ǼLEX law firm is one of the largest most diversified law practices in West Africa.
It providescorporate and commercial legal services that include, transactional, regulatory and policy matters. Litigation and dispute resolution services in the corporate and commercial space are also offered.
Clients are predominantly multinational companies. They include banks and multilateral lenders, oil and gas companies, oil service companies, telecommunication companies, insurance companies, trading and manufacturing conglomerates, project owners, EPC contractors, airlines and shipping companies. It also advises foreign embassies, multilateral agencies and chambers of commerce.
Its lawyers are admitted to practice in several jurisdictions including Nigeria, New York, Texas, Ghana, England and Wales. Its lawyers are also qualified in political science, economics and engineering disciplines and posses skills and experience from their involvement in major transactions and projects.
Regular interaction with industry operators means advice is offered in anticipation of, and consistent with, changes in policy and regulation.
Global Rankings and Accolades
ǼLEX has frequently achieved top tier rankings by international directory platforms including: Legal 500, Chambers Global Guide, IFLR 1000's Guide to World’s Leading Law Firms and the Who’s Who Legal Nigeria Firm of the Year (this was achieved a record five consecutive times).
***An overview of Big Data and data protection in Nigeria
The world contains an unimaginably vast amount of digital information and its huge value has made it attractive to governments, companies and even hackers. In this article, Davidson Oturu, a partner at ǼLEX Legal Practitioners and Arbitrators, gives a summary of where Nigeria stands on data protection and privacy. He notes that data protection is an extension of a citizen’s right to privacy under the Nigerian Constitution. He also highlights other laws and regulations on data protection and concludes that all transactions on personal data must comply with the existing regulations.
Strong Men vs Strong Institutions: Strengthening Democracy in Africa.
The ǼLEX annual lecture, themed Strong Men vs Strong Institutions: Strengthening Democracy in Africa, was held on July 3, 2019 at the Muson Centre in Lagos.
The guest speaker was Professor Patrick LO Lumumba, former Director of Kenya’s Anti- Corruption Commission and the Kenya School of Law, while the Hon. Justice Aloma Mariam Mukhtar, former Chief Justice of Nigeria, chaired.
The lecture is among the biggest Corporate Social Intervention projects by a law firm in Nigeria due to the nature of topics addressed.
In 2019, the brand of democracy obtainable in Africa was examined through the topic “Strong Men vs Strong Institutions”. Some of the leadership challenges faced by African countries were discussed by the panel with a view to proffering solutions.
Watch Professor Patrick LO Lumumba's interview with ARISE TV about the eventhere
***Fintech Regulations in Nigeria – An Overview (Part 1)
There is a misconception that there are no FinTech Regulations in Nigeria simply because there are currently no regulations with the word ‘FINTECH’ written boldly on their covers. In this article Davidson Oturu, Hannatu Dan-Habu and Kanyinsola Ojeshina, of ǼLEX Legal Practitioners and Arbitrators, unite to consider what legislations exist and how regulators, such as the Central Bank of Nigeria and the Securities and Exchange Commission are exploring ways to adequately regulate FinTech companies operating in Nigeria.
***Fintech Regulations in Nigeria- An Overview (Part 2)
Fintech testing and data protection are front of mind for Nigerian regulators. ǼLEX partner Davidson Oturu works with Associates Hannatu Dan-Habu and Kanyinsola Ojeshina to reflect on existing laws affecting Fintech and warns that there are more to come.
***A Discourse on the Intellectual Property Aspect of Big Data
Big Data is the new oil, writes ǼLEX's Ademola Adeyoju. As it swells to a size almost incomprehensible to human thought, so too will the law need to keep pace with the challenges it presents. Intellectual property and privacy laws and business processes will need to be adjusted to keep pace but, maybe, entirely new systems are needed to cope with the prospects and challenges it presents.
***Central Bank’s Regulations on End-To-End Electronic Payments
The Central Bank of Nigeria (CBN) recently released the Regulations on End-to-End Electronic Payments for various transactions. Electronic payments drive economic growth and these regulations seek to keep Nigeria at pace with global trends. In this article Tobiloba Oluleye, an associate at ǼLEX Legal Practitioners and Arbitrators, provides an analysis of these regulations. She concludes that, although they are a welcome development, compliance might be a challenge and the CBN will need to adopt measures to drive compliance.
***A Quick Guide to Compliance with the Nigeria Data Protection Regulation
In this quick guide to being compliant with Nigeria‘s data protection regulations, ǼLEX Associate Florence Bola-Balogun explains how shifts in global privacy protection have propelled Nigeria to impose its own new rules. She offers step-by-step guidance to organisations on how to become compliant.
***ǼLEX recognised as Nigerian ‘Law Firm of the Year’ by Who’s Who Legal(WWL) 2019
We are delighted to announce that ǼLEX has, once again, been recognised as Nigeria’s ‘Law Firm of the Year’ by Who’s Who Legal (WWL).
The firm was recognised at the WWL’s sixth annual ceremony held on May 16, 2019 at the Gibson Hall in London.
This is the sixth time the firm has won this award - recognition for its exceptional quality of work over the past year.
Partner, Davidson Oturu, received the award on behalf of the firm.
Partner ‘Soji Awogbade, who heads the firm’s Energy Practice, was recognised as one of the Thought Leaders Global Elite for Energy law from Nigeria.
ǼLEX Managing Partner, Theophilus Emuwa, said it was an honour to be recognised again by Who’s Who Legal as the top law firm from in Nigeria.
“We understand that this recognition speaks to the quality of legal services we deliver,” he said.
***Spotlight on the African Continental Free Trade Agreement
The African Continental Free Trade Agreement is intended to stimulate economic growth by encouraging trade between African nations. However, Nigeria, which has the biggest economy on the continent, has not yet bought into the idea. ǼLEX's Tobiloba Oluleye explains the thinking behind Nigeria’s cautious position.
***Facebook to launch its Digital Currency, Libra. Implications for Africa
The launch of Facebook’s cryptocurrency might herald a new way of doing global business but there are some big questions that still need answers. ǼLEX associates Hannatu Dan-Habu, Tobiloba Oluleye and Kanyinsola Ojeshina look at the hard issues in this analysis of the new “Libra” coin.
The taxman could soon use citizens‘ electronic banking information to ensure they are registered and paying tax in Lagos State. In this article, ǼLEX associate Florence Bola-Balogun outlines the motivation behind the move and the logistics that will impact bank clients.
Nigeria was a late starter in the introduction of laws to protect against financial cyber-crime but it is fast catching up. ǼLEX Legal Practitioners and Arbitrators associate, Florence Bola-Balogun, reflects on the Cybercrime (Prohibition, Prevention, Etc.) Act, 2015 against the backdrop of a fast-changing country. In this article she reminds the reader that Africa’s mobile economy will generate more than 7.9% of its GDP by 2025 – effectively impacting about 300 million people. It is therefore imperative that adequate regulation of the cyber space be carried out for all sectors of the economy and not just the banking sector.