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STREN & BLAN PARTNERS QUARTERLY IP NEWSLETTER

STREN & BLAN PARTNERS QUARTERLY IP NEWSLETTER

by Stren & Blan Partners | Dec 30, 2024 | Insight, Intellectual Property

The Trademarks Registry (TMR) released two journals on 18 and 25 October 2024. Interested persons had until 18th and 25th December 2024 respectively, to oppose the registration of any trademark in the journals. The TMR has now received notices of opposition filed by...
CLIENT UPDATE: REVISED GUIDELINES FOR THE NIGERIAN FOREIGN EXCHANGE MARKET (NFEM)

CLIENT UPDATE: REVISED GUIDELINES FOR THE NIGERIAN FOREIGN EXCHANGE MARKET (NFEM)

by Stren & Blan Partners | Dec 30, 2024 | Insight

The Central Bank of Nigeria (CBN) in a circular dated 29 November 2024, issued the Revised Guidelines for the Nigerian Foreign Exchange Market (“NFEM”) (the “Guidelines”), marking a significant shift in how foreign exchange transactions are to be conducted in Nigeria....
ENFORCEABILITY OF EMPLOYMENT CONTRACTS OF EXPATRIATES WORKING WITH VIRTUAL FINTECH COMPANIES: STRAIGHTENING THE KNOTTY ISSUES.

ENFORCEABILITY OF EMPLOYMENT CONTRACTS OF EXPATRIATES WORKING WITH VIRTUAL FINTECH COMPANIES: STRAIGHTENING THE KNOTTY ISSUES.

by Stren & Blan Partners | Dec 17, 2024 | Insight

The shift to digital platforms has created a competitive landscape and increased reliance on remote work, particularly for expatriates in software development and cybersecurity. This shift has also largely impacted the fintech sector in Nigeria, which has emerged as a...
NIGERIA’S SECURITIES AND EXCHANGE COMMISSION PROVIDES FURTHER REGULATORY CLARITY OVER THE ISSUANCE OF COMMERCIAL PAPERS THROUGH PROPOSED NEW RULES

NIGERIA’S SECURITIES AND EXCHANGE COMMISSION PROVIDES FURTHER REGULATORY CLARITY OVER THE ISSUANCE OF COMMERCIAL PAPERS THROUGH PROPOSED NEW RULES

by Stren & Blan Partners | Dec 16, 2024 | Insight

The Central Bank of Nigeria’s (CBN) Circular of July 2016 (CBN Circular) approved the quotation rules of the FMDQ OTC Securities Exchange (FMDQ) and authorized the quotation of Commercial Papers in Nigeria. It also directed that deposit money banks and discount houses...
THE ROLE OF PUBLIC-PRIVATE PARTNERSHIPS IN DEVELOPING NIGERIA’S PORTS AND MARITIME INFRASTRUCTURE

THE ROLE OF PUBLIC-PRIVATE PARTNERSHIPS IN DEVELOPING NIGERIA’S PORTS AND MARITIME INFRASTRUCTURE

by Stren & Blan Partners | Nov 28, 2024 | Insight

Nigeria’s maritime sector, though crucial to its economy, faces challenges such as aging infrastructure, inefficiency, and insufficient funding. To address these issues, Public-Private Partnerships (PPPs) have emerged as a promising solution. PPPs combine the...
CLIENT ALERT: NEW COMPLIANCE STANDARDS UNDER THE NIGERIA FOREIGN EXCHANGE CODE

CLIENT ALERT: NEW COMPLIANCE STANDARDS UNDER THE NIGERIA FOREIGN EXCHANGE CODE

by Stren & Blan Partners | Nov 27, 2024 | Insight

The Central Bank of Nigeria (CBN) has issued the Nigerian Foreign Exchange Code (FX Code), effective from October 14, 2024, under the authority of the CBN Act 2007 and the Banks and Other Financial Institutions Act (BOFIA) 2020. The FX Code outlines various principles...
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