*‘8-year tenure policy’- Industrial Court faults National Assembly over Premature Retirement of Director*
_The National Assembly Service Commission averred that it will be inequitable..._
https://t.co/fUb0U5VQQn
🙌Today, Nigeria capital market officially moves to the T+2 settlement cycle.
A major step toward a faster, more efficient and globally aligned capital market.
Welcome to the new era of T+2.
📺 The Director-General will be live on Channels Television to discuss regulation, risks and emerging opportunities in Nigeria’s capital market and the Commission’s ongoing reforms.
🕒 Don’t miss it! See flyer for details.
Jackson, Etti & Edu (JEE) is hosting an event in London this October, themed “Investing in Africa’s Digital Economy: Catalysing the Next Frontier of Growth.” The event will bring together industry professionals, financiers, regulators, and policymakers to explore the strategic
The disruption of the digital space came with benefits and risks. With the continuous rise of AI comes the need for Africa as a continent to take strategic steps towards regulating and tapping into the benefits of AI for African businesses. But what role or trajectory must African regulators follow in shaping the future of AI and digital investments in Africa?
Join the pre-conference webinar from our Technology, Media & Entertainment sector.
Theme: THE ROLE OF AFRICAN REGULATORS IN SHAPING THE FUTURE OF AI AND DIGITAL INVESTMENTS
Date: 12th September 2024
Time: 11:00 am - 12:45 pm WAT
Register for free now with this link: https://t.co/cYwsIS4V1Z. to join our panellists’ of experts and regulators from various African countries, as we rise to the occasion.
- Rose Mosero, HSC, FIP | Deputy Data Commissioner, #Kenyans
- Ngozi Aderibigbe | Partner & Co-Sector Head, Technology, Media & Entertainment , Jackson, Etti & Edu, #Nigeria
- Luqman Sookia | Senior Executive, Deloitte, Strategy, Risk & Transactions, #Mauritius
- Megan Baruch | AI-Research & XR Lead, PwC, #SouthAfrica
- Melissa Govender | Senior Consultant, Public Policy AI & Digital Economy, #Mauritius
- Mohammed Suhuyini Zakaria, MBI | Govt. & Policy Affairs Expert, Speyside, #Ghana
- Irene Muiruri | Legal Officer, Africa's Talking Group, #Kenya
#JacksonEttiandEdu #AFullServiceLawFirm #TMESector #RegulatingAIForAfrica #AfricanDigitalFuture #AIRegulationAfricaRising
Calling All Aspiring Arbitration Practitioners – Students’ Category: Apply Now for the Africa Arbitration Day – New York Moot Competition! https://t.co/E0fU8Yh0lG
Calling All Aspiring Arbitration Practitioners – Students’ Category: Apply Now for the Africa Arbitration Day – New York Moot Competition! https://t.co/E0fU8Yh0lG
#Webinar THE ROLE OF AFRICAN REGULATORS IN SHAPING THE FUTURE OF AI AND DIGITAL INVESTMENTS
Date: 12th September 2024
Time: 11:00 am - 12:45 pm WAT
Register for free now with this link: https://t.co/I7pGUeXAjp.
We're thrilled to announce that the Bulgari Hotel, London, will be the venue for our highly anticipated JEE London 2024 Africa Dialogue & Reception!
On October 28th, 2024, we'll be exploring the crucial theme: "Investing in Africa's Digital Economy: Catalysing the Next Frontier of Growth."
Take advantage of this incredible opportunity to connect with industry leaders, policymakers, and innovators shaping Africa's digital future!
Secure your spot NOW and be part of the conversation that's set to transform the continent!
Register here: https://t.co/hMFM5wxdOz
Limited Slots Available!
#JEELondon2024 #jacksonEttiandEdu #AfricaDialogue #DigitalEconomy #InvestInAfrica #BulgariHotel #LondonEvent #DontMissOut
HAPPENING NOW] Watch Today's Friday 16 August 2024
Live Proceedings of the National Industrial Court of Nigeria
Calabar Judicial Division Before Hon. Justice Sanusi kado
Click on this link - https://t.co/gFRzi1JfJR to WATCH the Proceedings
#LabourJustice
🙏🙏🙏
DELAY IN PRODUCTION/DISPATCH OF NBA STAMPS - A NOTE OF UNRESERVED APOLOGY
Distinguished Colleagues,
I am constrained to write you on the very burning issue of delay in stamps production. We have contended with the serious challenge of stamps production since the early period of our administration. I have been inundated with complaints from our members about the protracted delay in the processing of their stamp applications. I have addressed the issue severally at the National Executive Council (NEC) meetings, but it has become imperative that I address the entire members of the Association on this unpleasant issue.
