The regulatory oversight for mergers and acquisitions in Nigeriais vested in the Federal Competition and Consumer ProtectionCommission (the “Commission” or “FCCPC”) by virtue ofthe Federal Competition and Consumer Protection Act 2018(“FCCPA” or “Act”). Click Here to read more or Download
More →The World Bank has estimated that micro, small and medium sized enterprises (MSMEs) represent over 95% of enterprises and account for more than 60% of employment worldwide. With limitations regarding their ability to self-protect against insolvency risk, their susceptibility to systemic demand and supply shocks, their limited capital reserves and their level of debt overhang, …
More →With the advent of CAMA 2020 on January 1, 2021, and the introduction of new business rescue procedures: Company Voluntary Arrangement (CVA) and Administration, some entities in Nigeria have taken steps to utilise these procedures to improve or save their businesses from financial distress. CVA with its minimal court interference procedure, offers the directors of …
More →Authors – Nnamdi Oragwu, Patience Obiagbaoso and Favour Babajamu Introduction Generally, the basis for imposing and collecting personal income tax under the Personal Income Tax Act as amended (PITA) in Nigeria is classified into two viz the residence and source. On this premise, income derived from, received in or brought into Nigeria are chargeable to …
More →In this chapter, Our Senior Partner explains that, though the market is nascent, rescue finance is possible in Nigeria through certain provisions in the Companies and Allied Matters Act 2020 (which introduced CVAs and administration, with implications for post-commencement financing and, therefore, rescue finance), in addition to finance advanced by the Asset Management Company of …
More →Read our contribution to the International Comparative Legal Guide on a practical cross-border insight into Merger Control Laws and Regulation in Nigeria.
More →There have been significant changes in the Nigerian Insolvency Framework in the last 12 months owing to the introduction of the Companies and Allied Matters Act, 2020 (“the New CAMA”) which came into force on January 1, 2021. Prior to the advent of the New CAMA, the framework for insolvency under the 1990 CAMA focused …
More →Read our recent contribution to Lexology Getting the Deal Through by our Senior Partner, Anthony Idigbe SAN, Partner, Ebelechukwu Enedah and Senior Associate, Tobenna Nnamani answer questions and analyse Securities Litigation in Nigeria. Read full chapter here
More →The aviation industry contributed 0.14% to the nations GDP in the year 2019. The industry has contributed immensely to the growth of the economy with the creation of jobs, attraction of foreign investments and the development of other sectors. Air transport is the most preferred means of transportation in Nigeria- despite the higher price tag, …
More →The new CAMA 2020 is not an amendment of the old CAMA, it is an Act to repeal the Companies and Allied Matters Act, Cap. C20, Laws of the Federation of Nigeria, 2004 and enact the Companies and Allied Matters Act, 2020. This report seeks to address the impact of the Act on foreign private …
More →
A Licensed Data Protection Compliance Organization.
PUNUKA Attorneys & Solicitors is registered and regulated by the Securities and Exchange Commission, Nigeria.
