• Role-of-the-Court-in-the-Interpretation-and-Development-of-Intellectual-Property-Law-The-Nigerian-Experience

    Role of the Court in the Interpretation and Development of Intellectual Property Law: The Nigerian Experience

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    Adebambo Adewopo, Professor of Intellectual Property Law, Nigerian Institute of Advanced Legal Studies, in an insightful tour de force explores the historical development of intellectual property law in Nigeria in “Role of the Court in the Interpretation and Development of Intellectual Property Law: The Nigerian Experience”.

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  • mandatory incorporation of foreign companies in nigeria

    Mandatory Incorporation of Foreign Companies in Nigeria: Some Legal Considerations

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    Emwanta Ehigiato, Partner, Giwa-Osagie & Co takes a critical look at section 54 of the Companies and Allied Matters Act, 1990 in “Mandatory Incorporation of Foreign Companies: Some Legal Considerations”.

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  • nearly always a strike or lock out is unlawful in nigeria

    Nearly Always, A Strike or Lock Out is Unlawful in Nigeria

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    Professor Joseph Abugu, Head, Commercial and Industrial Law Department, Faculty of Law, University of Lagos examines the lawfulness of strikes within the framework of statutory provisions delineating the boundaries of industrial action and the immunities available under Nigerian statute law for torts committed by trade unions and their officials in the course of a trade dispute. It observes that lawful strikes are virtually impossible in this country notwithstanding its democratic ideals. Whilst the constitution guarantees freedom of association and the right to join or form a trade union, existing statutory provisions negate the exercise of trade union activity in the form of strikes or lockouts. The paper advocates a change of the existing legal regime in favour of one that meaningfully recognizes the right to strike and lockout and facilitates its exercise.

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  • The Lagos State Arbitration Law and the Doctrine of Covering the Field: A Review

    The Lagos State Arbitration Law and the Doctrine of Covering the Field: A Review

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    Abdulrazaq Daibu

    Is the Lagos State Arbitration Law of 2009 Dead on Arrival? Abdulrazaq Daibu, Lecturer, Department of Private and Property Law, University of Ilorin examines the issue in “The Lagos State Arbitration Law and the Doctrine of Covering the Field: A Review”.

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  • A Critical Analysis of the Excess Dividend Rule in Nigeria: Oando Plc v. FIRS (Oando IV) Revisited

    A Critical Analysis of the Excess Dividend Rule in Nigeria: Oando Plc v. FIRS (Oando IV) Revisited

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    Dr Olumide Obayemi, Senior Lecturer, Lagos State University and legal practitioner with Ajumogobia & Okeke, examines whether additional tax on retained earnings of companies amounts to double taxation in “A Critical Analysis of the Excess Dividend Rule in Nigeria: Oando v FIRS (Oando IV) Revisited”.

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  • Enforcement of International Customs on Expropriation of Foreign Properties and the Plight of Developing Countries

    Enforcement of International Customs on Expropriation of Foreign Properties and the Plight of Developing Countries

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    Professor Nnabue and Mr. Otitodiri, Professor of Law, Faculty of Law, Imo State University and Lecturer, Faculty of Law, Imo State University, in their article “Enforcement of International Customs on Expropriation of Foreign Properties and the Plight of Developing Countries” examine the enforcement of International Customs on Expropriation of foreign properties and the plight of developing countries. The sources of the law are fraught with irregularities and questions still remain. Although Article 38 of the statute of ICJ has helped to define international law as a discipline distinct from politics and international relations, it has fallen short of seeing the process through. As dynamic as society is, law needs to be one step ahead to ensure that there is a means to keep actions and omissions in check.

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  • principles of corporate law in nigeria

    Principles of Corporate Law in Nigeria

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    Dr. Wale Olawoyin SAN, Senior Lecturer, University of Lagos and Partner, Olawoyin & Olawoyin, in a review that is itself a treatise on corporate law, takes a look at the book, Principles of Corporate Law in Nigeria.

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  • The Bank Director Duties and Imperative of Corporate Governance

    The Bank Director Duties and Imperative of Corporate Governance

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    Against the background of corporate failures in several countries, Professor Konyinsola Ajayi SAN, Managing Partner Olaniwun Ajayi LP, examines the duties and risks faced by the bank director in Nigeria and the necessity for effective corporate governance in the banking sector in “The Bank Director: Duties and Imperative of Corporate Governance”.

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  • Examination of the Effectiveness of Micro and Macro Prudential Policies in Achieving Bank Stability with Special Focus on Basel III

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    Dr. Amaechi Chinenyeze of the Imo State University pushes the theme in Professor Ajayi’s paper further by arguing that micro prudential policies which aim at stabilising individual banks may not be enough and that monetary and fiscal policies must supplement micro and macro prudential policies in order to be effective in achieving system wide economic stability. His article, “Examination of the Effectiveness of Micro and Macro Prudential Policies in Achieving Bank Stability with Special Focus On Basel III”, is an essential read for banking regulators.

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  • The Exclusive Jurisdiction of the Investments and Securities Tribunal (IST): A Constitutional Perspective

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    Abubaki Yekini of the Lagos State University in his article, “The Exclusive Jurisdiction of the Investments and Securities Tribunal: A Constitutional Perspective”, examines the constitutionality of the exclusive jurisdiction conferred on the Investments and Securities Tribunal (IST) by the Investments and Securities Act in view of Section 251(e) of the 1999 Constitution and posit that as the IST is not listed in the Constitution as a superior court, the fate that befell the defunct VAT Tribunal and the National Industrial Court (before the third alteration to the 1999 Constitution) may lie in wait it.

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  • Rethinking the Duties of a Receiver and Powers of Directors of Companies in Receivership under Nigerian Law

    Rethinking the Duties of a Receiver and Powers of Directors of Companies in Receivership under Nigerian Law

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    Kunle Aina, Senior Lecturer, Faculty of Law, University of Ibadan, critically examines the role and duties of the receiver in Nigerian law and points out the discrepancies, total lack of regulation and great gaps in the law which has led to great injustice to companies. Rethinking the Duties of a Receiver and Powers of Directors of Companies in Receivership under Nigerian Law argues that directors of companies under receivership are not thereby paralysed and they should exercise their powers to monitor the activities of the receiver. There is need to amend the law to streamline the duties of the receiver, provide for regulation of receivership and protection of the company and debenture holders.

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  • Maritime Pirates: The Criminal Underworld of the Nigerian Maritime Domain

    Maritime Pirates: The Criminal Underworld of the Nigerian Maritime Domain

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    Dr. Abdulkadir examines the causes of piracy in the Nigerian maritime domain in his article, Maritime Pirates: The Criminal Underworld of the Nigerian Maritime Domain. He also appraises the impact of piratical activities on the economic development of the nation as well as governmental efforts to curb the scourge. The article argues that the initial lackadaisical attitude of the Nigerian government to deal with the situation is a major factor responsible for the increase in the activities of pirates. While considering various strategies which have been adopted in other parts of the world, the paper recommends effective Surface Surveillance System, Bilateral Arrangement, Regional Maritime Awareness, among others as ways to tackle the menace of piracy in Nigeria

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