Category: Business Law

  • Banking & Finance
    ,

    Banking & Finance

    BANKING AND FINANCE THE STRUCTURE OF THE NIGERIAN FINANCIAL SYSTEM   INTRODUCTION The Nigerian financial system comprises of bank and non-bank financial institutions which are regulated by the Federal Ministry…

  • Doing Business in Nigeria: Foreigners
    , ,

    Doing Business in Nigeria: Foreigners

    Doing Business in Nigeria: Foreigners All business enterprises must be registered with the Registrar-General of the Corporate Affairs Commission (Registrar of Companies). A foreign investor wishing to set up business…

  • SETTING UP GAMBLING/LOTTERY BUSINESS IN NIGERIA

    SETTING UP GAMBLING/LOTTERY BUSINESS IN NIGERIA

    “Note: Portions of this article has been overtaken by recent developments following the Supreme Court’s judgment in Attorney General of Lagos State v. Attorney General of the Federation & Ors…

  • About Lawyers in Nigeria
    ,

    About Lawyers in Nigeria

    About Lawyers in Nigeria The legal system in Nigeria was fashioned after the English legal system. The particular difference between the two is that, in the United Kingdom, you either…

  • Foreign Investor Benefits

    Foreign Investor Benefits

    Foreign Investor Benefits    i.      The shareholding of the company can be 100% foreign owned. ii.     A non-Nigerian may invest and participate in the operation of any enterprise in Nigeria (See exemptions);…

  • About Doing Business in Nigeria

    About Doing Business in Nigeria

    FOREIGN COMPANY REGISTRATION IN NIGERIA​ Operations of Foreign Companies in Nigeria A foreigner may invest and participate in the operation of any enterprise in Nigeria, except in sectors explicitly excluded…

  • Registering Businesses in Nigeria
    ,

    Registering Businesses in Nigeria

    Registering a business in Nigeria under the Companies and Allied Matters Act (CAMA) 2020 requires compliance with specific processes overseen by the Corporate Affairs Commission (CAC). While most businesses must register, exceptions exist, such as legal partnerships. Various business structures—Limited Liability Companies, Companies Limited by Guarantee, Sole Proprietorships, Incorporated Trustees, and Unlimited Liability Companies each…

  • TELECOMMUNICATION IN NIGERIA
    , ,

    TELECOMMUNICATION IN NIGERIA

    Broadcasting and telecommunication has come a long way in Nigeria. Formally these services were considered social services in nature hence private companies were foreclosed from participation of any kind. This article will explore these procedures, conditions for grant, refusal, renewal and withdrawals of these licenses.