I must from the outset begin by apologizing to all our colleagues who were affected by this regrettable situation. It is however important that I put the matter in context to enable our members understand the background to the challenges. As I had previously explained at the NEC meetings, including the meeting held on the 20th of June, 2024, the delay being experienced in the stamp production is largely due to the constraints the stamps producer has been facing in procuring production materials. The printer has ascribed the constraints to the challenge of foreign exchange rates and inflation. While I must admit that the stamp producer had requested for an upward review of the cost of stamps prior to now, but we had persuaded him to retain the current cost with a view of protecting the interest of our members. However, it appears the insistence to protect the interest of our members against paying higher cost for stamps has also invited unavoidable consequences. There is no doubt that the current cost of stamp is no longer sustainable and needs to be reviewed.
Therefore, it has become imperative to apologize to all our members affected by the delay in processing of their stamp applications for the inconveniences being experienced. We have been engaging the stamp producer on daily basis to ensure this unacceptable situation is addressed as quickly as possible. I am, however, pleased to announce to you that the stamp producer has confirmed delivery of materials for the production of all the pending stamp applications. He has assured us that all the pending stamps will be produced and delivered to the Secretariat within the next few days. Consequently, we hope to commence a mass dispatch of all backlogs of stamps from Tuesday next week (20th August, 2024) to various Branches.
Our colleagues who are NEC members will also recall that in my report to NEC on 20th June, 2024, I informed NEC members that there was a need for the NBA to develop and implement digital stamp as an alternative to the physical stamp that has become problematic. It is therefore with a sense of fulfillment and relief that I announce to you that the process of the digital stamp (e-stamp) has now been completed and the current leadership of the Association shall be unveiling the digital stamps in the next few days. Details of the Digital stamps and the application process shall be publicized subsequently. This is no doubt a means to end the inconveniences being experienced by our members as a result of the unpredictability of the current physical stamps regime.
I must also add that in the course of dealing with series of complaints over the delayed stamps, we discovered that most of our colleagues who claimed to have applied for the stamp had not completed the application process on the portal. It is therefore important to note that, an application for stamp is not complete until the Branch due receipt is uploaded. The portal will also be updated to ensure that a lawyer gets immediate notification via email for any inconclusive stamp application.
Once again, I apologize to our members on behalf of the leadership of the Nigerian Bar Association for the regrettable inconveniences, while I invite you to anticipate the unveiling of the most fascinating digital stamp regime.
Thank you.
Adesina Adegbite, FICMC, MCIArb
General Secretary
The House of Representatives, through its Committee on Healthcare Services, is amplifying concerns in light of the growing Mpox epidemic currently affecting Nigeria.
Thread 🧵
#HouseNGR#HealthAdvisory#MPOX
Olaniwun Ajayi LP is pleased to be acting as Legal Adviser on the establishment of the landmark USD billion domestic bond issuance programme (the Programme) by the Federal Government of Nigeria through the Debt Management Office and the issuance of the USD500 million Series 1 Bonds under the Programme.
This transaction is a bold move and a significant step towards attracting foreign exchange inflows into Nigeria, improving liquidity in the Nigerian foreign exchange market, providing a unique investment vehicle for Nigerians and improving the lives of millions of Nigerians.
According to Chief Wale Edun - the Honorable Minister for Finance and Coordinating Minister of the Economy, at the hybrid roadshow held yesterday, this debut domestic dollar bond issuance offers Nigerians resident in Nigeria and those in the diaspora the unique opportunity to invest in a well-structured, profitable asset. Ms Patience Oniha, Director General of the Debt Management Office, was also in attendance.
The robust conversations at yesterday’s roadshow are a testament to the country's investment appetite, and we look forward to a successful launch of the offer.
________________________________
#DebtManagementOffice #DomesticBondIssuance #FederalGovernment #OlaniwunAjayi #MinisterofFinance
The new Executive Management Team met with Capital Market stakeholders at the 2nd Capital Market Committee (CMC) meeting 2024 to strategize on advancing and promoting the Nigerian Capital Market during these challenging times.
Take a look at the pictures from the meeting.