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Author: Stephen Azubuike

How the Use of Emoji in Electronic Communication Can Lead to a Binding Contract
Technology Law July 22, 2023

How the Use of Emoji in Electronic Communication Can Lead to a Binding Contract

One of the trends in electronic communication in today’s world is the use of emoji. An emoji has been defined as “a digital image that is added to a message in electronic communication in order to express a particular idea or feeling.”

The Role of Centralized Crypto Exchanges in Sanitizing the Crypto Market: Lessons For Nigeria
Blockchain Technology Technology Law July 2, 2022

The Role of Centralized Crypto Exchanges in Sanitizing the Crypto Market: Lessons For Nigeria

According to the Chainalysis Crypto Crime Report 2022, about $8.6bn worth of cryptocurrency were laundered in 2021, which means a 30% increase from the 2020 report.

As we observed in the introductory paragraphs, KYC, AML/CFT controls are some of the effective ways centralized exchanges are combating fraud and other criminal activities like money laundering, terrorism financing, scams, ransomware, etc. To set up adequate rules and protocols, centralized exchanges often rely on the services of data analytics experts (including legal experts) to ensure that where and when necessary, there is due compliance with the law and relevant rules and regulations in operation within a given jurisdiction as well as international standards and practices. 

Crypto Lending: Using Cryptocurrency as Security for Fiat Loans and the Status of Cryptocurrency in Nigeria
Blockchain Technology Startups Technology Law June 2, 2022

Crypto Lending: Using Cryptocurrency as Security for Fiat Loans and the Status of Cryptocurrency in Nigeria

Stephen Azubuike Introduction  Beyond the mere promise to repay loans, prudent business entities and financial institutions generally rely on security in advancing loans to borrowers. The idea of security is the underlying assurance tied to something of value which flows.. Read more

One-person Company in the New CAMA: A Bow to an Existing Practice
Corporate Law & Practice August 25, 2020

One-person Company in the New CAMA: A Bow to an Existing Practice

by Stephen Azubuike By the provisions of section 18(2) of the Company and Allied Matters Act 2020 (“CAMA 2020” or “the New CAMA”), the Nigerian Legislature merely bowed to the already existing practice of one-person company ownership in the country.. Read more