by Legalnaija | Oct 4, 2024 | Blawg
Davidson Oturu Launches Book On Fintech Law And Practice
Davidson Oturu, a legal practitioner and investor, is set to release his book, Fintech Law and Practice in Nigeria, a comprehensive legal guide that explores the rapidly evolving fintech industry in Nigeria. This essential resource provides key insights into the legal and regulatory landscape that governs the country’s thriving fintech sector.
Fintech Law and Practice in Nigeria addresses critical issues, including regulatory frameworks, compliance challenges, intellectual property concerns, and the impact of emerging technologies such as blockchain, cryptocurrencies, and AI on financial services. The book also features case studies, legal analysis, and practical advice for lawyers, entrepreneurs, and investors navigating this dynamic space.
Davidson Oturu, who has an extensive background in fintech and intellectual property, is renowned for his role in shaping the Nigeria Startup Act and other key regulatory initiatives. He was also part of the Securities and Exchange Commission Roadmap Committee that drafted a framework for the use of fintech in Nigeria’s capital market. With this book, Oturu offers a guide for stakeholders to understand the complexities of fintech law and seize opportunities in Nigeria’s fintech market, one of the fastest-growing sectors in Africa.
The book will be launched on October 30, 2024, at the Centre for Commercial Law, Global South Law Research Network, University of Aberdeen and there will also be a roundtable on the development of fintech on the African continent.
Speaking ahead of the launch, Oturu noted, “Fintech Law and Practice in Nigeria aims to provide a clear legal roadmap for entrepreneurs, investors, and legal professionals. The book is a result of my experiences and active participation in creating policies that facilitate innovation while safeguarding stakeholders in this fast-growing sector.”
The book launch at the University of Aberdeen is expected to draw legal scholars, industry leaders, and policymakers, offering an invaluable platform for discussions on the future of fintech regulation in emerging markets.
The book will be available for purchase on Amazon, Google Books, Barnes & Noble, and other bookstores locally and internationally.
Davidson Oturu was a partner at AELEX, where he led the firm’s fintech, technology and startup practice and has a passion for innovation in the tech space. He is presently a general partner at Nubia Capital, a venture capital firm, and played a pivotal role in drafting the Nigeria Startup Act. Oturu has been recognized in numerous legal directories, including Chambers Fintech Guide, Chambers Global, Legal 500, IFLR1000 and Who’s Who Legal.
Copies will be available on the Legalnaija bookstore www.legalnaija.com
#fintech #fintechlaw #newbookalert #fintechbook #davidsonoturu #legalnaija
by Legalnaija | Oct 4, 2024 | Blawg
We are excited to introduce Mr. Hakeem Ogunniran as the Chairman of our ICSAN Lagos State Chapter Annual Summit 2024!
He is the Founder and CEO of Eximia Realty Co Ltd and Non-Executive Chairman of Lagos Building Investment Co. Plc and brings a wealth of expertise in corporate governance and leadership. With board roles at Reall U.K. and a track record of success at UACN Property Development Co. Plc, where he was named one of the top 20 CEOs on the Nigerian Stock Exchange in 2013, he is a true industry leader.
He has a law degree from the University of Lagos, an LL.M, an MBA, and prestigious executive training from Harvard and London Business Schools. Mr. Ogunniran has garnered accolades like the Kwame Nkrumah Award for Corporate Governance Excellence.
Mr. Ogunniran’s extensive experience, insights and leadership will undoubtedly guide impactful discussions on best practices and governance strategies.
Event Details:
Registration Rates:
Early Bird (ends Tuesday 8 October 2024):
– Members: N30,000
– Non-Members: N35,000
Regular:
– Members: N40,000
– Non-Members: N45,000
Payment Details:
Access Bank
Account Number: 0016319840
Account Name: ICSAN Lagos State Chapter
Upon payment, please register with this link and upload payment details;
https://lnkd.in/dWr9Z49z
#corporategoverance #summitchairman #icsanlagosstatechapter
#innovation #icsanlagossummit24 #leadership #industryexpert #icsanlagoscgweek24 #ICSANLagosCGWeek24 #cgweek24
by Legalnaija | Oct 3, 2024 | Blawg
We are thrilled to present our Keynote Speaker for the ICSAN Lagos State Chapter Annual Summit 2024!
