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  • May 15, 2020

    Highlights From the PUNUKA Attorneys & Solicitors Webinar on the Future of Work Post COVID-19

    In commemorating International Workers’ Day, we organized a webinar themed, “The Future of Work Post Covid-19” on May 1, 2020.From the engaging discussion and insightful contributions of the panelists, we came to some resolutions. Read the highlights here

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  • May 11, 2020

    Accessing the Fiscal Reliefs Geared Towards Cushioning the COVID-19 Effect on Businesses

    In the bid to cushion the effects of the COVID-19 pandemic ravaging the world with attendant impact on businesses and economies of nations, several fiscal measures have been put in place by relevant government agencies in Nigeria. Below, we give an overview of these measures and how you can maximize them for competitive and business …

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  • May 6, 2020

    Impact Of COVID-19 on the Computation of Time Under Nigerian Law

    The outbreak of COVID 19 in Wuhan, China sometime in December 2019, the eventual declaration of the virus as a pandemic in March 2020 by the World Health Organisation, and the discovery of first case in Lagos State led to unprecedented lockdown measures initially in 3 states and subsequently majority of the States of the …

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  • April 29, 2020

    From Covid-19 with Love: The new ground zero for sports contracts [1]

    Introduction The COVID-19 pandemic has become one of the most significant events defining the 21st Century. The outbreak of this virus has affected every sector of the society. In setting the tone for the discussion, it is essential to understand the key concepts of the topic under discourse. Coronaviruses are a group of viruses that …

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  • April 28, 2020

    COVID-19 Pandemic and Holding Annual General Meeting – Corporate Affairs Commission Guidelines on Holding of Annual General Meetings (AGM) of Public Companies Using Proxies

    On the 26th of March 2020, the Corporate Affairs Commission issued a public notice to guide Public companies on the conduct of the Annual General Meeting. This notice is intended to enable Public companies still conduct the compulsory Annual General Meetings irrespective of the COVID-19 pandemic and restrictions on movement imposed by the Government. The …

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  • April 28, 2020

    COVID-19 PANDEMIC AND HOLDING ANNUAL GENERAL MEETING – CORPORATE AFFAIRS COMMISSION GUIDELINES ON HOLDING OF ANNUAL GENERAL MEETINGS (AGM) OF PUBLIC COMPANIES USING PROXIES

    Following the outbreak of the coronavirus/COVID-19 and the efforts by various governments all over the world to curb the spread through restrictions of movement; the Corporate Affairs Commission (CAC) has taken the initiative to guide Public companies whose Annual General Meetings (AGMs) are due on how to hold such meetings. By a notice on its …

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  • April 28, 2020

    THE COVID 19 DIRECTIVES OF THE CHIEF JUSTICE OF NIGERIA AND STATE OF THE JUDICIARY

    Introduction The COVID 19 pandemic has raised great challenges in the Nigerian judiciary system vis a vis the containment measures being issued and the need for an efficient and prompt administration of justice/resolution of disputes. This article intends to provide an update on the state of the judiciary in a COVID-19 environment and contribute in …

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  • April 27, 2020

    FINANCIAL REPORTING COUNCIL GUIDANCE ON THE IMPACT OF COVID-19 ON FINANCIAL REPORTING OF ENTITIES IN NIGERIA

    The Financial Reporting Council (FRC) recently issued Guidance dated April 22, 2020, for the directors and those charged with governance to assess the risk of COVID-19 at an early stage of the financial reporting and audit process concerning the preparation of financial reporting (quarterly, interim and annual) ending on or after January 1, 2020, and …

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  • April 21, 2020

    Global Guide: Measures Adopted to Support Distressed Businesses Through the COVID-19 Crisis – INSOL & WORLD BANK GROUP

    Across the globe, the effects of reduced demand, disrupted supply chains and tighter liquidity resulting from the COVID-19 pandemic is causing significant financial distress for all kinds of businesses. Read our contribution for Nigeria to the INSOL International and the World Bank Group jointly produced Global Guide which  highlights some of the primary measures that …

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  • April 15, 2020

    COVID-19: A Tsunami Effect on Commercial Activities and Regulatory Compliance

    Introduction The chain reaction and disruption by the COVID-19 pandemic is not restricted to mankind but to Governments, regulation, contracts and businesses (including law firms and service-based business). The update below will consider these and possible palliatives COVID 19 and Commercial Contracts Whilst the law is designed to uphold the sanctity of consensual executory contracts[1] …

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