Understanding Fintech Regulatory Framework
March 9, 2021 Omaplex 0 Comments

“A youthful population, increasing smartphone penetration, and a focused regulatory drive to increase financial inclusion and cashless payments, are merging to create the perfect recipe for a thriving Fintech Sector in an electronic age where every day financial transactions are conducted on electronic platforms.”

February 10, 2021 Omaplex 0 Comments

Environmental pollution is of considerable concern throughout the world. Consequent upon this, Renewable Energy has become a topic whereby its importance cannot be overemphasized. Nigeria as a nation has borne a lot of challenges in its quest to attain solutions to sustainable energy. This article will critically evaluate the opportunities and benefits associated with renewable energy sources; social and economic development of renewable energy, climate change mitigation caused by renewable energy, challenges faced in the implementation of the renewable energy, current position of renewable energy in Nigeria and the Laws regulating the application of renewable energy in Nigeria.

February 4, 2021 Omaplex 0 Comments

Note however, that a superior court in Nigeria will not enforce any award under this Act if at the time of the application for its enforcement there exist an appeal in any court on the award for purposes of setting it aside or if it has wholly been satisfied or it could not be enforced by execution in the country of the original court.

January 29, 2021 Omaplex 0 Comments

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:

ban
January 20, 2021 Omaplex 0 Comments

Most arbitration agreements are entered into as exit strategies; they are inserted into agreements without much thought as to the dynamics of the arbitration proceedings in the event the contractual relationship actually goes wrong.

No partner wants to be the one proffering detailed solutions as to how their marriage should be dissolved if it gets to that, but as much as we all want a happy ending, some marriages must dissolve. Thus, when things go wrong, parties have to ensure that their arbitration agreements fulfil their expectations of an easy way out; the best ‘exit strategy’.

Data protection
January 14, 2021 Omaplex 0 Comments

With the decision of Fintech giants Paypal, to restrict foreign payments into Nigeria owing to the prevalence of advanced fee frauds (Yahoo-Yahoo ) in the country, the issuance of a regulation as the NDPR which creates a sense of a protection culture must be applauded albeit with reservations as to the efficacy of its enforcement or the adequacy of its provisions to ensure a stellar data protection status in Nigeria.