Dr Stanley is the Chief Executive Officer of Zest (formerly Stanbic IBTC Financial Services Limited), a fintech arm of Stanbic IBTC Holdings PLC. As a trailblazer in the financial technology industry, he serves as President of the Fintech Association of Nigeria (FINTECHNGR) and is a key member of several esteemed advisory councils and committees, including the Committee of e-Business Industry Heads of Nigeria (CeBIH) and the Chartered Institute of Bankers of Nigeria (CIBN).
Dr Stanley’s career is a tapestry of leadership roles across top-tier organizations such as Mastercard, Ecobank Group, and Standard Chartered Bank. Notably, he was the pioneering Chief Operating Officer of Fortis Mobile Money in Nigeria. With a Doctorate in Green Finance from UCAM, Spain, an MBA in Technology Management, and executive education from renowned institutions like the University of Oxford and MIT. Dr Stanley is a highly respected fellow and member of numerous professional bodies, including the Chartered Institute of Bankers of Nigeria and the Institute of Directors.
Event Details:
• Early Bird Registration (Ends Tuesday, October 8, 2024):
Members: N30,000
Non-Members: N35,000
• Regular Registration:
Members: N40,000
Non-Members: N45,000
Payment Details:
Access Bank
Account Number: 0016319840
Account Name: ICSAN Lagos State Chapter
Once payment is made, complete your registration by uploading your payment details through the link below: https://lnkd.in/dWr9Z49z
#corporategoverance #summitkeynotespeaker#icsanlagosstatechapter #keynotespeaker #innovation #icsanlagossummit24
#industryexpert #icsanlagoscgweek24 #ICSANLagosCGWeek24 #CGWeek24
by Legalnaija | Sep 23, 2024 | Blawg
Professor Olawuyi , SAN makes case for increased support for the media to drive sustainablity awarenes
Frontline international law expert and global vice chair of the International Law Association, Professor Damilola Olawuyi (SAN) has called for increased financial and technical support for media practitioners in Africa, so that they can effectively play their crucial roles of driving public discourse and awareness on all aspects of the United Nations Sustainable Development Goals (SDGs).
The Senior Advocate of Nigeria (SAN), who is also a UNESCO Chair on Environmental Law and Sustainable Development HBKU, made these remarks while delivering a compelling guest lecture at the Hiwar Scholars Seminar held at Northwestern University, in Doha, Qatar (NUQ). Themed “Climate and Sustainability Reporting in Africa: The Role of the Media”, the event brought together academics, students and stakeholders in media who converged under the aegis of NUQ’s Hiwar Speaker Series. The event featured opening remarks from Professor Zachary Wright, associate dean for faculty affairs at NUQ, while the session was moderated by the chairperson of the Africana studies minor at NUQ, Professor James Michael Hodapp. Also in attendance was Dean Susan L. Karamanian of the Hamad bin Khalifa University law college.
While emphasing the role of the media in promoting public awareness on sustainablity, Professor Olawuyi, SAN noted that: “The media has significant power and skills to educate and create awareness on climate change and the SDGs; shape and maintain public discourse on sustainability; influence consumer choices through climate-aligned advertising; empower the public to understand their environmental rights; and most importantly serve as public watchdog and gatekeepers by shining the spotlight on success stories, while highlighting those that are often left behind, especially women, youth, indigenous and other vulnerable groups amongst others. However, lack of financial resources, limited support for capacity development and the constant fear of reprisals continue to serve as hinderance to active climate and sustainability-aligned media reporting in many parts of Africa.”
Olawuyi emphasized the need for international solidarity and development support, through targeted financial empowerment and reskilling initiatives that will empower African media practitioners to actively drive sustainablity focused reporting. Olawuyi also called on media practitioners to seize the momentum of the ongoing efforts to accelerate the SDGs, by using effective language, methods and channels of communication, both traditional and social media, to engage diverse African audiences on sustainability and climate action.
While also presenting findings from his latest book titled Net Zero and Natural Resources Law, published by Oxford University Press, Olawuyi called for concerted efforts to support media practitoners across Africa to be able to positively shape the narrative and highlight Africa’s success stories on sustainablity and net zero transition.
