16Sep/20

The Infamous Sovereignty Clause and Incidental Matters

A full-blown media and Twitter hysteria erupted in Nigeria over reports that a member of the House of Representatives discovered a clause in a Chinese loan contract that supposedly puts the country’s sovereignty at risk in the event of default.The contract in question was a 2018 loan for $400 million from the China Exim Bank to build Nigeria National Information and Communication Technology (ICT) Infrastructure Backbone Phase II Project.

27Aug/20

Mareva Injunctions : What Are They & How Do They Affect Your Investments ?

Recently, In the wake of an alleged plan to exit Nigeria, the Federal High Court in Lagos has made an order of mareva injunction barring Shoprite Checkers (PTY) Limited from transferring its assets out of jurisdiction over a $10m judgment debt

18Aug/20

Dear Founder, Are You Holding on to the Reins Too Tightly?

Increasing the workforce means more salaries, entitlements to pay; building new structures, market entry strategies, marketing, ever-evolving economic policies and all the financing that goes into those. Do you grow organically (this may require a lot of time and there is the risk of losing the growing attention you are looking to capitalize on) or inorganically by relinquishing some part of your stakes to provide potential investors/partners an incentive to fund the next phase of growth?Would you take debt financing and shoulder the burden of repaying the loan and double-digit interest rates or would you make a call for franchisees to replicate your model?

24Jun/20
Donoghue v. Stevenson

How Grand-Aunt D’ Helped Develop A Whole New Movement

“The rule that you are to love your neighbour becomes in law, you must not injure your neighbour; and the lawyer’s question, Who is my neighbour? receives a restricted reply. You must take reasonable care to avoid acts or omissions which you can reasonably foresee would be likely to injure your neighbour.

15Jun/20

Quicquid Plantatur Solo Solo Cedit

‘Caecilius est in villa!’ I’ll pompously declare and the accompanying screams only made me continue. Little did they know that I was only reading out the sentences of a comprehension passage learnt in class and that in those moments, I held the book right in my hands while pretending to be making a speech. One day, one of my sisters called and told me that she had invited her friends over from school to listen to her brilliant sister who was soon going to be a lawyer speak Latin. And yet again, chest puffed, book in hand, I declared loudly ‘Caecilius est in villa!’

Perhaps today she will discover that my famous entry line only meant ‘Caecilius is in the house’

07Jun/20

Foreign Participation in Nigeria’s Capital Market Scene

There are 2 modes of participation an alien might decide to explore when considering an entry into the Nigerian Investment scene. Foreign Investors can participate in the Nigerian market either by :Read More…