Paper Series VI deals with company voluntary arrangement, which essentially is a procedure that allows a company to settle debts by paying only a proportion of the amount that it owes to creditors and to come to some other arrangement with its creditors over the payment of its debts. It examines...

Some brand-new and innovative provisions in the Companies and Allied Matters Act, 2020 (‘the Act’) with enormous implications for a company's corporate financing strategy are those on the substantial property or asset transactions involving directors, controlling members etc. The Act also...

As part of its corporate financing strategy, a company may raise capital through debt securities and these could be by mortgage of real property or chattels, debenture, bond, promissory notes, and bill of exchange made or accepted on behalf of the company by an authorized person etc.For purposes...

Paper Series IV is the centrepiece of this Paper Series that evaluate the new Companies and Allied Matters Act 2020 and its innovations and the implications they have for corporate finance and securities transactions, given that it considers company’s securities, which are the financial...

The CBN recently re-introduced a cashless policy, which is aimed at promoting development and the modernisation of our payment system, reducing the cost of banking services through the provision of more efficient transaction options; and also serve as means of curbing inflation and boasting...

The Supreme Court of Ghana had on May 16, 2012, in the case of Attorney General v. (1) Balken Energy Ghana Ltd (2) Balken Energy LLC and (3) Mr Philip David Elder, lent its voice to the vexed issue of when a business transaction in Ghana would be considered or categorized as “international”...

This paper seeks to evaluate the UNEP FI Principles for Responsible Banking and the Code of Corporate Governance by identifying areas of convergence and divergence as they relate to issues of responsible banking and adherence to acceptable ethical standard and best practice; as well as benefits...

The Court of Appeal of Nigeria was recently called upon to determine the question of whether the entire provision of the Taxes and Levies (Approved List for Collection) Act 2004 is ultra vires the Constitution and therefore null and void by reason of the ouster clause at the beginning of the...

Corporate finance and securities transactions are carried out predominantly by non-natural juristic persons, corporate and sovereign owned entities. Considering that they are not natural persons with legal capacity, a lot depends on their legal status and constituting documents. Whether it is a...

With the increasing sophistication of the global financial markets, comes the need for domestic financial markets to develop their architecture and infrastructures to support requisite advancement as well as align with international standards, thus the enactment of new companies’ legislation...