DACO LP Africa

  • Home
  • DACO LP Africa

DACO LP Africa Contact information, map and directions, contact form, opening hours, services, ratings, photos, videos and announcements from DACO LP Africa, Lawyer & Law Firm, House TD7, Global Estate, Apo Primary, FCT-Abuja, .

Banks Beware! Did you know that a bank may be exposed to liability for freezing a customer’s account solely on the instr...
07/08/2026

Banks Beware!

Did you know that a bank may be exposed to liability for freezing a customer’s account solely on the instruction of a law-enforcement agency without first sighting a valid court order?

Can the Economic and Financial Crimes Commission (EFCC) validly direct a bank to freeze or place a Post No Debit (PND) o...
06/08/2026

Can the Economic and Financial Crimes Commission (EFCC) validly direct a bank to freeze or place a Post No Debit (PND) on an account without a prior court order? The question resurfaced sharply in August 2026 when the EFCC directed First Bank to place a PND on the Osun State Government’s statutory allocation account.

Governor Ademola Adeleke publicly accused the Commission of acting without judicial sanction and instructed the state’s Attorney-General to challenge the freeze before the Federal High Court, Osogbo.

The EFCC’s defence rests on a claimed 72-hour administrative freeze power under Section 34 of the EFCC Act and Section 7(6) of the Money Laundering (Prevention and Prohibition) Act, 2022, supported by UBA Plc v. A-G Benue State & Ors (2022) LPELR-58695(CA).

Yet months earlier, the Court of Appeal delivered NPG Event, Gardens & Parks Ltd v. Zenith Bank Plc (2025) LPELR-82641(CA), a forceful and largely unqualified restatement that no freeze may lawfully precede a court order. This article examines both lines of authority against the Osun controversy.

Continue reading via the link in comment section.

Nigeria's software industry is getting new rules. NITDA's Software Quality Assurance Framework brings independent testin...
31/07/2026

Nigeria's software industry is getting new rules. NITDA's Software Quality Assurance Framework brings independent testing, risk classification (Class A/B/C), and mandatory licensing for testing organisations, starting Q2 2027.

If you build, supply, or test software, especially for government, fintech, or regulated sectors, this affects you.

Swipe for the breakdown ➡️ Full analysis at www.dacolpafrica.com (blog).

TYLA IN LAGOS: LET THE ARTIST PERFORM. HOLD THE GOVERNMENTS ACCOUNTABLE.
30/07/2026

TYLA IN LAGOS: LET THE ARTIST PERFORM. HOLD THE GOVERNMENTS ACCOUNTABLE.

Meet our Managing Partner, Damilare Adenola!
17/07/2026

Meet our Managing Partner, Damilare Adenola!

✍🏾 Sealed. Signed. Delivered.DACO LP is proud to announce that we served as legal counsel and architects of the transact...
10/07/2026

✍🏾 Sealed. Signed. Delivered.

DACO LP is proud to announce that we served as legal counsel and architects of the transaction documentation in connection with the Artist Recording and Management Agreement between Ryno Music Entertainment Ltd and rising music act BIMASZN — a deal valued at over ₦100,000,000.

At DACO LP, we don’t just draft agreements—we build frameworks that empower artists and businesses to grow with clarity, confidence, and legal security.

Here’s to great music, great deals, and greater futures. 🎶⚖️

ArtistAgreement NigerianMusic MusicIndustry LegalExcellence

Address

House TD7, Global Estate, Apo Primary, FCT-Abuja

Website

Alerts

Be the first to know and let us send you an email when DACO LP Africa posts news and promotions. Your email address will not be used for any other purpose, and you can unsubscribe at any time.

Shortcuts

  • Want your practice to be the top-listed Law Practice?

Share