For a long time, the starting point in arbitration was simple, if a contract was not executed by you, you were not bound by the clause that sent the arising dispute to arbitration. The Supreme Court in EMTS Limited v. Afdin Ventures Limited & Ors [2026] LPELR-83327 (SC), recently departed from this established principle. …
Clikck here to download -> NIGERIA ELECTRICITY- TARIFF REVIEW UPDATE NIGERIA ELECTRICITY– TARIFF REVIEW UPDATE Introduction: The Nigerian Electricity Regulatory Commission is responsible for the regulation and determination of electricity tariff in the Nigeria Electricity Supply Industry. One of the primary functions of the Commission as contained in Section 32 (d) of the Electric Power …
Technology has played a dual role in the expansion of counterfeiting and in the development of strategies to combat it. On the one hand, it has made it easier for counterfeiters to produce and distribute fake products. The widespread availability of high-quality printers, scanners, and other tools has made it possible for counterfeiters to create …
Introduction In general parlance, there is an interplay among intellectual property, international trade, international human rights, innovation, and access to essential medicines. Key stakeholders and countries around the world have contributed keenly to this discourse with emerging national, regional and international policies to regulate the interplay. The discussion becomes pertinent due to the public …
Introduction: Energy transition encompasses a movement from the use of fossil fuel such as coal, crude oil and natural gas in our energy supply system to a system based on energy generated from renewable sources such as solar, wind and geothermal energy. Fossil energy sources are limited and usually reserve based. In addition, in …
The month of March is women’s history month for the celebration of the International Women’s Day which is celebrated annually on March 8. The day presents an opportunity to reflect on the progress made to call for change, accelerate gender parity and celebrate acts of courage and the strides taken to elevate the position …
INTRODUCTION The fusion of financial institutions and technology (fintech) is unarguably the next big trending industry globally. Fintechs in Nigeria are not left out. According to a census carried out by EY the total amount of fintenchs in Nigeria’s fintech landscape is 290.[1] Examples of Nigerian fintechs include the likes of Interswitch, Piggyvest, …
COMPANIES AND ALLLIED MATTERS ACT 2020 and Startups
There has been much ado about implementing a cost reflective tariff especially in recent times by key sector participants: Generating Companies (GenCos), Transmission Company of Nigeria (TCN) and the Distribution Companies (DisCos). On March 31, 2020, the Nigerian Electricity Regulatory Commission (NERC) issued an order titled NERC Order No: NERC/198/2020 – Order on the Transition …
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