Not all stripes are Adidas stripes, a blow the renowned Sportswear company, Adidas, was dealt after it lost the trademark infringement lawsuit it filed against American luxury designer Thom Browne in 2021.
The Nigerian government has been working relentlessly to improve the ease of doing business in Nigeria. The Business Facilitation (Miscellaneous Provisions) Act, 2023 (“the Act”) is evidence of the continuous high-level commitment from the offices of the President and the Vice President to improve the business environment in Nigeria. It consolidates the last seven years of the Presidential Enabling Business Environment Council (PEBEC) led reforms and demonstrates the Administration’s sustained commitment towards making Nigeria a progressively easier place to start and grow a business.
Commercial disputes have always been an unavoidable element of doing business as parties to a mercantile contract or transaction would often find themselves in disagreement at some point during their dealings.
The Nigerian Electricity Regulatory Commission (NERC)” is the independent body established by section 31 of the Electric Power Sector Reform Act (“EPSR Act”) 2005 to undertake technical and economic regulation of the Nigerian Electricity Supply Industry.
The Companies and Intellectual Property Commission (“CIPC”), which administers about 2.1 million active companies in South Africa, has recently introduced the requirement for companies to register their beneficial owners (“BOs”) as part of their annual returns process. The introduction of BO registration is aimed at promoting transparency and combating financial crimes such as money laundering and corruption.