Ælex-Notes - Legal Business

The Right of Creditors to Attach a Joint Account where Only One Party is Indebted (Part I)

Jul 15, 2021

Investing in Marginal Fields – Key Considerations for Financiers – Part 2

Jul 8, 2021

Last week, we examined the bid process for the 2021 Marginal Fields and whether aggrieved bidders have a viable claim to challenge the award process adopted by the DPR. In this part two, we will…

Ælex-Notes

Investing in Marginal Fields – Key Considerations for Financiers – Part I

Jul 1, 2021

Winners of the ‘2021 Marginal Field’ bid round (hereinafter referred to as grantee(s)) have emerged. As grantees and potential financiers contemplate how to raise capital for the development of each…

Ælex-Notes

The SEC Regulatory Incubation Program: Building viable FinTechs in Nigeria

Jun 24, 2021

The Security and Exchange Commission (“SEC”) on 16 June 2021 announced its Regulatory Incubation Program (the “RI Program”) for financial technology companies or (“FinTechs”) offering services and…

Ælex-Notes

The Right of Creditors to Attach a Joint Account where Only One Party is Indebted (Part I)

Joshua Idoko Jul 15, 2021 0

Dr Martin Tallhause looked out of his 15th-floor office window at the busy façade of the hustle and bustle of Ikoyi. He looked like he had just seen a ghost; worst still, he looked like he had just seen red; red on the bank account he maintains jointly with his business partner, Mr Chip Munk. His account officer had just informed him on the phone…