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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).

About

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.

We distinguish ourselves through our delivery of innovative, cost-effective, competent and unfailingly reliable services which are delivered by seasoned commercially minded legal practitioners who are devoted to the best interests of their clients. 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.

Our Vision

To be the business partners of first choice in providing corporate services and business support for companies with an African focus

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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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…

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