He noted that this new book outlines the risk mitigation strategies and contractual techniques – focusing on net-zero and climate aligned sustainability reporting, financing, green procurement, climate-smart infrastructure development, transparent climate disclosures and reporting, gender justice, and other sustainability safeguards — that are required to ensure a just and inclusive energy transition.
by Legalnaija | Sep 20, 2024 | Blawg
In a very enlightening article titled: “Copyright Trolling in Use of Creative Common Licenses” written by a US based IP Expert, Daphne Mercy Ekpe, a fundamental aspect of creative common licenses was found to be the tool wielded for exploitation by copyright trolls.
The Creative Commons (CC)licenses were created with the noble intention of providing a mechanism that facilitates the easy accessibility and sharing of creative works to the public under minimal requirements. The licenses help forestall the need for complex and expensive legal negotiations for license agreement, fostering easy accessibility for users without jeopardizing the commercial value of the authors’ works.
In view of this primary goal, Daphne identified a growing problem that threatens this objective. This menace is the emergence of copyright trolls, who are empowered by the development of technologies like search tools such as Pixsy, that allow them to easily identify users that have not complied with the CC license agreement, specifically with the attribution requirement of crediting a copyright holder according to the terms of the license.
Copyright trolls prey on unsuspecting users. Daphne explains that the trolls lure users into thinking that CC licensed materials are safe to post, then police the use to find any infringers and demand payment for inadvertent mistakes. In an attempt to streamline the attribution requirement for users, the Creative Commons Community developed the version 4.0 of the CC license. Daphne highlighted that unlike the previous versions, users can now simply provide the website link to where used work(s) can be found, without precisely mentioning the author. Also, this version permits the recovery of terminated right, so far, the user corrects the breach within thirty days of its discovery.
While this change is a positive step, it still leaves out the menace of copyright trolls unaddressed, as they can still exploit the window between a breach and when such breach corrected, Daphne emphasized that the CC license version 4.0 doesn’t impede copyright trolls from taking advantage of users for the short time in which a creative work was used without authorization.
It must be noted that copyright trolls do not commit any illegal act per say, they are simply opportunists leveraging on the statutory damages under the US Copyright Act of 1976to exploit negligent or uneducated users who may not be familiar with IP law or the legal nuances of the license. Daphne pointed that copyright trolls target thousands of users, seeking quick settlements usually less expensive in comparison to what the defendant will spend to defend the claim.
Daphne recommended a more holistic approach, that will strike a balance between ensuring the attribution rights of writers are protected especially against willful infringements and the protection of unsuspecting/uneducated users from copyright trolls. The proposed solution centers on the development of a new version of the CC license, that prevents the automatic termination of the license rights upon a breach. According to her, the rights should remain unaffected within the window given to correct mistakes. In addition, she proposed the obligation of authors to notify users of any breaches for rectification before enforcement occurs.
This publication provides a brilliant exploration of the evolving landscape of copyright law, shedding light on how the attribution requirement under CC licenses has been weaponized by copyright trolls to exploit unsuspecting users, proposing crucial changes that will protect the interests of all parties involved. Hence, this is a must-read for IP policymakers, creators, users, legal professionals and the creative commons community.
Read the article here; https://www.researchgate.net/publication/383876372_Copyright_Trolling_in_Use_of_Creative_Commons_Licenses
About the Author
Daphne Ekpe is an acclaimed legal professional whose exceptional blend of academic excellence, innovative research, and dedicated advocacy has significantly impacted the field of Intellectual Property (IP) and Technology. Daphne’s illustrious academic journey began with a Bachelor of Laws from the University of Ibadan, Nigeria, followed by a Master of Laws (LLM) in IP and Technology Law from the American University Washington College of Law. Her outstanding performance earned her a merit scholarship, and she graduated with honors. Her research paper, “Copyright Trolling in the Use of Creative Commons License,” published in the American University IP Brief, demonstrates her ability to propose innovative solutions to complex legal issues and this publication has contributed significantly to the ongoing debate on copyright law and creative commons licensing. Daphne provides invaluable legal support to startups and entrepreneurs, specializing in copyright and trademark protection for emerging technologies and creative ventures. As a thought leader in IP law, she frequently shares insights on cutting-edge legal issues and innovative strategies in the IP space, making her a sought-after professional. She is a dedicated advocate for IP rights awareness in underrepresented communities.
