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All Journal Jurnal Media Hukum Administrative and Environmental Law Review Jurnal Hukum dan Peradilan
Adeyemi-Balogun, Omolola Janet
Unknown Affiliation
Economics, Econometrics & Finance Environmental Science Law, Crime, Criminology & Criminal Justice Social Sciences

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The Legal Issues Concerning the Operation of Fin-Tech in Nigeria Aidonojie, Paul Atagamen; Majekodunmi, Toyin Afolabi; Adeyemi-Balogun, Omolola Janet
Jurnal Media Hukum Vol 30, No 2: December 2023
Publisher : Fakultas Hukum Universitas Muhammadiyah Yogyakarta

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.18196/jmh.v30i2.18337

Abstract

Technology has greatly enhanced the developmental process of the global environment. It suffices to state that, Nigeria being a developing country is also having its fair share in the use of technology within the financial sector. This is concerning the fact that the traditional method of financial activities is gradually overtaken by financial technology. However, despite the prospect of finance and technology (Fin-Tech), there are several legal issues and challenges affecting its operation in Nigeria. In this regard, this study tends to embark on a hybrid method of study on the prospect and legal issues concerning Fin-Tech in Nigeria. The questionnaire was distributed to 301 respondents residing within Nigeria. The data obtained was analysed through descriptive and analytical statistical methods. The study, therefore, found that the introduction of Fin-Tech has greatly enhanced the commercial sector in Nigeria. Although, several challenges include the legality of its operations, other social and economic challenges could affect its smooth operation. The study concluded and recommended the necessity for legal regulations, internet security, educating the general public on the Fin-Tech system, and alignment of Fin-Tech operations with Nigerian laws for a smoother adoption of Fin-Tech in Nigeria.
Potential and Legal Challenges of the Metaverse for Environmental Awareness and Sustainability in Nigeria: A Comparative Analysis with Singapore Aidonojie, Paul Atagamen; Majekodunmi, Toyin Afolabi; Obieshi, Eregbuonye; Adeyemi-Balogun, Omolola Janet
Administrative and Environtmental Law Review Vol 5 No 1 (2024)
Publisher : Fakultas Hukum Universitas Lampung

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25041/aelr.v5i1.3230

Abstract

The Metaverse offered a novel and immersive platform where Nigerian users engaged with virtual environments that mirrored the physical world or even transcended its confines, similar to Singapore's adoption in its economy. This digital realm provided a unique opportunity for individuals and organizations to simulate and visualize the environmental consequences of human activities, thereby deepening awareness of ecological issues. Virtual reality simulations and immersive educational experiences empowered users to witness the ramifications of environmental degradation, motivating them to adopt eco-friendly practices in their daily lives. However, the realization of the Metaverse's potential for promoting environmental awareness and sustainable practices faced various legal challenges. This research employed a hybrid research approach, combining both doctrinal and non-doctrinal methods, to assess the prospects and legal issues surrounding the use of the Metaverse as a catalyst for environmental awareness and sustainability. A total of 304 questionnaires were distributed to Nigerian respondents, and data were analyzed using descriptive and analytical methods. The findings revealed that the burgeoning Metaverse had the potential to play a pivotal role in advancing environmental awareness and sustainable practices, contributing to the mitigation of climate change. Nonetheless, several challenges, such as data privacy, security issues, regulatory concerns related to the Metaverse, digital illiteracy, and insufficient funding for incorporating Metaverse technology, might hinder its effective utilization for promoting environmental awareness and sustainability. It was concluded that the Metaverse possessed transformative power to enhance environmental awareness and sustainable practices in Nigeria. Furthermore, drawing insights from Singapore's experiences in the Metaverse highlighted potential lessons and inspiration for Nigeria as it embarked on this journey of environmental awareness and sustainability through immersive digital experiences.
A Facile Review On The Protection Of An Invention In Nigeria: Issues And Challenges Aidonojie, Paul Atagamen; Majekodunmi, Toyin Afolabi; Edetalehn, Oaihimire Idemudia; Adeyemi-Balogun, Omolola Janet
Jurnal Hukum dan Peradilan Vol 12 No 2 (2023)
Publisher : Pusat Strategi Kebijakan Hukum dan Peradilan Mahkamah Agung RI

Show Abstract | Download Original | Original Source | Check in Google Scholar | DOI: 10.25216/jhp.12.2.2023.371-408

Abstract

The development of a nation relies on technological advancements and innovations. It is evident in the progress of countries such as the USA, China, and Russia, which are considered developed nations due to the contributions of their scientists and technicians. In contrast, Nigeria and many other African countries are categorized as developing nations primarily due to the slow pace of innovation. Despite this, the legal process of obtaining protection or a patent for inventions poses a significant challenge for scientists and technicians in Nigeria. In this regard, the study employs a hybrid research method to examine the issues and challenges related to the protection of inventions in Nigeria. A descriptive and analytical approach is used to analyze the data by distributing 253 questionnaires to respondents across various geopolitical zones in Nigeria. The findings reveal a limited number of scientists and technicians involved in technological innovation, and there are obstacles to obtaining patents or protection for inventions in Nigeria. These challenges often deter scientists and technicians from investing more effort in technological innovation. Therefore, it recommended and concluded that, for practical and improved technological innovation in Nigeria, the government should create an enabling environment and review the existing legal framework for obtaining patents over inventions.
Co-Authors Aidonojie, Paul Atagamen Edetalehn, Oaihimire Idemudia Majekodunmi, Toyin Afolabi Obieshi, Eregbuonye