Perchstone & Graeys
It is pertinent to start this discourse with a comparative analysis of the major broadcast deals in England and Spain.
LeLaw Barristers & Solicitors
According to the Nigerian Communications Commission (NCC), Nigeria's internet penetration as at November, 2018 stood at 108.4 million with 30% broadband penetration rate.
Prior to the enactment of FCCPA, there were no laws regulating mergers between non-Nigerian entities which result in a change of control of a Nigerian business (foreign-to-foreign mergers).
LeLaw Barristers & Solicitors
Mergers and Acquisitions (M&As) have largely been beneficial to the Nigerian economy especially in recent times, as banking consolidation amongst others, has shown.
Counterfeiting and trademark infringement continue to pose serious challenges to innovation and industry, especially in the 21st century.
The issuance of this Notice is a welcome step and is evidence of the Commission giving effect to the provisions of the Competition Act.
The documentation requirements are less elaborate than that for local mergers.
The passage of the Competition Act also resulted in the introduction of a new regulatory framework for merger transactions in Nigeria.
Enforcement of Foreign Judgments Comparative Guide for the jurisdiction of Nigeria, check out our comparative guides section to compare across multiple countries
PUNUKA Attorneys & Solicitors
In his contribution to this symposium on Eleanor Fox and Mor Bakhoum's book, Making Markets Work for Africa: Markets, Development, and Competition Law in Sub-Saharan Africa (OUP, 2019), Jasper Lubeto notes the omission of Nigeria, ...
The Federal Competition and Consumer Protection Act ("FCCPA") was signed into law on 30 January 2019.
Andersen Tax LP
The Global Transaction Forecast (Report) issued by Baker Mckenzie and Oxford Economics predicts that merger and acquisition (M & A) transactions in Nigeria will continue to rise.
On Wednesday, December 5, 2018, the Senate of the Federal Republic of Nigeria announced its reconsideration and passage of the Federal Competition and Consumer Protection Bill 2018 (the "Bill").
Adams & Adams
Nigeria is an independent republic on the west coast of Africa, on the Gulf of Guinea. It is bordered by Benin to the west, Niger to the north, Cameroon to the east, and the Atlantic Ocean to the south.
S.P.A. Ajibade & Co.
The existence of a comprehensive legal regime for the regulation of competition is extremely important to the growth of any advanced economy. Nigeria's competition laws have been grossly inadequate ...
The Bill applies to all businesses and all commercial activities within, or having effect within Nigeria and extends to undertakings in which the Federal, State or Local Government ...
Songhai Advisory LLP
Cement prices rose in Nigeria by 44% in August shortly after Dangote Cement hiked its own price. A 50kg bag of cement used to cost about US$5 in the country. Now it costs about US$7.
Sub-Saharan Africa is primed for an era of sustainable growth. As other markets across Latin America and Asia face short-term challenges and many advanced economies decelerate, the outlook remains encouraging for sub-Saharan Africa to gather speed and create greater opportunities for its rapidly growing population.
In Nigeria, mergers by private or public companies are principally regulated under the Investments and Securities Act 2007 and the SEC Rules.
George Etomi & Partners
In 1999 African ministers responsible for civil aviation under the aegis of the Organisation of African Unity (now the African Union) adopted the Yamoussoukro Decision – a multilateral agreement between Africa's 54 countries ...