Introduction As part of the federal government reform agenda for the Nigerian Capital Market to provide an adjudicatory framework and make statutory provisions for predicta...
Can an Allotment of Shares Pursuant to a Defective Application form be Invalidated? A review of Ogada Industries Limited v. Union Homes Savings and Loans Plc
This is an article written by Partner, Kolawole Mayomi and Associate, ‘Demilade Odutola, in contribution to the Q1 2021 Capital Markets Solicitors Association (CMSA) newsletter. Click on this li...
FINANCE ACT 2020: WHAT YOU NEED TO KNOW ABOUT THE UNCLAIMED FUNDS TRUST FUND
Introduction President Muhammad Buhari signed the Finance Act 2020 (“the Act’’) into law on 31st December 2020. The Act introduced several far-reaching changes to the Nigerian fiscal landscape, ...
CAC ISSUES NEW FILING FEES AND PENALTIES FOR STATUTORY STATEMENT OF COMPLIANCE BY BANKS AND INSURANCE COMPANIES
Introduction On 25th January 2021, the Corporate Affairs Commission (“CAC”) notified the public, particularly the banking, financial and insurance companies (as well as deposit, provident and bene...
Corporate Affairs Commission Automates Post Incorporation Procedures
Introduction The Corporate Affairs Commission (“CAC’’) recently announced the upgrade of its website and online registration portal (‘’the Portal) to allow for the full automation of most of...
Update: Corporate Affairs Commission Automates Post Incorporation Procedures
Introduction The Corporate Affairs Commission (“CAC’’) recently announced the upgrade of its website and online registration portal (‘’the Portal) to allow for the full automation of most of...
Understanding the Use of Commercial Papers in Corporate Financing – Uche Mathew and Oluwademilade Odutola
Corporate Finance & Capital Markets 31st December 2020. Uche Matthew and Oluwademilade Odutola Understanding the Use of Commercial Papers in Corporate Financing[1]...
An Appraisal of the Regulatory Framework for Investment in the Nigerian Agricultural Sector – Uche Matthew and Demilade Odutola
The Nigerian agricultural sector is brimming with massive investment opportunities, across the value chain, for both local and foreign investors, with the current favourable policies of the government...
Contemporary Work Practices in The Nigerian Legal Profession in The Post Covid-19 Era – Demilade Odutola
As a result of outbreak of the Covid-19 pandemic, many countries have implemented measures restricting movement and congregation to combat the spread of the virus. In compliance with preventative meas...
Amended Companies and Allied Matters Act 2020
COMPANIES AND ALLIED MATTERS ACT, 2019 Arrangement of Sections Section: PART A – CORPORATE AFFAIRS COMMISSION 1 Establishment of the Corporate Affairs Commission. 2 Establishment of Governing Bo...