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... Detail Solicitors | Dec 30, 2014 | Newsletters
A. Introduction One of the objectives of the electricity sector reform, which commenced in 2001, is to create efficient market structures, within clear regulatory frameworks, that encourage competitive markets for electricity generation and trading. In line with... Detail Solicitors | Dec 3, 2014 | Newsletters
BACKGROUND In most jurisdictions across the globe, the creation of security interests in moveable properties are nearly or just as common and acceptable as real property especially amongst individuals and small businesses given that such security interests are more... Detail Solicitors | Nov 5, 2014 | Newsletters
1. INTRODUCTION Strata title is a hybrid property ownership scheme that combines individual and communal interest in land and improvements thereon in a clearly severable manner. It takes the form of land and buildings subdivided into units/lots which are held...