#FlashbackFriday: In May 2024, TEMPLARS Associate, Onyinye K. Omenugha, ACIArb (UK), AICMC, a recipient of The Diana Award for global social impact and humanitarian efforts, was invited by Diana Award CEO, Dr Tessy Ojo CBE, to join the team that welcomed the Duke and Duchess of Sussex, Prince Harry and Meghan Markel, during their recent visit to Lagos, Nigeria. The Diana Award was established in 1999 in memory of Princess Diana, the Princess of Wales, and was launched by former UK Prime Minister Gordon Brown with the support of her sons, HRH The Prince of Wales and The Duke of Sussex. See Photos below: - The Duke and Duchess of Sussex, Prince Harry and Meghan Markel, flanked by Onyinye Omenugha and other Nigerian Diana Award recipients. - Onyinye Omenugha .................................................................. #DianaAward #SocialImpact #HumanitarianEfforts #RoyalVisit #Community #PrinceHarry #MeghanMarkle #GlobalRecognition #Empowerment
TEMPLARS
Law Practice
Victoria Island Annexe, Lagos 29,693 followers
A leading African law firm offering innovative legal solutions to diverse clients' business challenges.
About us
We are a leading African law firm, advising clients across sectors and geographies to provide innovative solutions to their most pressing business challenges. Our extensive understanding of the commercial landscape allows us to advise on the most effective deal structures to give our clients a competitive edge. Our work is divided into five broad practice areas: Energy & Natural Resources, Finance, Corporate & Commercial, Dispute Resolution and Tax. We have offices in key commercial centres in Nigeria and Ghana: Lagos, Abuja, Port Harcourt and Accra. Our firm is made up of 21 partners and over 100 lawyers across Nigeria and Ghana. For over 27 years, we have handled some of the most complex, game-changing business transactions in Nigeria across several industries. To us, everything matters when it comes to the manner in which we support our clients. We operate as a firm that is friendly, accessible and easy to do business with. Our priority is our clients – listening to them, understanding their business needs and providing strategic legal solutions for them. TEMPLARS lawyers are resourceful, practical and globally-minded people, with several years of experience in analysing business problems from a commercial perspective and proffering shrewd legal solutions. We believe the quality of our people, our in-depth experience and commitment to teamwork with our clients distinguish our services in our field, as confirmed by our consistently top legal rankings, some of which feature in: Chambers Global Guide IFLR 1000's Guide to World’s Leading Law Firms Legal 500
- Website
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http://www.templars-law.com
External link for TEMPLARS
- Industry
- Law Practice
- Company size
- 51-200 employees
- Headquarters
- Victoria Island Annexe, Lagos
- Type
- Partnership
- Founded
- 1995
- Specialties
- Energy & Projects, Corporate Commercial, Taxation, Dispute Resolution, Finance, Immigration and Labour, TMT & IP, and Transportation
Locations
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Primary
5th Floor, Octagon Building
13 A.J. Marinho Drive
Victoria Island Annexe, Lagos 23401, NG
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No 6 Usuma Close, Off Gana Street Maitama
Abuja, FCT, NG
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1 Labone Link
Labone, Accra GL-027-0268, GH
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28 Tombia GRA, Phase 2
Port Harcourt, Rivers State, NG
Employees at TEMPLARS
Updates
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Join TEMPLARS Partner, Sesan Sulaiman, as she moderates a discussion on "Clawing Back Extraordinary FX Gains: Frank Conversations on Proposed Windfall Tax on Banks" in the fifth episode of season three of the Nigerian Bar Association Section on Business Law (NBA SBL) Business Law Weekly session. Date: 8 August, 2024 Time: 2:00 PM - 3:30 PM (WAT) Join Here: https://lnkd.in/dfRwM2M8 The NBA-SBL Business Law Weekly session aims to facilitate insightful discussions, share expert perspectives, and provide a platform for in-depth analysis of significant business law topics. The NBA SBL, a division of the Nigerian Bar Association, is dedicated to enhancing the growth of Nigerian business lawyers, fostering a strong community of legal professionals, and continuously improving the quality and practice of business law in Nigeria. .............................................................. #BusinessLaw #FXGains #WindfallTax #Tax #NigerianLaw #Finance #LegalDiscussions #LawPractice #LegalInsights
