The problem with the Nigerian system remains the fact that merger control is not really viewed, as it should, from the prism of antitrust or competition protection, but more from the prism of securities regulation.  SEC is not an antitrust body but a securities regulator.  Can the SEC effectively be both a securities regulator and… Continue reading Sanctions and Remedies under Nigeria’s merger control regime – Dr. Nnamdi Dimgba

A recent decision of the UK Supreme Court on the construction of the expression “property which is for the time being in use or intended for use for commercial purposes” per s. 13(4) of the UK State Immunity Act 1978 is helpful in determining the approach of the English courts in determining whether state property… Continue reading State Immunity: Enforcement Measures Against State Property Abroad – The “Commercial Activity” Exception

This article continues the discussion on ‘board independence’ and seeks to demonstrate that while the presence of some directors whose role is to ensure that the board acts independently is welcome, the responsibility for board independence is more far-reaching and encompassing than having ‘independent directors’ in the boardroom.  This topic and many more are covered… Continue reading Beyond “Independent Directors” to Board Independence (Part 2)

There is need to separate the office of the Attorney-General from the political office of the Minister of Justice and to create a separate, secured and autonomous status under the Constitution where the Attorney General can exercise his power free of political consideration.   This topic and many more are covered in the ‘Spring 2013’  Law… Continue reading Separation of the role of the Attorney General from the political office of the Minister of Justice – Lekan Oladapo- Lekan Oladapo & Co, Abuja

The framework for Islamic banking in Nigeria is effectively in place and ready for it to grow.  As far back as 1991, the Nigerian government enacted the Banks and Other Financial Institutions Decree.  The Decree recpgnised “specialised” banks such as Islamic banks. Furthermore, the Central Bank of Nigeria has become a full council member of… Continue reading An insight into Islamic Finance – Sohail Ali – DLA Piper UK LLP

The Central Bank of Nigeria (the “CBN” or “Bank”) faces a review of its governance structure, a move that could adversely affect its present autonomy and independence. During 2012, the National Assembly has seen the introduction of two bills intended to amend the management and powers of the CBN

Being able to advertise and market your business to gain new clients for the vast majority of businesses is a given. To those not in the legal profession, and quite possibly to some within the legal profession, the contents of Rule 33 of the Rules of Professional Conduct governing Nigerian lawyers restricting these activities would… Continue reading Social Media for Lawyers – Andrea Opoku*

Insurance business is arguably the most risk prone business in the market place, since insurers are in the business of underwriting the business risks of others. In the oil and gas insurance business, the stakes as well as the rewards are much higher. Considering that a single loss in the oil and gas industry is… Continue reading Placement of Oil and Gas Insurance Risk Locally – Is the Industry Ready? – Aaron Agada

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With in depth coverage of the legal profession, personalities and legal debates all presented in a well designed attractive package, Law Digest is the standard by which other legal magazines are judged. Law Digest features intelligent articles by respected columnists giving practical advice on issues affecting the professions and professionals at all levels to advance their… Continue reading Subscription FAQ