Olaniwun Ajayi

Olaniwun Ajayi LP, the legal industry, and humanity itself, lost a Supernova.  Supernovas are rare, and Dr. KUK Ekwueme was in that league, one of a kind. Unmatched in brilliance, clothed in kindness, and towering in reputation. As we come to terms, we are consoled to know that your shine still luminates, now in heavenly realms. Goodnight Dr. KUK Ekwueme. . . . You can pay your tributes in the link provided below; drkuk.forevermissed.com

In Petrolex Oil & Gas Limited v. Energy Link Infrastructure Limited, the Federal High Court, Lagos, clarified that an arbitration clause in a charterparty agreement requires a genuine dispute to be activated. The ruling favored Petrolex Oil & Gas Limited, represented by Olaniwun Ajayi LP, highlighting that arbitration cannot shield defendants without valid disputes. Learn more about this precedent-setting decision: Visit our blog https://lnkd.in/dNbtUfeM ______________________________ #Arbitration #MaritimeDispute #DisputeResolution

Agent Banking involves financial institutions engaging agents to provide financial services to the public, thereby bringing banking services closer to communities, particularly people living in rural areas, semi-urban areas, and the unbanked and underbanked segments of the urban population. In this Fast Facts, our Technology, Innovation, and Fintech explores some of the regulatory obligations of an Agent and the activities they can and cannot engage in. For more information, please contact TIF@olaniwunajayi.net ___________________________________ #Fintech #FinancialServices #AgentBanking #TechLawyers #NigerianTech #NigerianTechLawyers #Compliance #OlaniwunAjayi

Our Team Lead, Celestina Nwabueze, and Senior Associate, Ogechi Onuoha, will be attending the twelfth Practical and Legal Exchange African Symposium (PLEASe) in Nairobi, Kenya, from November 20th to 22nd, 2024. PLEASe, hosted by Slaughter and May, brings together senior representatives from Africa’s leading independent law firms and multinationals with business interests in Africa. If you would like to meet with our representatives, please connect with them on LinkedIn. _____________________________________ #OlaniwunAjayi #LawFirmManagement #LegalBusiness

Today, at Olaniwun Ajayi LP, we celebrate Men worldwide. Your strength is beyond physical.  It is in how you strive every day to make the world a better place for the ones you love.  It is in how you are dogged, dependable, and dauntless in the pursuit of your dreams.  It is in the unseen struggles, the unheard battles you encounter and overcome. It’s in the stability and care you provide in homes and families where so many look up to you for direction and sustenance. It’s in the way you provide safety and protection for the vulnerable and less privileged.  It's in your ability to be vulnerable and accountable to those you cherish and value. The different shades of strength in You are seen and highly valued. Happy International Men's Day #PositiveRoleModels #IMD2024

Our latest infographic highlights key growth and production trends from the Nigeria Extractive Industries Transparency Initiative (NEITI) Report on Nigeria's solid minerals sector. With a notable increase in production, a rise in licenses, and influential market players, this industry is poised for significant advancements. Discover the trends, production gains, and leading contributors that are shaping the future of mining in Nigeria. For more details, feel free to reach out to our dedicated Mining & Metals Practice at Mining&Metals@olaniwunajayi.net. ______________________ #Mining #Nigeria #SolidMinerals #IndustryGrowth #MiningLawyers #NaturalResources #MiningLaw #MiningIndustry

The imposition of the Domestic Crude Supply Obligation (DCSO) by the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is integral to Nigeria’s journey towards self-sufficiency given that balance must be sought amongst the commercial goals of oil producers, the need for energy security and the optimal utilization of domestic refining capacity. Further to the Petroleum Industry Act, 2021 (PIA), the NUPRC issued the Production Curtailment and Domestic Crude Oil Supply Obligation Regulations, 2023 (the Regulations) and the Guidelines for the Operationalisation of Domestic Crude Oil Supply Obligation, 2024 (the Guidelines) (together with the PIA, the DCSO Framework) to provide a comprehensive blueprint for the implementation of DCSO.   In this issue, we explore critical provisions of the DCSO Framework, including its objectives and key compliance requirements for crude oil producers. _______________________________ #EnergyLaw #EnergyLawyers

The recent decision in Chanel v. WGACA serves as a pivotal moment in the ongoing dialogue surrounding trademark dilution through misrepresentation in advertisements. In an era where the integrity of a brand is paramount to its market success, this case underscores the vital role trademarks play in safeguarding a company's identity and consumer trust, clarifies the parameters of trademark enforcement in the advertising sphere and highlights the broader implications for luxury brands in a competitive marketplace rife with counterfeits and dilution of brand value. In this newsletter, our IP team examines the Chanel v WGACA case by spotlighting, inter alia, the first sale doctrine under the Lanham Act, as well as its latent applicability in Nigeria. 🔗 Read this newsletter here https://bit.ly/3CDeWjt We hope you find it an exciting read, as always. __________________ #IP #Trademarks #FashionLaw #IPLawyersinLagos #LawyersinLagos #BrandIdentity

The AML/CFT/CPF Compliance Masterclass for Nigerian Fintech Entities holds today at 11 am. Register here to attend: https://lnkd.in/dDKHY6PB _______________________ #FintechCompliance #FintechinNigeria #TechFounders #TechLaw

Olaniwun Ajayi, in partnership with Fintech Association Of Nigeria, presents a specialised AML/CFT/CPF Compliance Masterclass for Nigerian Fintech Entities. This masterclass will consider essential regulatory compliance topics tailored for the Nigerian fintech industry, covering Anti-Money Laundering (AML), Combating the Financing of Terrorism (CFT), and Counter-Proliferation Financing (CPF). It is crafted to equip executives with critical insights to strengthen their organisation's AML/CFT/CPF and navigate evolving regulatory requirements. Our Technology, Innovation and Fintech Team will facilitate this training. Training details:  Date: Wednesday, 13 November 2024 Time: 11:00 am   Mode: Virtual Secure a spot by registering here: https://lnkd.in/dWU2wufv #FintechNigeria #FintechCompliance #AMLCompliance #RegulatoryCompliance #NigerianFintech #OlaniwunAjayi #FintechNGR #ExecutiveTraining #VirtualMasterclass #AntiMoneyLaundering #FintechTraining