by Legalnaija | Sep 18, 2024 | Blawg, Book
Customer Review Highlight On The Legalnaija Bookstor
Being the only online bookstore for lawyers in Nigeria has been an interesting and challenging journey, filled with both rewarding moments and tough obstacles. We have had extremely satisfied customers like this customer in Lagos who wrote;
“At first I was unsure whether to trust Legal Naija especially as you didn’t offer a pay on delivery service. However, the books are relatively affordable, high quality, and not pirated.You are genuine with seamlessly timeous delivery.”
– N. Egbumokei (Lagos)
We have also had customers whose books were delivered late like the customer in Kano who wrote;
“You’re indeed a reliable law bookstore. Your law books are such worthy that any serious legal practitioner must have them on his bookshelf. However, my only problem with you is the way of your delivery. For those of us who’re outside your place of business, it takes up to two weeks or more before the books we order reach us. I sometimes even started thinking that I might have been trapped by scammers due to the time the books took before they reached my destination. Anyway, you’re reliable. Thanks.”
– M. Mahmoud (Kano)
While we’re thrilled to hear that our law books are a must-have for any serious legal practitioner! Your trust means the world to us. We acknowledge the delivery delays for our customers outside our immediate area and are actively working to improve this in collaboration with our delivery Partners. We’re committed to ensuring faster and more reliable delivery times so you can get your essential legal resources without the wait.
At Legalnaija, we’re dedicated to providing the best resources for your legal journey. Visit us to discover a wide range of legal texts, guides, and more. You can always access over 150 law books and resources on www.legalnaija.com/store.
You can also get 10% off all your orders this month of September when you use the voucher code: NQ4CYAVV at check out.
Explore the World of Legal Knowledge at Legalnaija Bookstore! Stay tuned for updates on new arrivals, events, and exclusive offers!
Thank you for your patience and continued support!
by Legalnaija | Sep 15, 2024 | Blawg, Book
Attention Lawyers and Law Firms! Update Your Library With International Textbooks And Law Reports
Enhance your legal library with premium law reports and resources available at the @Legalnaija Bookstore. We offer a wide range of essential legal texts to support your practice:
1. Criminal Appeal Reports (1909-2014)
2. Atkins Court Forms 2D** – Complete set of 90 volumes
3. Atkins Court Form
4. All England Law Reports
– 1950-2000
– 1950-2002
– 1945-2009
– 1558-1935
5. Encyclopedia of Forms and Precedents- 110 volumes
6. Encyclopedia of Forms and Precedents 4th Ed
7. Halsbury Statutes:
– 80 vols set for
– 90 vols set for
– 100 vols set
8. Weekly Law Reports- 500 mixed volumes
9. Weekly Law Reports (1953-2008)
10. Weekly Law Reports (1953-2012)
11. Atkins Court Forms- 100 volumes set
12. Criminal Appeal Reports (1909-2014)
13. Current Law Statutes (1976-2012)- Around 200 volumes
14. Cambridge Law Journal (1969-2007)
15. Bankruptcy and Personal Insolvency (2002-2013)
16. Lloyds Law Reports (1976-2012)
17. Butterworths Company Cases (1984-2011)
18. Journal of Planning and Environmental (1987-2017)
19. Industrial Relations Law Journal (1984-2003)
Don’t miss out on these invaluable resources! Visit our bookstore today and elevate your legal practice with the best in legal literature.
To order copies, send a mail to hello@legalnaija.com or call 09029755663.
by Legalnaija | Sep 13, 2024 | Blawg, Book
Discover the Latest Additions at Legalnaija Bookstore!
We’re excited to announce that our bookstore has been updated with a fantastic selection of new law books! Whether you’re a seasoned lawyer, a law student, or simply passionate about legal knowledge, we have something for everyone.
Explore our diverse collection, including titles on criminal law, corporate governance, human rights, and more. Here are just a few of the new arrivals.
Visit https://www.legalnaija.com/store to browse and order your copies today.
Stay informed, stay ahead. Happy reading!
