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(1) CBN orders closure of bank accounts of unregistered associations, churches, clubs, town unions, or foundations. These associations or societies must register with the Corporate Affairs Commission and provide their registration documents to the Banks to enable them run their account.    (2) SEC now requires Issuers to provide “No-Objection” letter from their primary regulators as a prerequisite for the Commission’s approval of proposed transactions.   (3) All CMOs are now required to submit their Audited Financial Statements electronically to afs@sec.gov.ng, a dedicated email created by SEC, in a selectable and searchable PDF format (not exceeding 15MB).

Rubylex LP

ABOUT RUBYLEX LP

RubyLex LP is a law firm committed to providing bespoke services with a focus on governance, compliance and business support to homegrown, startups and international clients with business interests across all sectors of the Nigerian economy. We specialise in corporate governance, regulatory compliance, immigration compliance, company secretarial and intellectual property portfolio management.

Rubylex LP

Practice Areas

Business Setup

At RubyLex LP, we provide bespoke legal support on formally setting up your business in a manner that best suits your goals and objectives.

Trademark Portfolio Management

Our belief is simple. Your trademarks are valuable company assets. Thus, they deserve maximum effective protection at all times. With RubyLex LP…

Regulatory and Compliance

Nigeria’s regulatory landscape has witnessed a dramatic shift from a perceived permissive regime to a proactive one resulting in an…

Immigration

The world of immigration is evolving since the emergence of Covid-19 and has affected the Immigration landscape in Nigeria. Rubylex LP will keep you updated through…

Legal Audit

The objectives of legal audit are to gather information about the company as well as evaluate and minimise the risks associated with with a business transaction…

Whistleblowing

At Rubylex LP, we offer whistle blowing services and encourage organization to create an inclusive workplace where employees feel safe, secure, open and comfortable…

We are experts at what we do

Why Clients Choose Us?

With over 20 years combined experience, our lawyers have gained extensive experience in advising and acting for clients on a wide range of subject matters.

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