A Review of the Proposed Sec Rules On Robo-Advisory Services. 01 Introduction The Securities and Exchange Commission of Nigeria, has rolled out a proposed rule…
The world of sport has fast become a billion-dollar entity, morphing from a mere recreational activity to a financial and economic haven. In its own right, sporting activities account for over 3.7% of the aggregate GNP of the twenty-eight EU states. It is also responsible for over 3% of world trade. It employs fifteen million people in the EU, which is about 5.4% of the entire European labor force. In December 2020, NBA superstar Giannis Antetokounmpo agreed to sign a five-year contract extension with the Milwaukee Bucks worth $228.2 million, in what is the largest deal in NBA history today . Barcelona FC conceded in January 2021 that Lionel Messi indeed earned $167 million a year on a 4-year contract he signed in 2017 .
Although the AFCTA is yet to be ratified by all 55 state members of the AU, as the name implies, the major objective of the AFCTA is to create a single continental market for goods and services in Africa; a ‘‘Free to Trade” Area where businesses, persons and investments can enjoy free movement thus paving the way for the harmonization and facilitation of businesses across Africa in general. The AFCFTA is also expected to enhance competitiveness at the industry and enterprise level through exploitation of opportunities in the trade in goods, trade in services, investment and intellectual property rights.
SPORT on the other hand can be said to be an activity involving physical exertion and skill in which an individual or team competes against another or others for entertainment. Sport as a highly organized physical activity of high human intensity regulated by accepted rules and regulations which require maximum physical and mental exertion.
Nigeria’s quest to achieving a compliant data protection status capable of securing database rights and indeed all other ancillary intellectual property rights cannot be achieved overnight. Nonetheless, the above issues discussed are cardinal and must be tackled as a first step: