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November 6, 2014
Introduction Foreign Investment (FI) is one of the major sources of economic development and can exist in different forms such as; Foreign Direct Investment (FDI), Portfolio Investment, Commercial Loans etc. FIs are generally very susceptible to risks and thus require special protection. For instance, a Foreign Investor (investor) who incorporates a company in the Host–State...
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Introduction Competition Law proposes via institutionalized legal framework, a free market economy where prices are not fixed by the competitors in a bid to manipulate the final consumer, rather it ensures a free economy with lower prices and better services. Competition Law is the foundation upon which every reliable free market economy no matter its...
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Celebrity endorsement of businesses and products dates back to the 1760s. Josiah Wedgwood, the founder of the Wedgwood brand of pottery and chinaware, also called the father of the modern brand; used the royal endorsement of Queen Charlotte and other marketing devices to create an aura around the name of his company that gave the...
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We are proud to announce that our Principal Partner, Mr. Afamefuna Nwokedi has been appointed Chairman of the Nigeria Bar Association (NBA) Committee on Intellectual Property.
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The Section on Business Law (SBL) of the Nigerian Bar Association recently concluded its 8th Annual Business Law Conference. The conference which commenced on 25th May and ended on 27th May was themed Exemplary Governance: Enhancing Economic Development in Nigeria. The conference featured several keynote speakers some of which were The Speaker of the House...
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A coalition of the stakeholders in the Nigerian music industry and the Copyright Society of Nigeria (COSON), at the first Nigerian Digital Music Licensing Summit held last year in Lagos set up a working committee to establish the rules and structure for Digital Music Licensing in Nigeria. The committee under the Chairmanship of Mr. Tony...
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The World Book and Copyright Day, celebrated in Nigeria. Port Harcourt in River State, Nigeria was designated by UNESCO, the world body responsible for the commemoration of the World Book and Copyright Day, as the Book Capital of the World for the year 2014. This great honour to Nigeria has been attributed in many circles...
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It was a milestone achievement in the development of intellectual property in Nigeria when the Federal Government launched the first Intellectual Property Automated System, IPAS on January 28, 2014 after 100 years of manual service. The Minister of Industry, Trade and Investment, Olusegun Aganga who launched the IPAS noted that with the IPAS, services would...
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Over the years, efforts have always been on the publication of only trademarks in the Trademarks, Patents and Designs Journal published by the Registry of Trademarks, Patents and Designs. In what can be described as a trail blazer since the publication of the journal in Nigeria, the Registrar of Trademarks published both patents and industrial...
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There is bill pending before the National Assembly seeking to amend section 80 of the Companies and Allied Matters Act (CAMA). If passed the amendment will correct the lacunae in section 80 of CAMA which allows infants to be members of a company simply by neglecting to count them when calculating the statutory minimum number...
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