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Category: Corporate Law
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FILING OF TRADEMARKS IN NIGERIA
Trademark protection is essential for businesses operating in Nigeria to safeguard their unique brand identity and distinguish their products or services from competitors. Filing a trademark in Nigeria offers legal protection against unauthorized use and imitation, helping businesses build brand reputation and consumer trust. This article aims to provide a comprehensive guide on the process…
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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 of Finance (FMF), Central Bank of Nigeria (CBN), Nigeria Deposit Insurance Corporation (NDIC), Securities and Exchange Commission (SEC), National Insurance Commission (NAICOM), Federal Mortgage Bank…
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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 operation in Nigeria should take all steps necessary to obtain local incorporation of the Nigerian branch or subsidiary. FOREIGN COMPANY REGISTRATION IN NIGERIA Operations of…
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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…
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When the creditor’s passivity helps us get rid of the execution
There are legislative solutions that can get rid of some of the effects of forced execution, and obsolescence is one of them. Perimism is a sanction clearly directed at those with whom we have debts, and that leaves too much time to pass to demand enforcement action against us. More precisely, if they stayed for…
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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.
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