Financial Intermediation

How Best Can Lagos Create Taxable Value in the Mobility Tech Industry

1 min read

August 30, 2019

Minimum Viable Regulatory Considerations for Regulating Ride-Hailing Business in Lagos State Government Policy & Strategy for Ride-Hailing/Mobility Companies - Minimum Viable Regulatory Considerations

Olu A.

Olu A.

LL.B. (UNILAG), B.L. (Nigeria), LL.M. (UNILAG), LL.M. (Reading, U.K.)

Olu is a Partner in the Firm’s Transactions & Policy Practice. Admitted as a Barrister & Solicitor of the Supreme Court of Nigeria in 2009, he has spent over a decade advising clients on high-value transactions and policy matters at some of Nigeria’s leading law firms.

olu@balogunharold.com
Kunle A.

Kunle A.

LL.B. (UNILAG), B.L. (Nigeria), LL.M. (UNILAG), Barrister & Solicitor (Manitoba)

Kunle is a Partner in the Firm’s Transactions & Policy Practice. Admitted as a Barrister & Solicitor of the Supreme Court of Nigeria in 2009, he has spent over a decade advising clients on high-value transactions and policy matters at some of Nigeria’s leading law firms.

k.adewale@balogunharold.com

Related Articles

Financial Intermediation

Payment Transaction Data Localisation in Nigeria: New CBN Rules and Their Legal Implications

While the CBN payment transaction data directive appears straightforward, its legal implications depend on how its key requirements are interpreted and operationalised in practice.

Financial Intermediation

Data Reuse in Bank Financial HoldCos: CBN Ring-Fencing Considerations

As a commercial matter, treating customer data as a group-wide asset to enable backend database pooling, shared cloud infrastructure, and unified “super-app” ecosystems offers undeniable operational efficiency. However, the new regulations on ring-fencing propose that such cross-company sharing must strictly satisfy specific data protection requirements regarding data reuse and data segregation.

Financial Intermediation

Standby Letters of Credit and the Limits of the Autonomy Principle: Lessons from Celestial Aviation v UniCredit

The Supreme Court’s decision in Celestial Aviation demonstrates that this autonomy is not absolute. In certain circumstances, public law considerations, particularly sanctions legislation, may prevent a bank from honouring an otherwise valid demand under a Standby Letter of Credit.

Financial Intermediation

The PenCom-Dangote IPO Forbearance: Key Considerations for Pension Fund Managers & Employee Retirement Savings

Against this backdrop, the invocation of DIL’s historical track record as a proxy for investment safety raises questions of regulatory logic. Public institutions such as PenCom are under a continuing duty to exercise discretion in a manner that is rational, evidence-based, and capable of withstanding judicial scrutiny.

How Best Can Lagos Create Taxable Value in the Mobility Tech Industry