Legalnaija Team
#legalnaija #bookstore #nigerianlawyers #lawbooks #lawpublications #law #legal #legalnaijabookstore
by Legalnaija | Sep 4, 2024 | Uncategorized
OPINION OF AUTHOR:
I have successfully dispensed justice to suffering people who wanted justice. I want to expend by looking for more avenues of services in all sectors of legal framework. I believe that holding the essential elements that can lead to the planning of meaningful ways and means to facilitate the learning of human rights as the way of life throughout the world.
“TALENT DERSERVES A CHANCE”
Decriers of human rights – Islamic the ruling classes: Grounded in the Qur’an and Islamic legacy, Islam has time-honored certain inherent universal prerogatives for all people. In light of accelerating muggings on human rights across plentiful nations, the peril confronting personages who victor their universality has heightened. Advocates for human rights increasingly antagonize criminalization and legal accomplishment. They are lay open to to threats, fleshly assaults, and even slaying attempts. As we venerate the 17th anniversary of the UN declaration of human rights defenders, we must contemplate what additional trials can be taken to further buttress human rights and safeguard their victors. Human ignominy represents the innate value contemporary in every discrete. Human rights are grounded on veneration for the dignity and value of each person. Human dignity serves as the initial concept for human rights and the fountainhead from which the perception of human rights emanates. The most notorious provision of the Magna Carta;
Clause 40 of the Magna Carta states: “We will not peddle rights or justice to any person, nor will we deny or suspension them to anyone.”
In the face of this advancement, there is a growing gratitude of gender trepidations evident in reports from Superior Ways, human rights treaty bodies, and testimonials made by states in UN forums and regional human rights bulks. The preliminary action taken by some of these bulks was simply to include a allusion of ‘women’ in a document. Though, as Di Otto has emphasized, this alone “is insufficient to pledge the inseparability of women’s human rights without also make a speech the underlying causes of women’s banishment and segregation.”
There’s merit in considering individuals with prescribed equity—operational in a logical and estimative manner, forming public principles for both citizens’ comportment and officials’ retorts. These criteria serve as point of reference against which acquiescence or deviation can be gauged, rather than relying on flexible and potentially capricious conclusions. This crux establishes the essence of the “Rule of Law.” When indorsed, individuals face a governing bulk that regards them as cogent entities praiseworthy of respect. It unvaryingly applies whatever standards of behavior and assessment it hires. This holds candid and independent assessment, even if the authentic actions embark on fail to meet any pertinent standard of substantive impartiality.
EX MERO MOTU-“of one’s own free will”
The shrewdness necessitating the type of respect showcased in the system of belief of the rule of law isn’t chiefly the sagacity expediting the resolution of scientific puzzles. Instead, it’s the rationality allowing us to determine that carefully worked-out puzzles are meant to be engage in.
Where the regulation of law is advocated, there exists between those in buff and those governed a particular interchange. This communal altercation will undoubtedly prove constructive in achieving certain required objectives for which it obliges as a system. I’m thinking, for case in point, of a number of aspects of communal organization, such as efficiency in supervision and/or providing public amenities, and political steadiness, especially during thought-provoking times. However, Plato’s argument, which I find no goal to question, is the ethical-philosophical contention that, considering the innate worth of individuals, this type of reciprocity surpasses being merely a method for other goals. Consequently, it should be shielded and stimulated whenever feasible, and it should not be readily forfeited, even for the sake of other noteworthy goods.Top of Form
LEGAL ASPECTS:
Section-96(A) Pakistan Penal Code, 1860: ENCITING OT TAKING AWAY OR DETAINING WITH CRIMINAL INTEND A WOMEN: Whoever takes or entices away any women with intend that she may have illicit intercourse with any person, or conceals or detain with that intend any women, shall be punished with imprisonment of either description for a term which may extend to seven years, and shall also be liable to fine.
Article 14 of constitution of Pakistan 1973: This constitutional article ensures that dignity of man and, subject to law, the privacy of home, shall be inviolable.
Article 27 of the constitution of Pakistan 1973: Safeguard against Discrimination against Services:
No citizen otherwise qualified for appointment in the services of Pakistan shall be discriminated against respect of any such appointment on the ground only of race, religion, caste, sex, residence or place of birth.
