Legal implications of the naira and kobo patents
By Olufola Wusu
ON August 23, 2012, the Governor of Central Bank of Nigeria at a press briefing announced the apex’s banks plan entitled “PROJECT CURE” to restructure Nigeria’s currency by the coining of the N20 (twenty), N10 (ten), and N5 (five) naira notes and the introduction of the five thousand naira note.Understandably, the announcement was greeted with varied reactions, in an attempt to justify the proposed plan of the apex bank; a director in the said bank was quoted by a national newspaper as saying that. “It was quite shocking to us when we discovered that the patent rights of some of our notes are owned by non-Nigerians.” Full story...
Source:http://www.ngrguardiannews.com
Posted by Amaka, 18 September 2012
iROKO Partners Takes Legal Action Against Afrinolly
iROKO Partners is taking legal action against Afrinolly, a self-styled mobile phone app focused on Nigeria’s entertainment industry, Nollywood. The app has built its business model on showing Nollywood feature films and trailers. The issue is that Afrinolly has never spoken to or been granted any rights to do so by iROKO Partners, whose entertainment library is in excess of 5,000 Nollywood movies.
Afrinolly, a Nigerian company based in Lagos, has been streaming Nollywood movies and trailers, exclusive to iROKO Partners, and others, without any authorisation or consent from the content owners. Afrinolly has gone further and misrepresented itself with handset manufacturers and telcos alike.Full story
Source: www.ukzambians.co.uk
Posted by Amaka, 16 july 2012