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Aluko Oyebode Resources

Publications

Intellectual Property Newsletter | First Issue 2017

Following the success of the INTA first regional meeting in Africa titled “Building Africa with Brands”, held in Cape Town, South Africa, INTA has introduced the Roundtable (usually hosted in U.S cities) to Africa for the first time. The Africa roundtable committee members were drawn from Nigeria, South Africa and Kenya. The members are Uche Nwokocha (chair), Simon Brown, Afam Nwokedi, Lara Kayode, and John Syekei.

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Aluko & Oyebode Partner, Ayodeji Oyetunde and Associate, Lotanna Nwodo author the Nigeria Chapter of the Director’s Liability: A Worldwide Review Third Edition

The Companies and Allied Matters Act1 is the basic law that regulates the legal existence and operation of all companies in Nigeria. However, there are other laws which apply to companies depending on whether they are private or public companies; 

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A Critical Analysis of the National Code of Corporate Governance for the Private Sector in Nigeria (2016)

The Financial Reporting Council (“FRCN”) of Nigeria on the 17th of October 2016 issued a three-in-one National Code of Corporate Governance (“NCCG”), which seeks to provide regulations on corporate governance as it relates to, public and private companies registered under Nigerian law as well as Nigerian public entities.

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Boosting Local Exports in Nigeria

Since the discovery of petroleum in Nigeria in 1956 at Oloibiri in the Niger Delta region of the country, the Nigerian Government has invested extensively in the oil and gas sector leading to the country’s dependence on the proceeds of petroleum exports, which account for about 90% of its gross earnings. 

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An Analysis of the Effective Means Standard as an Alternative to Securing Enforcement of Arbitral Awards in Nigeria

The effective means standard defined in the cases of Chevron Corporation and Texaco Petroleum Company v The Republic of Ecuador (‘Chevron’) and White Industries Australia Limited v Republic of India (‘White Industries’ )is increasingly relied upon by investors encountering inordinate delays and disconcerting confusion in the judicial system of a host state.

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Aluko & Oyebode Partner, Mark Mordi and Senior Associate, Ngo-Martins Okonmah author the Nigeria Chapter of The Intellectual Property Review, 5th Edition

Nigeria offers protection for a range of intellectual property rights including copyrights, trademarks, patents and designs. Being largely an importer of technology and finished products, trademark rights remains the most significant...

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Developing Nigeria’s Renewable Energy Sector

Nigeria is Africa’s most populous nation with a population of over 170 million people. Of these, it is estimated that less than 50% currently have access to electricity supply. Where access to electricity is available, a full day of uninterrupted electricity is not guaranteed.

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Regulatory Update - August 2015

As part of its ongoing attempts at stabilizing the value of the Naira as against other foreign currencies, the Central Bank of Nigeria (CBN) issued a circular to all Nigerian banks on the 4th of August 2015, prohibiting Nigerian banks from granting foreign currency loans to customers who solely generate Naira denominated revenues from their businesses.

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National Industrial Court of Nigeria Alternative Dispute Resolutions Centre Rules and Centre Instruments 2015

On 7th April, 2015, the President of the National Industrial Court of Nigeria (‘NIC’) made 2 (two) subsidiary instruments with commencement dates of 6th April, 2015,

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IP NEWSLETTER - MAY 2015

We are happy to come back to our readers with an update on current happenings in our jurisdiction, firstly, our brand new government.

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ARE LEGAL PRACTITIONERS OBLIGED TO COMPLY WITH THE MONEY LAUNDERING (PROHIBITION) ACT 2011?

In a bid to install and improve on an anti-money laundering regime in Nigeria and fight the financing of terrorism, the Money Laundering (Prohibition) Act 2011 (“the 2011 Act”) was enacted.

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NIGERIAN MERGERS AND ACQUISITIONS IN 2014 AND THE OUTLOOK FOR 2015

In 2014, a significant level of mergers and acquisitions (“M&A”) was recorded in various sectors of the Nigerian economy. The sectors included banking, oil and gas, food and beverages, power, insurance and manufacturing.

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IP Newsletter - February 2015

We bring to you the first edition of our bi-monthly publication for 2015. What appeared from the on-set to be a busy year has since waned as a result of the uncertainty with Nigeria’s general election.

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TAX APPEAL TRIBUNAL ISSUES LANDMARK DECISION ON COMPUTATION OF BALANCING CHARGES

In two consolidated appeals argued by a team from Aluko & Oyebode led by Chukwuka Ikwuazom, a tax partner in the firm, the Tax Appeal Tribunal (the “Tribunal”) on 12 February 2015 set aside assessments of additional Petroleum Profits Tax (PPT) and Education Tax (EDT) in the cumulative sum of US$166.1 Million which had been issued by the Federal Inland Revenue Service (“FIRS) on an international oil company (the “Appellant”)  on the alleged basis that the Appellant wrongly calculated the balancing charge due on the disposal of its undivided participating interests in certain oil mining leases (“OMLs”).

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HOW SUSTAINABLE IS THE EFFECT OF NIGERIA’S GDP REBASING?