Nations are tasked with wipe out barriers hindering women’s equal chipping in in social sanctuary programs that link benefits to influences, or crafting benefit chaos that consider such barriers to thwart gender-based incongruities. Additionally, countries must factor in differences in life bated breath between men and women, as these can lead to bigoted practices in benefit division.
For instance, in January, Pakistan appointed Justice Ayesha Malik as the germinal female judge of the Supreme Court of Pakistan.
To end up, human rights and independences apply to every discrete as they stem from the native essence of Homo sapiens, heedlessly of a state’s legislation. Pakistan indorses the rule of law and hallows human rights and fundamental independences in its constitution. With an independent judiciary, the government of Pakistan inductees to uphold its legal and constitutional commitments.Top of Form
IGNORANCE OF LAW IS NO EXCUSE
Abdul Ghaffar Qureshi is the Managing Partner of Qureshi & Qureshi (Barristers, Advocates & Legal consultants). He is Advocate of High Courts of Pakistan and has Completed LLM from BPP University, London. Qureshi 7 Qureshi has been nominated for Global Recognition Awards 2024.
by Legalnaija | Sep 2, 2024 | Blawg
ILA CONGRATULATES PATRON, AARE AFE BABALOLA, SAN, OFR, CON, FKC, LL.D (LONDON), ON THE DECLARATION OF AFE BABALOLA DAY BY NIGERIAN MONARCH
The International Law Association (ILA) has congratulated the Chancellor and Founder of Afe Babalola University, Ado Ekiti (ABUAD), Aare Afe Babalola, SAN, OFR, CON, LLD (London), on the royal proclamation of October 18 as Afe Babalola Day.
Recall that on 23rd August 2024, revered Nigerian monarch, the Ewi of Ado Ekiti, His Royal Majesty, Oba (Dr) Adeyemo Adejugbe Aladesanmi III, CON, JP, by royal proclamation directed that: “The Pride of Ado Ekiti, Aare Afe Babalola should be honoured and celebrated with pomp and pageantry on every 18th day of October with effect from 2024 and this shall henceforth be celebrated annually…”
By this royal gesture, Aare Afe Babalola, SAN, OFR, CON, LLD, Founding Patron of the International Law Association, Nigeria; distinguished member of the Bar of England and Wales, a foremost lawyer and Senior Advocate of Nigeria, a philanthropist, winner of the African Man of the Year in Food Security (2014 and 2024), the Aare Baamofin of Yoruba Empire, a celebrated advocate of quality and functional education in Nigeria, former Pro-Chancellor of the University of Lagos, former Chairman of all Pro-Chancellors of Nigerian Universities and the Founder of the prestigious Afe Babalola University, Ado-Ekiti (ABUAD) ranked by Times Higher Education Impact Rankings as number one in Nigeria for impact for three consecutive years: 2022, 2023 and 2024, No. 4 in Africa, and No. 142 amongst the 2,152 universities ranked globally in 2024 – becomes only one of the handful of Nigerians ever to be so honoured.
The President of the International Law Association, Nigeria, who is also a United Nations Independent Expert, Professor Damilola S. Olawuyi, SAN, FCIArb, has consequently sent a letter of congratulations to the living legend and foremost mentor on this rare and prestigious honor.
According to Professor Olawuyi, SAN “Aare Afe Babalola’s remarkable journey as a renowned advocate, farmer, philanthropist, educator, bridge builder, author and global citizen is an inspirational example of everything we strive to do as international lawyers: to advance global peace, to empower, and to give back to the poorest of the society. His outstanding dedication to educational reform, relentless quest for justice, and exemplary devotion to lifting others through his matchless record of philanthropy make him a deserving recipient of such a rare and prestigious honour. We are so proud of our Patron, and we earnestly look forward to organizing a World Press Conference on October 18 to celebrate the Afe Babalola Day.” the Learned Silk concluded.
Founded in 1873 in Brussels, the International Law Association is a learned society dedicated to the study, clarification and development of international law and the advancement of peace, equity and justice worldwide. The Nigerian Branch regularly organizes conferences, workshops and events aimed at promoting the study, elucidation, and advancement of international law.