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In a significant move to bolster Nigeria's cybersecurity framework, TEMPLARS Partner, Emmanuel Gbahabo, CCEP-I, Senior Associate, Lawal Kazeem, ACIArb, and Associate, Christiana Ufomba (AICMC) explore the recent amendments to the Cyber Crimes Act of 2015 in their latest thought leadership article, "Cybercrimes (Prohibition, Prevention, etc.) (Amendment) Act 2024." These amendments introduce crucial changes that affect both individuals and businesses. For businesses, the new regulations mandate updating data protection policies and implementing advanced security measures. Individuals must exercise increased caution in their digital activities to remain compliant. The article highlights the importance of regular cybersecurity audits, comprehensive staff training, and stringent access controls for businesses. For individuals, staying informed about the latest cybersecurity best practices is essential. These amendments represent a significant step forward in strengthening Nigeria’s cybersecurity landscape. However, navigating these changes requires careful attention to avoid potential pitfalls. Dive deeper into the implications of these amendments and how they affect you. Read the full article here: https://lnkd.in/dMi8xyxu ............................................. #Cybersecurity #Nigeria #CyberCrimesAct #DataProtection #DigitalSecurity #BusinessCompliance #ThoughtLeadership #LegalUpdate #CyberSecurityLaw #TechLaw #CyberThreats #SecurityAmendments #TechRegulation
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#FlashbackFriday to the TEMPLARS co-sponsored 14th Annual Maritime Law Seminar, themed "Revitalising Nigeria's Maritime Industry for Sustainable Prosperity and Global Competitiveness," held in Lagos, Nigeria, on 19 July 2024. TEMPLARS Partner, Inam Wilson, SAN, was a panelist in a session titled "Revitalising Admiralty Practice in Nigeria," where he discussed key strategies for improving legal frameworks and practices. Associates, Mariam Adebayo and Orumen O. Ojeaburu, were also in attendance. The Seminar aimed to explore innovative solutions and policies to enhance the Nigerian maritime sector's global competitiveness and sustainable growth. The Nigerian Maritime Law Association (NMLA) promotes the study and practice of maritime laws to establish uniform standards and facilitate trade. It collaborates with industry and government to influence maritime policy and legislation, contributing to Nigeria’s maritime industry development. See photos from the event (L-R): - Inam Wilson, SAN speaking on the Revitalising Admiralty Practice in Nigeria Panel - Nigeria Maritime Law Association President, Funke Agbor presenting an award to Inam Wilson, SAN - TEMPLARS delegates; Orumen Ojeaburu, Mariam Adebayo, and Inam Wilson, SAN ................................................... #MaritimeLaw #NigerianMaritimeIndustry #SustainableGrowth #GlobalCompetitiveness #NMLA #MaritimePolicy #AdmiraltyPractice #InnovationInMaritime #NigeriaLaw #TradeFacilitation
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On July 30, 2024, the Federal High Court of Nigeria ruled that private companies incorporated before the Companies and Allied Matters Act 2020 (CAMA 2020) can transition to a single shareholder structure. The court found the previous refusal by the Corporate Affairs Commission (CAC) to allow such transitions for pre-CAMA 2020 companies to be discriminatory and contrary to the intent of CAMA 2020. The court clarified that the single shareholder structure is permissible for all private companies, including those incorporated before CAMA 2020, and mandated the CAC to accept and process share transfer filings resulting in single shareholders for pre-CAMA 2020 companies, pending any appeal. For more information, contact TEMPLARS Partner, Ijeoma Uju, and Managing Counsel, Adenike Oyeledun. Click the link to read the full article: https://lnkd.in/d-BQym5a ................................... #CorporateLaw #BusinessLaw #CAMA2020 #Shareholding #SingleShareholder #NigeriaLaw #CompanyLaw #LegalReform #FederalHighCourt #Judgment #CorporateAffairsCommission #EaseOfDoingBusiness #PrivateCompanies
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In this maiden edition of the TEMPLARS Capital Markets Digest, the Finance Practice Group introduces a bi-annual publication centered on the evolving capital markets landscape of Nigeria. The Digest provides a curated selection of recent updates and pivotal developments in the sector. Read more:https://lnkd.in/g9CwrmzB ................................................................. #CapitalMarkets #Banking #Finance #Law #RegulatoryUpdate #Securities #Investment #NigeriaBanking #CorporateLaw #FinancialRegulation #DebtSecurities #AuditCompliance #DigitalAssets #PrivateCompanies #EnterpriseRiskManagement #InvestorConfidence #CapitalRaise #MergersAndAcquisitions #CorporateGovernance #Recapitalization
