Detail Solicitors | Jul 1, 2015 | Newsletters
INTRODUCTION The development of Secondary Mortgage Markets (SMMs) is becoming an increasingly important objective of global economies. While mortgage loans are originated in the Primary Mortgage Markets (PMMs) and involve raising capital through the use of property as... Detail Solicitors | Jun 1, 2015 | Newsletters
Demutualization of securities exchanges has become a global trend with 55 Securities Exchanges in the world currently demutualized. The Stockholm Exchange was the first to undergo this transition in 1993, forging a path followed by many other exchanges including the... Detail Solicitors | Apr 9, 2015 | Newsletters
INTRODUCTION The Department of Petroleum Resources (DPR) recently circulated “Guidelines and Procedures for Obtaining Minister’s Consent to the Assignment of Interest in Oil and Gas Assets” (Guidelines) to establish the procedure for obtaining consent of the... Detail Solicitors | Apr 1, 2015 | Newsletters
As part of efforts to stimulate job creation, economic growth and productivity, the Central Bank of Nigeria (the CBN) recently established a N300 billion Real Sector Support Facility (the Facility). The Facility will provide access to loans of up to N 10 billion to... Detail Solicitors | Feb 20, 2015 | Newsletters
1. INTRODUCTION In November 2014, in the midst of falling crude oil prices, the Central Bank of Nigeria (CBN) devalued the naira from N155 per US dollar to N168.[1] Since then the interbank rate at which banks trade has fluctuated between N188 to N206 per... Detail Solicitors | Jan 30, 2015 | Newsletters
1. Introduction For acquisitions in Nigeria, a key issue that resonates particularly in providing sufficient comfort to lenders in financing acquisitions is the concern of Financial Assistance. Nigerian law prohibits taking of security over the assets of a...