“VAT”) exemption currently enjoyed on commissions (a) earned on the traded value of shares; (b) payable to the Securities and Exchange Commission; (c) payable to the...

June 12, 2019

Nigerian Port Authority Approves 10% Discount on Harbour Dues at Eastern Ports for Certain Vessels

The Nigerian Port Authority (NPA), in a statement made on 10 June 2019, has approved a 10 per cent discount on harbour dues for specific vessels calling at the ports...

May 23, 2019

Protecting Intellectual Property Rights in a Software: A Jurisdictional Analysis

We conclude our software licensing series with Part D which is focused on ownership and registrability of intellectual property in software. Using the UK, USA and Nigeria as case studies,...

May 23, 2019

Penalties and Interest to Accrue from the Date of Failure to Remit Taxes

The Tax Appeal Tribunal (TAT) on 14 May 2019, delivered a judgement in the case of Shell Nigeria Exploration and Production Company Limited v. Lagos State Internal Revenue Service (LIRS)...

May 7, 2019

Free/Open Source Software Licensing Explained

FOSS is the complete opposite of a Proprietary license. Primarily, the fundamental purpose of a free and open source license is to deny anyone the right to exclusively exploit a...

April 29, 2019

The Federal High Court Awards Damages for Wrongful Arrest of Vessel

In the recent case of Suit No. FHC/L/CS/1800/2017: Domsun Investment & Marine Services Ltd. v. MT GODSHAND & Anor, the Federal High Court, Coram Honourable Justice Faji, of the Lagos...

April 26, 2019

Restricting the Use of Your Software

Part B Software developers, like other creators, ideally, should be able to; exercise full ownership/legal rights over the software they have created, restrict the use of such software. However, this...