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TEMPLARS Partner, Yemisi Awonuga, and Associate, Nabila Gaduya, offer an in-depth analysis of Nigeria's Domestic Gas Pricing Framework and the significance of the recently announced Domestic Base Price to Nigeria’s Domestic Gas Market. The publication discusses the regulated domestic gas market and the interplay between the Domestic Base Price and the pricing framework for this market. To ensure supply to the strategic sectors within the regulated market and to provide a pathway for determining the gas supply curves, the Domestic Gas Pricing Framework places gas delivery obligations on upstream producers and imposes reporting obligations on stakeholders in relation to gas sales conducted and the corresponding contract prices. The publication also highlights the role of the Nigerian Midstream and Downstream Petroleum Regulatory Authority (NMDPRA) in determining the Domestic Base Price and the anticipated transition to a free-market status. Read the full publication: https://lnkd.in/d8tuJ88J *********************************** #GasPricing #NigeriaEnergy #DomesticGasMarket #Energy #OilAndGas #NigeriaEconomy #PetroleumRegulation #EnergyPolicy #Gas #GasSupply #GasMarketAnalysis #NMDPRA #EnergyTransition #DomesticBasePrice #EnergyFramework #DomesticGasPricing
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The article by TEMPLARS Partner, Godwin Omoaka, SAN, FCIArb, and Senior Associate, Chidiebere Ejiofor, examines the methods of winding up under Nigerian insolvency law according to the Companies and Allied Matters Act, 2020 (CAMA). These methods include voluntary winding up, winding up by the court, and winding up under the court's supervision. The article explains the significance, legal implications, and comparative advantages of these modes of winding up. For instance, voluntary winding up provides a more private process with minimal court involvement but offers less asset protection. On the other hand, court-supervised winding up provides stronger asset protection and stays ongoing legal proceedings but involves lengthier and contested procedures. The article stresses the importance for companies considering winding up to carefully evaluate the legal implications and advantages of each method before making a decision on which mode to choose. Read the full publication: https://lnkd.in/db9_anBQ ........................................................... #InsolvencyLaw #WindingUp #CAMA2020 #CorporateLaw #BusinessLaw #VoluntaryWindingUp #CourtSupervisedWindingUp #AssetProtection #NigerianLaw #CorporateGovernance #CompanyDissolution
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In this publication, TEMPLARS Partner Cyriacus Orlu, Managing Counsel Oghomwen Akpaibor, CIPM, and Associate Francis Jarigo highlight the challenges of conflicting data retention periods mandated by Nigerian laws like the Data Protection Act, Labour Act, and Cybercrimes Act. These laws often clash with the Freedom of Information Act, complicating organisational compliance with legal requirements. The article explores the difficulties organisations face due to these discrepancies. The authors recommend adhering to data retention laws and maintaining evidence of data destruction to demonstrate compliance and mitigate legal risks. They suggest that courts will likely favour specific data retention statutes over general disclosure laws. For a detailed guide on navigating these legal complexities, read the full article: https://lnkd.in/deEMAK_p .................................................... #DataProtection #LegalCompliance #NigerianLaw #DataRetention #CybercrimesAct #LabourAct #FreedomOfInformation #LegalGuidance #ComplianceChallenges #DataPrivacy #LegalExperts #DataSecurity #RiskManagement #InformationGovernance
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This Client Alert addresses recent developments in advertising, consumer protection, data protection, and privacy regulations in Nigeria. On 19 July 2023, the Federal High Court in Abuja struck out the Advertising Regulatory Council of Nigeria (ARCON)'s N30 billion lawsuit against Meta Platforms Inc. for unvetted advertisements. This decision suggests potential negotiations or future legal actions, and the proposed amendment to the ARCON Act may exempt digital ads from vetting requirements, thereby benefiting digital advertisers. In addition, the Federal Competition and Consumer Protection Commission (FCCPC Nigeria) found Meta Platforms Inc. and WhatsApp LLC guilty of violating consumer protection and data privacy laws, imposing a $220 million penalty. We understand that Meta Platforms Inc. plans to appeal this decision. These recent developments bring to the fore, compliance obligations imposed on digital service providers, who must now carefully navigate the regulatory space to avoid significant fines. For assistance, please contact our Partner, Ijeoma Uju, Managing Counsel, Oghomwen Akpaibor, CIPM and Senior Associate, Okabonye Chukwuani. Read publication: https://lnkd.in/dMtN_4D9 .................................................... #RegulatoryUpdates #Nigeria #AdvertisingLaw #ConsumerProtection #DataPrivacy #DataProtection #LegalUpdates #Compliance #DigitalAdvertising #LegalServices #FCCPC #ARCON #PrivacyLaw
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