It is no doubt that the rebasing of a country’s Gross Domestic Product (GDP) firms up its position, as it helps improve the country’s economic profile amongst foreign portfolio investors and foreign direct investors.

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The International Comparitive Legal Guide to : Securitisation 2006

Under the common law as applicable in Nigeria, parties to a contract are free to determine the law that will govern their contractual obligations. Such choice must be bona fide and legal and there must not be any reason to avoid the choice on the ground of public policy. Even where the seller and the debtor are resident within Nigeria and the transaction that gives rise to the receivables and the payment of the receivables takes place in Nigeria, the foregoing principle will apply. However, the mandatory provisions of Nigerian law would continue to apply to the contract.

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An Overview of the Petroleum Industry Bill

The Petroleum Industry Bill (the “PIB” or the “Bill”) is perhaps the most talked about piece of legislation in Nigeria ever, given the far reaching reforms which it proposes to an industry which is the single most significant contributor to the national economy. Originally introduced in December 2008, the Bill has undergone numerous revisions and has been the subject of intense debate from stakeholders.

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An Overview of the Petroleum Industry Bill

The Petroleum Industry Bill (the “PIB” or the “Bill”) is perhaps the most talked about piece of legislation in Nigeria ever, given the far reaching reforms which it proposes to an industry which is the single most significant contributor to the national economy. Originally introduced in December 2008, the Bill has undergone numerous revisions and has been the subject of intense debate from stakeholders.

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NAILS JOURNAL OF INTELLECTUAL PROPERTY (NJIP)

A Trademark is a major platform or format by which product owners project into streams of commerce, goods and services.

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Who's Who Legal Briefing

Aluko & Oyebode achieves 18 listings across the following nine section of its practice in the recent release of the Who’s Who Legal Awards.

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Getting the Deal Through - Public Procurement 2010

Reproduced with permission from Law Business Research. This article was first published in Getting the Deal Through - Public Procurement 2010 (published in April 2010; Contributing Editor Hans-Joachim Prieß, Freshfields Bruckhaus Deringer). For further information please visit www.GettingTheDealThrough.com

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The International Comparative Legal Guide to: Public Procurement 2009

This article appeared in the 1st edition of The International Comparative Legal Guide to: Public Procurement; published by Global Legal Group Ltd, London (www.iclg.co.uk) authored by Gbenga Oyebode and Olubunmi Fayokun

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Getting the Deal Through - Public Procurement 2008

Reproduced with permission from Law Business Research. This article was first published in Getting the Deal Through – Public Procurement 2008, (published in May 2008 - contributing editor: Hans-Joachim Prieâ). For further information please visit www.gettingthedealthrough.com

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Amended Uniform State Arbitration and Conciliation Bill

PROPOSED UNIFORM STATE ARBITRATION AND CONCILIATION BILL. ARRANGEMENT OF SECTIONS. PART 1

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Amended Report

Amended report from the National Committee on the Reform and Harmonisation of Arbitration and ADR Laws in Nigeria

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Acknowledgement

Acknowledgements from the members of the National Committee on the Reform of Nigeria's Arbitration and ADR Laws

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The International Comparative Legal Guide to: Gas Regulation 2007

This article appeared in the 2007 edition of The International Comparative Legal Guide to: Gas Regulation; published and reproduced with kind permission by Global Legal Group Ltd, London and authored by Gbenga Oyebode and Kofo Dosekun

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The International Comparative Legal Guide to: PFI / PPP Projects 2007

"This article first appeared in the 2007 edition of The International Comparative Legal Guide to: PFI / PPP Projects; published by Global Legal Group Ltd, London (www.iclg.co.uk) authored by Gbenga Oyebode and Oghogho Makinde"

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The International Comparative Legal Guide to: International Arbitration 2006

This article appeared in the 2006 edition of The International Comparative Legal Guide to: Intnl Arbitration 2006 ; published and reproduced with kind permission by Global Legal Group Ltd, London and was authored by Babatunde J Fagbohunlu and Mark Mordi

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The International Comparative Legal Guide to: Gas Regulation 2006 (Nigeria).

This article appeared in the 2006 edition of The International Comparative Legal Guide to: Gas Regulation; published and reproduced with kind permission by Global Legal Group Ltd, London

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The International Comparitive Legal Guide to: Environmental Law 2006

This article appeared in the 2006 edition of The International Comparative Legal Guide to: Environmental Law 2006 ; published and reproduced with kind permission by Global Legal Group Ltd, London and was authored by Oghogho Makinde, Bukola Ayanbule

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National Committee on the Reform and Harmonisation of Nigeria's Arbitration and ADR Laws

By: Babatunde Fagbohunlu

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NCC Declarations..

By: NCC

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Doing Business in 2005 - Removing Obstacles to Growth

A co-publication of the World Bank, the International Finance Corporation and Oxford University Press. Aluko & Oyebode was involved in providing information towards the publication.

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Shipping Review July 2004 Vol 2 No1

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The Effect of Jurisdiction and Arbitration Clauses on the Enforcement of Maritime Claims

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THE REWARDS AND CHALLENGES OF INVESTING IN TELECOMS IN DEVELOPING COUNTRIES : NIGERIA IN FOCUS

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