Insights

Jan 2024 ALN ALERTSNEWS

Lagos, Nigeria – January 2024: Aluko & Oyebode, Nigeria’s leading full-service commercial law firm, has rebranded itself as ALN Nigeria | Aluko & Oyebode, marking a significant milestone on its journey of offering top-tier legal services, pan-African expansion and global prominence. ALN Nigeria | Aluko & Oyebode’s rebranding marks a significant milestone in the Firm’s  …

Read more
Jan 2024 ALN ALERTS

As the African Continental Free Trade Agreement (AfCFTA) advances through various negotiation phases, several stakeholders have introduced operational tools to facilitate its implementation. One of these tools is the Pan-African Payment and Settlement System (PAPSS), which aims to play a key role in unlocking trade with the African Continental Free Trade Area. PAPSS, which hopes …

Read more
Jan 2024 ALN ALERTS

On 5 December 2023, the Nigerian Inter-Bank Settlement System (NIBSS) issued a notice directing all deposit money banks, merchant banks, payment service banks, microfinance banks, mortgage banks, and mobile money operators (MMOs) to delist non-deposit-taking financial institutions (NDFIs) such as switching and processing companies, Payment Solution Service Providers (PSSPs), and Super Agents (SAs) as beneficiary …

Read more
Jan 2024 ALN ALERTS

As we start the new year, we highlight some important legal developments in 2023 which impacts on estate and succession planning and emphasises the need for families to do their estate and succession planning effectively noting the changing legal landscape.  Treatment of “Illegitimate Children” under Islamic Law Previously, Kenyan courts held that, under Islamic law, …

Read more
Dec 2023 ALN ALERTS

In Tanzania, the issue of when withholding tax is due has been a subject of debate and interpretation for businesses, tax practitioners, and regulators alike. The principal issue to this discussion is whether withholding tax on interest is due on “actual payment” or on “accrual” of the same. The distinction between the two has significant …

Read more
Dec 2023 ALN ALERTS

On 19 October 2022, former president Muhammadu Buhari signed the Nigeria Startup Act (the Act) into law. Prior to this, the country had no specific, encompassing startup legislation. The Act creates a foundational legal and institutional framework for supporting startups in Nigeria. One of the provisions of the Act is the introduction of a startup …

Read more
Nov 2023 ALN ALERTS

The Nigeria Data Protection Commission (NDPC) has recently published a Guidance Notice on the filing of Data Protection Compliance Audit Returns (CAR). In view of the new cycle of CAR filing, which will commence in 2024, the guidance notice provides Data Controllers and Data Processors with the opportunity to demonstrate accountability and also comply with …

Read more
Load More