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Expatriate Employment Levy: The Key Things to Know
The Federal Government of Nigeria introduced, on 27th February 2024, the Expatriate Employment Levy, which mandates companies employing expatriates to pay a designated levy to the Government. The Expatriate Employment Levy has the dual objective of promoting local talent utilization while also funding initiatives focused on skill development, job creation, and capacity building for indigenous […]
Incentives under the Nigerian startup act, eligibility, and more.
Introduction The Nigeria Startup Act 2022 (the ‘Act’) provides the legal and institutional framework for developing and operating startups in Nigeria in a bid to create an enabling environment for the establishment, development, and operation of startups in Nigeria. Application The Act applies to; Companies that are labeled startups, i.e. Companies incorporated under the Companies […]
Conversion of private companies to public companies in Nigeria.
INTRODUCTION Companies enjoy recognition in law as separate legal entities, for this reason, their activities are closely monitored and accordingly regulated by statutes, the Companies and Allied Matters Act (CAMA), 2020. A private company may wish to change its legal form to a public company without forming a new corporation or disrupting its business. […]
Africa Continental Free Trade Area: An Overview
INTRODUCTION The Africa Continental Free Trade Area (AfCFTA) agreement was signed on 21st March 2018 in Kigali, Rwanda, by 44 African Heads of State. This historic trade pact aims to create a single continental market for goods and services, facilitate the free movement of businesspersons and investments, and establish a Continental Customs Union. AfCFTA is […]
Procedure for converting debt to equity in Nigeria
Debt-to-equity financing plays a significant role in the financial landscape of Nigeria. As the nation strives for economic development, understanding the dynamics of financial activities, including the capital structure of institutions and corporations, becomes crucial. Debt-to-equity financing is an essential aspect of this structure and warrants thorough examination. In its simplest form, debt refers to […]
Tumininu Oladipo
Partner
Tumininu heads the firm’s Corporate, Securities & Finance (CSF) Practice. She has a decade experience in Capital market transactions, strategic investments, Corporate Commercial law, Corporate Governance, Regulatory Compliance, Mergers and Acquisitions, Project Finance, and Funds. She has worked closely with both domestic and international clients, guiding them through complex legal challenges. and helping them navigate […]
Folasade Kilaso
Managing Partner
Folasade has over 25 years of professional experience and she specializes in corporate and regulatory matters across several sectors including Banking, Capital Market, Asset Management, Energy, Real Estate, Public-Private Partnership, Insurance, Immigration, Risk Management and Corporate Governance. She was an Executive Director of Standard Chartered Bank of Nigeria and has served on the board/ committee […]