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Category: Contract
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Blockchain in Maritime Operations in Nigeria
There is a groundbreaking development in the realm of maritime operations: the integration of blockchain technology. Embracing blockchain in maritime activities will not only revolutionize the industry but also pave…
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Understanding the Key Elements of a Charter Party Agreement in Nigeria
Understanding the key elements of a charter party agreement in Nigeria is not only crucial but fundamental for participants in the dynamic maritime industry. As a pivotal legal document, a…
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A Guide to Third-Party Motor Insurance in Nigeria
When involved in an accident, many individuals tend to cover the expense of repairs from their own pocket, despite having insurance coverage. While this is a common practice, it is…
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THE PRINCIPLE OF UTMOST GOOD FAITH
By Vanessa Irenuma The principle of utmost good faith, often referred to as uberrimae fidei, is a fundamental and longstanding concept in the insurance industry. It embodies the idea that…
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MATERIAL FACTS IN AN INSURANCE CONTRACT
By Vanessa Irenuma MATERIAL FACTS IN AN INSURANCE CONTRACT A “material fact” in an insurance contract refers to a key piece of information or detail that could significantly…
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E-COMMERCE AND ONLINE CONTRACT IN NIGERIA
By Vanessa Irenuma Introduction: E-commerce in Nigeria has experienced significant growth in recent years, driven by factors such as increased internet penetration, the proliferation of smartphones, and a growing middle…
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Notarisation of Documents in Nigeria: A Comprehensive Guide
Introduction Notarisation is an essential process in Nigeria for validating legal documents. It ensures that documents are authentic, properly executed, and legally recognized both within and outside the country. Many…
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