The Central Bank of Nigeria Policy on Cash Withdrawal Limits Vis -a-Vis Its Role to Ensure Monetary and Price Stability in Nigeria

The Central Bank of Nigeria Policy on Cash Withdrawal Limits Vis -a-Vis Its Role to Ensure Monetary and Price Stability in Nigeria

By: Margaret Ogbonnah Esq. Introduction The Central Bank of Nigeria (CBN), as part of its statutory obligations, is charged with the responsibility of ensuring Monetary and Price Stability in Nigeria. To effectively carry out this mandate, the CBN from time to time formulates and monitor the effective implementation of monitory policies in order to ensure sanity in the financial system.…

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The Inevitable Role of Due Diligence in a Merger and Acquisition Scheme

The Inevitable Role of Due Diligence in a Merger and Acquisition Scheme

By Jeremiah E. Aneji Esq. MIDRP Introduction Corporate Merger and Acquisition are viable tools of corporate expansion and stability. It has also aided the survival of several businesses by providing the much-needed resources and manpower to weather tough and unpredictable business terrains. For a merger or an acquisition to attain its desired results, several factors are to be put in…

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Securitization and Competition in the Banking Industry in Nigeria: Types of Bank Loans and the Effect of Competition on Banks

Securitization and Competition in the Banking Industry in Nigeria: Types of Bank Loans and the Effect of Competition on Banks

By Omatseyin Fredrick Esq. LL.M Investment Law and Policy. Introduction. Financial institutions require security as collateral before granting loans to borrowers. Securities are collaterals in form of assets or property offered or pledged by individuals or corporate entities for the issuance of a loan from a bank and when the borrower fails to repay the loan, the bank can take…

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The New Legal Regime, Innovations and Incentives for Strategic Investment in the Mining Sector in Nigeria

The New Legal Regime, Innovations and Incentives for Strategic Investment in the Mining Sector in Nigeria

By Uroko Luke Agada Esq. FIPMA, Notary Pubic   INTRODUCTION: The Nigeria mining sector continues to draw increasing investor interests, particularly foreign, resulting from its evident role as a viable alternative to the country’s oil-based economy. It therefore becomes imperative to understand the basic legal framework governing the sector.  In doing so, this paper seeks to do a general overview of…

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Competitiveness of the Energy Sector in Nigeria: Decentralized Energy Options a solution to our Energy Crisis.

Competitiveness of the Energy Sector in Nigeria: Decentralized Energy Options a solution to our Energy Crisis.

By Omatseyin Fredrick Esq. The Nigerian energy supply crisis refers to the present failure of the Nigerian power sector to provide adequate electricity supply to meet both domestic and industrial needs sufficient to support a rapidly growing economy like ours. Currently, only 45% of Nigeria’s population is connected to the national grid and due to this reason, a large percentage of…

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Cybercrime In Nigeria: The Implication on our Economy

Cybercrime In Nigeria: The Implication on our Economy

By Margaret Ogbonnah. INTRODUCTION Cybercrimes is an illegal activity carried out over the internet which targets the security of computer systems and the data processed by them. A lot of people in the world, mostly Nigerians have limited knowledge of the crime occurring in cyberspace, known as cybercrime. Cybercrime happens in the world of computers and the Internet. This kind of crime has a…

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Indirect Liabilities or The Doctrine of Respondeat Superior; Why Should I Care About It?

Indirect Liabilities or The Doctrine of Respondeat Superior; Why Should I Care About It?

By Uroko L. Agada Esq., FIPMA, NOTARY PUBLIC INTRODUCTION The doctrine of Respondeat Superior is a fixative responsibility doctrine. It fixes the responsibility of a fault or damage on another due to the special relationship that exist between them or that the parties maintain, like employer/employee, parent/child, husband/wife and so on. It is used interchangeably with vicarious liability and for the purpose of this…

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Merger & Acquisition: A Multi -Dimensional Leverage For Corporate Expansion

Merger & Acquisition: A Multi -Dimensional Leverage For Corporate Expansion

By Jeremiah E. Aneji Introduction Merger & Acquisition describes businesses’ strategies to give them a competitive edge over rivals, increasing the prospects for multidimensional expansions as far as state antitrust laws will allow.¹ It is that part of corporate reengineering that focuses on the buying, selling and consolidation of companies². It is a veritable source of business expansion in any thriving economy and…

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An Analysis Of The Consumers’ Rights Under The New Regime: Know Your Right As A Consumer (Part 2

An Analysis Of The Consumers’ Rights Under The New Regime: Know Your Right As A Consumer (Part 2

By Michael K. Bielonwu Esq. MCIArb, FIDR Agada, U. Luke Esq. FIPMA, Notary Public Omatseyin, O. Fredrick Esq (LLM), MSCGN, MCILRM Jeremiah E. Aneji Esq. MIDR Margaret E. Ogbonnah 1.0 INTRODUCTION The campaign for consumer rights in Nigeria has become imperative. This is so because Nigerian consumers have suffered a great deal at the hands of Vendors, Suppliers, and Service…

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