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Foundation Chambers

Unlocking Export Opportunities: Exploring the legal and regulatory aspects of Oilseed Export in Nigeria

Download PDF Introduction In 2024, with Nigeria aiming for a 3.0% economic growth driven by the non-oil sector, businesses play a crucial role in capitalizing on export opportunities. This article focuses on the legal and regulatory aspects of venturing into oilseed export in Nigeria and provides essential insights for businesses navigating this sector’s landscape. Oilseeds, …

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International Toll Gates: The Importance and Impact of Nigerian Customs Duties – Maryam Dan-Habu

It is said that Customs duty is the price paid for the privilege of crossing borders, a metaphoric international toll gate. In the Nigerian shipping industry, this privilege of international trade has become increasingly exorbitant. It is no longer news that the Customs duty rate has increased several times since the year 2024 began. The …

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A PERISCOPIC APPRAISAL OF THE LAW AND PRACTICE OF SHIP REGISTRATION IN NIGERIA – Emmanuel Ikwuakolam

A PERISCOPIC APPRAISAL OF THE LAW AND PRACTICE OF SHIP REGISTRATION IN NIGERIA Introduction:  Ship registration is undoubtedly one of the most fundamental maritime administrative processes in any maritime nation. It does not only play a crucial role in maritime safety and security but significantly contributes towards the protection and preservation of the marine environment. …

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THE CABOTAGE VESSEL FINANCING FUND: PROSPECTS AND CHALLENGES IN THE PROMOTION OF INDIGENOUS SHIPPING IN NIGERIA  

Download PDF Setting Sail: Introduction The Nigerian marine industry encompasses a significant presence of on-sea activities. The Nigerian coastline further exhibits considerable potential for substantial expansion in maritime operations, as it serves as the meeting point where African waves gently caress the coasts of the most populated nation on the continent. The current population of …

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Official Report: Foundation Chambers Essay Writing Competition

This report details the proceedings and outcomes of the Foundation Chambers Essay Writing Competition held for university students in Nigeria. The competition received 80 entries, and after a rigorous evaluation, 3 winners have emerged. Introduction: The Foundation Chambers Essay Writing Competition was announced on 17th August 2023 till 6th October 2023. It was aimed at …

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X-RAYING THE LEGAL FRAMEWORK FOR ENFORCEMENT OF THE RIGHT TO BE FORGOTTEN IN NIGERIA – Emmanuel Ikwuakolam

Download PDF 1.0  Introduction The disruptive impact of technological innovations on the privacy of citizens no doubt calls for a continuously evolving legal framework which is adaptive to rapidly evolving societal trends. Globally, the increasing adoption of the social media, search engines and the internet generally, has led to the formation of a near-permanent record …

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Revolutionizing Evidence Gathering: An overview of the Evidence (Amendment) Act 2023. By Emmanuel Ikwuakolam

On the 12th of June 2023, President Bola Ahmed Tinubu signed, the Evidence (Amendment) Act 2023 (‘the Act’) into law. This amendment ushers in radical changes to the practice and procedure of evidence taking in Nigerian courts. The Act does not repeal the Evidence Act, 2011(the ‘Principal Act’). It, however, amended certain provisions of the …

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THE LEGALITY OR OTHERWISE OF ISSUING SHARES AT A DISCOUNT TO CONVERTIBLE NOTE HOLDERS IN NIGERIA — JULIANA OKEKE

Download PDF  1. Introduction Financing is the lifeblood of every business, and where there are no funds or there is inadequate funding, businesses struggle to attain reasonable growth, and some may even go into liquidation. It is therefore important that businesses acquire external financing to commence operations or scale up. Businesses also need to source …

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EASE OF BUSINESS: DISSECTING THE ROLE OF TECHNOLOGY IN NIGERIA’S MARITIME SECTOR BY CHIDIMMA OKAFOR

Introduction  In recent years, technology has emerged as a crucial catalyst for growth and efficiency across various sectors of the Nigerian economy, including the maritime sector which has always been an essential part of the Nigerian economy, and with the advent of digitalization, the industry is poised for a massive transformation. As Nigeria seeks to …

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INTERROGATING ADMIRALTY PRACTICE IN NIGERIA

Download PDF The concept of “admiralty practice” is an age-long international concept dealing withtransactional matters pertaining to the use and operation of vessels. The concept is often said to be “sui generis” because it is a distinct class with features that are not common to other transactional matters. Prominent among these features are the concept of “action in …

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