On Tuesday 5th February 2019, President Muhammadu Buhari signed the Federal Competition and Consumer Protection Act into law. The law is aimed at encouraging competition and prohibiting restrictive agreements. The law also established the Federal Competition and Consumer Protection Commission and the Consumer Protection Tribunal and accordingly repealed certain provisions of the Investments and Securities Act 2007. […]

The National Assembly has passed the CAM Bill with interesting provisions on business rescue to help you save viable businesses and wind up the dead ones. Business made easy! […]

AMCON (Amendment) Act 2019 signed into law!!!
The Asset Management Corporation of Nigeria (Amendment) Act 2019 was assented to by the President on 6th August 2019. the new law empowers AMCON to put bank accounts of it’s debtors under supervision

New Federal High Court Rules unveiled!!!
Federal High Court (Civil Procedure) Rules 2019 was unveiled by the Chief Judge on 5th July 2019.

Court of Appeal resolves the issue of seeking Attorney General’s consent with respect to funds belonging to a private institution or commercial banks but in custody of a public officer. In interpreting section 84 of the Sheriffs and Civil Process Act, the court held that what determines whether fund is a public fund is the status of who owns the money and not the status of the person in whose physical possession the money is kept. CBM V Umar (2019) 10NWLR part 1679