The outbreak of Coronavirus (COVID-19) has disrupted the world’s economy. As already known, the virus was first detected in Wuhan, China, in December 2019, it soon spread to other countries of the world, with many international travel hubs like London and New York being badly hit.

The World Health Organization (WHO) on 11 March 2020 declared COVID-19 a global pandemic owing to the fact that it has universally become a threatening illness affecting over 110 countries in the world and continuously spreading at a geometric rate. In January 2020, the agency had termed it a ‘public health emergency of international concern’.

I was indeed elated when I received the invitation from the Faculty of Law of this citadel of learning, to speak to the students. This is because I consider every speech made to young people (not just aspirants to the Bar) as an opportunity to contribute positively towards shaping their future.

Nigeria is abuzz with crowdfunding. In 2021, Nigerian startups raised over $1.6 billion in funding.¹ Out of about $4 billion startups funding that Africa attracted in 2021, Nigeria earned the largest chunk of $1.37 billion.² One of the major tools presently being employed to garner such humongous funding is the innovation of crowdfunding. According to Regulation 1 of the SEC Rules on Crowdfunding 2021, crowdfunding is the process ... read more

J-K Gadzama LLP has appointed Mr. Francis Oronsaye as the new Managing Partner of the Firm. The appointment is geared towards the efficient management of the Firm.
Prior to his appointment as the firm's Managing Partner, Mr. Oronsaye had previously served as the firm’s Deputy Managing Partner.
He took over from Mrs. Geraldine Mbah, who served the firm exceptionally and was celebrated with a sendoff party earlier this year. She is currently in the United States of America to further her legal education.
In other news, the firm is pleased to announce the promotion of Mr. Darlington Onyekwere and Mr. Madu Joe-Kyari Gadzama from Junior Partners to Partners. Similarly, Mr. Oluniyi Adediji and Mr. Jerry Ombugadu Musa were admitted into the firm’s partnership as Junior Partners.
The firm wishes them the best as they assume their new positions.
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by Madu J. Gadzama and Sarah J. Atumga
J-K Gadzama LLP
1 Legislative framework
1.1 Which legislative provisions govern private client matters in your jurisdiction?
- The Finance Act, 2021;
- The Companies and Allied Matters Act, 2020;
- The Nigeria Data Protection Regulation, 2019;
- The Investments and Securities Act, 2007;
- The National Information Technology Development Agency Act, 2007;
- The Nigerian Deposit Insurance Corporation Act, 2006;
- The National Office of Technology Acquisition and Promotion Act, 2004;
- The Nigerian Investment Promotion Commission Act, 2004;
- The Foreign Exchange (Monitoring & Miscellaneous Provisions) Act, 2004;
- The Wills Act, 1837 – as amended by the Wills Amendment Act of 1852 (including the wills laws of various states); and
- The administration of estate laws of various states.
View complete article here: https://www.mondaq.com/nigeria/family-and-matrimonial/1122216/private-client-comparative-guide

Open banking is an emerging financial services model that focuses on the portability and open availability of customer data held by financial institutions. Open banking is also known as “open bank data.”
Simply put; open banking is a banking practice that enables ordinary people to grant permission for our financial data to be securely shared between banks and other financial service providers through the use of application programming interfaces (APIs).
View complete article here: https://j-kgadzamallp.com/publications/articles/47-cbn-guidelines-on-open-banking-in-nigeria-a-tranquil-steer
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