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Legal Framework for Capital Market in Nigeria

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 Distinction between Capital Market and Stock Market: There is sometimes seeming conflict in understanding whether the capital market is the stock market and vice versa, this work attempts to highlight the major distinctions and similarities while also covering the legal and regulatory framework for the Capital Market in Nigeria. Capital Market : A broader financial market that enables the buying and selling of long-term debt and equity securities, such as stocks, bonds, and debentures. It facilitates the mobilization of long-term funds for investment in businesses, projects, and governments. Stock Market (Equity Market) : A subset of the capital market, focused specifically on the buying and selling of company stocks (equities). Simply Put, The capital market is where companies go to raise financial capital (money) in general. The stock market is exclusively where investors trade stocks (shares of ownership in publicly traded corporations). Companies can raise money on the capital...

Role of Lawyers in Issuance of Commercial Papers

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  A lawyer plays a crucial role in the issuance of commercial paper, which are short-term, unsecured debt securities typically used by corporations and financial institutions to raise capital. Here's how a lawyer is involved: 1. Legal Compliance: Lawyers ensure that the issuance of commercial paper complies with relevant federal, state, and local laws and regulations. This includes securities laws, such as the Securities Act of 1933 in the United States, which governs the issuance of securities. 2. Drafting Legal Documents: Lawyers draft the necessary legal documents, such as the commercial paper prospectus or offering memorandum. These documents provide important information to potential investors and must accurately reflect the terms and risks associated with the commercial paper. 3. Due Diligence: Lawyers conduct due diligence to verify the accuracy of the information disclosed in the offering documents. This involves reviewing financial statements, contracts, and other relevant...

THE NORRISON I. QUAKERS, SAN NATIONAL LEGAL WRITING TOURNEY, 2021 info

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  THE NORRISON I. QUAKERS, SAN NATIONAL LEGAL WRITING TOURNEY, 2021 Submission Deadline: January 11, 2021. THE NORRISON I. QUAKERS, SAN NATIONAL LEGAL WRITING TOURNEY, 2021 Zenith Associates, University of Nigeria in partnership with Jireh & Greys Attorneys presents maiden edition of the Norrison I. Quakers, SAN National Legal Writing Tourney. Topic: The African Continental Free Trade Agreement (AfCFTA): A boost to Nigerian commerce? A. ELIGIBILITY AND REQUIREMENTS Papers are to address the topic - Continental Free Trade Area Agreement: A boost to Nigerian Commerce. Student authors must be enrolled in an undergraduate or postgraduate degree program at an accredited university within the Federal Republic of Nigeria at the time of submission. Papers must be written solely by the candidate, in English, and may not have been submitted for publication elsewhere. Citations should be in footnotes, rather than endnotes. Submitted papers are to comply with the OSCOLA footnote style (htt...

NICARB:.Annual essay writing COMPETITION info

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  NICARB:.Annual essay writing COMPETITION info The Nigerian Institute of Chartered Arbitrators (NICARB) announces it's 2020 essay writing COMPETITION Eligibility: ages 18-25 TOPIC: Sovereign immunity for legal and arbitral proceedings and execution against the assets of a sovereign State: The evolving paradigm shift. Submission Deadline: 10th October, 2020 Prizes: First position: 100,000 Second position: 60,000 Third position: 40,000 Others are: ✅Winners would be officially awarded and recognised at the annual conference slated for  18- 20th November, 2020  ✅ The best two articles would be published in NICARB's Journal of Arbitration. for more information pls visit  www.nicarb.org. and follow NICARB on all social media platforms. Good luck