Category: Analysis

Dede Law and Business Series: The Use of Budget Planning in Shipping Business (1)

Posted on By Halima Abiola No Comments on Dede Law and Business Series: The Use of Budget Planning in Shipping Business (1)

By Foluke Akinmoladun For a shipping company, its ability to be a going concern, that is, be solvent and profitable into the foreseeable future, is important to its owners, shareholders, agents, staff, crew , customers and the flag nation. To ensure that the company is profitable now and in the foreseeable future, the owners and…

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Analysis, Maritime

Dede Law and Business Series: The Roles and Responsibilities of the Main Parties to a Syndicated Loan for Financing Vessel Purchase and/or Operations (2)

Posted on By Halima Abiola No Comments on Dede Law and Business Series: The Roles and Responsibilities of the Main Parties to a Syndicated Loan for Financing Vessel Purchase and/or Operations (2)

The term sheet details the amount of the loan, repayment schedule, interest rate, duration of the loan and any other fees related to the loan. The arranging bank holds a large proportion of the loan and as the lead manager will be responsible for distributing cash flows among the other participating lenders. In order to avoid…

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Analysis, Maritime

2023 Presidential Election: INEC Walked on a Slippery Path, Electronic Transmission of Results a Must

Posted on By Halima Abiola No Comments on 2023 Presidential Election: INEC Walked on a Slippery Path, Electronic Transmission of Results a Must

Introduction It is no news that the 2023 presidential election has been concluded and winners returned elected. Unexpectedly, the outcome of the election left many in awe, wondering on the credibility of the poll as the major innovation aimed at curbing electoral malpractices of any magnitude was not substantially complied with by the electoral umpire….

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Analysis

Whether Section 8(8) of the NBA Constitution is Self-executing on Loss of NBA-NEC Membership (Part 1)

Posted on By Halima Abiola No Comments on Whether Section 8(8) of the NBA Constitution is Self-executing on Loss of NBA-NEC Membership (Part 1)

By Sylvester Udemezue INTRODUCTION The present commentary represents my humble, personal opinion on whether or not provisions of section 8(8) of the Constitution of the Nigerian Bar Association (NBA), 2015 are self-executing. MEANING OF “SELF-EXECUTING” According to Cornel University’s Legal Information Institute, self-executing is used to refer to something or a provision that goes into…

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Analysis, NBA News

Concept of Rotational Presidency in NBA National Elections and Burden on the ECNBA 2022 to Administer Applicable Rules Strictly and Firmly 

Posted on By Halima Abiola No Comments on Concept of Rotational Presidency in NBA National Elections and Burden on the ECNBA 2022 to Administer Applicable Rules Strictly and Firmly 

By Sylvester Udemezue Abstract In this commentary, the author dispassionately examines the origin, essence and operation of the concept of presidential power-rotation within the Nigerian Bar Association (NBA) as well as recent developments and efforts made by the leadership of the NBA to ensure sustenance of the concept, and then makes recommendations to the Electoral…

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Analysis, NBA News