Law Blog
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The Illegality of “No Refund Policy” and the Importance of Establishing a Refund Policy
As consumers, we have all experienced the disappointment of purchasing a product or service that fails to meet our…
Ensuring Due Diligence Before Purchasing Property
Land Search Begin by conducting a land search at the lands registry of the state where the property is…
Resolving Disputes Without Going to Court: Alternative Dispute Resolution (ADR)
The court is not the only way to resolve conflicts, and as such is better kept as a last…
Federated or Decentralised Social Media & the Law
The federated future of social media Social media today is dominated by a few central corporations. New technologies like…
Music Contracts: A Guide for Musicians & Their Producers
Contracts in the music industry, speaking specifically about those made between music producers and artistes as foundations of professional…
GUIDELINES ON THE ESTABLISHMENT OF MICROFINANCE BANKS IN NIGERIA: PART B
We wish to notify you of an error in our last article regarding the Tier 2 microfinance bank: the…
About Cooperative Societies (Lagos as an Example)
Cooperative Societies are collaborative teams where members voluntarily band together to achieve common economic, social, and cultural objectives. They’re…
THE LEGALITY OF MONEY CAKES & BOUQUETS: A REVIEW
Recently, we marked the day of celebrating love and in recent times, we have seen a surge in the…
Central Bank of Nigeria Upwardly Reviews Capital Requirements for Banks
The Central Bank of Nigeria (CBN) has announced a significant update to the financial regulatory framework, particularly affecting the…
The Tax Clearance Certificate (TCC) in Nigeria: What We All Need to Know
The Tax Clearance Certificate (TCC) is an official document issued by the tax authorities, usually the Federal Inland Revenue…
Intellectual Property (IP)
IP encompasses intangible creations of the mind, such as inventions, artistic works, designs, images, brand names, amongst other examples.…
Protecting Children in Nigeria: Legal Framework Against Child Abuses
In Nigeria, several laws and regulations are in place to safeguard children from exploitation, abuse, and neglect. We share…
Heritage Bank’s License Revocation by CBN: Legal Implications
Per the circular that was released by CBN on the 3rd of June, 2024, the Central Bank of Nigeria…
Requirements for Obtaining an Airline Permit in Nigeria
According to the Nigeria Civil Aviation Authority Regulations, 2023, the following must be followed for an airline to be…
SCUML: Comprehensive Overview and Compliance Requirements
SCUML is an acronym for Special Control Unit against Money Laundering, a department of the Economic and Financial Crimes…
Legal Considerations for Forming Joint Ventures and Partnerships in Nigeria
Forming a Joint Venture (JV) or a partnership is a popular strategy for businesses in Nigeria seeking to combine…
Supreme Court Grants Local Governments Autonomy Over Allocated Funds
In a landmark ruling on July 11, 2024, the Supreme Court, through a unanimous decision by a seven-member panel…
What is C-of-O Redefined?How to Process “C of O Redefined” in Oyo.
What is C-of-O Redefined? C-of-O Redefined is an initiative by the Oyo State Government to enable all property owners…
Winding Up or Liquidation of Banks in Nigeria: Legal Framework and Procedures
Winding Up or Liquidation of Banks in Nigeria: Legal Framework and Procedures The winding up or liquidation of a…
CREATIVES HAVE RIGHTS!
BUSINESSES THAT REQUIRE EXTERNAL LICENSES
In Nigeria, businesses intending to operate in Nigeria must first cross the regulatory compliance threshold of the Corporate Affairs…
WHAT IS A WILL?
A will is a testamentary disposition of one’s property, voluntarily made by the testator, signed by the testator by…
AN OVERVIEW OF THE EXISTING CONSUMER PROTECTION PROVISIONS IN NIGERIA
Emekus & Sons Megastore is a popular shop in Alaba Market, Lagos State. They deal mainly in household electrical…
Corporate Red Alert: Corporate Affairs Commission Engages the Final Option to Enforce Annual Returns Compliance
We are sharing an important update regarding the Corporate Affairs Commission’s efforts to address companies with outstanding annual returns.…
EXPORTATION LAW: WHAT YOU NEED TO KNOW
he world of commerce has undergone various transformations over time, and exportation has become the cornerstone of modern civilization…
HISTORY OF WORKERS’ DAY (Special Post)
Workers’ Day, also known as International Workers’ Day or May Day, is a day that celebrates the contributions and…
The Importance Of Contract In Business Disputes And Conflict Preparedness.
In business, the value of a contract cannot be overstated, especially when considering the resolution of disputes and preparedness…
NEW REGISTRATION REQUIREMENTS FOR FINTECH AGENTS BY THE CORPORATE AFFAIRS COMMISSION (CAC)
The Corporate Affairs Commission (CAC) has directed that all categories of fintech agents, including sole agents, super agents and…
The Agreement to Protect All Girls
Various international instruments and conventions aim to protect the rights of children, and the girl child in particular, from…
VALUE ADDED TAX: An Overview
Value Added Tax (VAT) is a type of consumption multi level tax that is levied on goods and services…
ON FOUNDERS, CO-FOUNDERS& SHAREHOLDERS
Starting a business is an exciting journey, but it can also be a daunting one. One of the most…
When An Individual Dies Without a Will: (What to Know about Letters of Administration)
When a person dies without a will, also known as intestate, family members are often left wondering how they…
On CAC Annual Returns Payable by Registered Corporate Entities
The annual returns are a mandatory requirement for every registered corporate entity, whether or not the entity has commenced…
Third-Party Investment Agreements: A Legal Perspective
Entrepreneurs often find their innovative ideas requiring external financial support to grow or thrive. Third-Party Investment Agreements offer a…
On the Status of Businesses on the Corporate Affairs Commission (Nigeria) Platform
Entrepreneurs and proprietors, directors, and trustees of registered corporate entities in Nigeria ought to be very well in the…
CERTIFICATE OF OCCUPANCY (C of O) vs DEED OF ASSIGNMENT
What is a Certificate of Occupancy?A Certificate of Occupancy, commonly known as a C of O, is a government-issued…
RENTING A HOME IN NIGERIA: WHAT INTENDING TENANTS SHOULD KNOW (PART 1)
Endeavor, wherever possible, to see or interact with the landlord in person, and do not just deal with agents.…
On the Legality & Choice of Marriage Registry
It is a common misconception that only marriages conducted at federal registries like the Ikoyi Registry are recognized by…
Microfinance Bank Licensing in Nigeria: The Imminent Digital Shift
The Central Bank of Nigeria (CBN) has launched a new online portal named the CBN Licensing, Approval, and Other…
THE PRUDENCE OF LEGAL CONSULTATION BEFORE SIGNING DOCUMENTS
Employment Contracts: Employees resuming a new position need not let important details slip through the cracks and escape their…
Contracts between Music Producers and Music Artistes: A Guide for Both Parties
Contracts in the music industry, speaking specifically about those made between music producers and artistes as foundations of professional…
ON FOUNDERS, CO-FOUNDERS & SHAREHOLDERS: CHOICES & LEGAL DOCUMENTATION
Starting a business is an exciting journey, but it can also be a daunting one. One of the most…
THE CORPORATE AFFAIRS COMMISSION ANNUAL RETURNS:
On CAC Annual Returns Payable by Registered Corporate Entities The annual returns are a mandatory requirement for every registered…
MUSIC AGREEMENT: IMPORTANT AND PLAUSIBLE INGREDIENTS
A music contract/agreement is commonly known as an artist management agreement. Signing an artist to a recording company suggests…
DEMISE VS SURVIVAL VS THRIVING: THE ROLE OF CORPORATE GOVERNANCE IN THE STARTUP SPHERE
Corporate governance failure is a prominent player among the many factors notorious in the death of startups. It refers…
Money Lending Apps & Digital Privacy
Beware of Loan Applications In the era of digital technology and convenience, loan applications have become increasingly accessible and…
Mental Health Rights: A Brief Outline
The principles are universal but specifics vary by country. Every individual has the right to access quality mental health…
The Nigerian Education Loan Fund: Changes in the 2024 Act & Guidelines for Application
Eligibility Requirements To be eligible, an applicant must be a Nigerian citizen, as defined in the Constitution of the…
Obtaining Exportation Licence from Nigerian Export Promotion Council (NEPC)
Imagine you are the owner of a thriving small business in Lagos, Nigeria, specializing in high-quality organic shea butter…