By virtue of Regulation 13 of the Companies Regulations 2021 (“the Regulation”), all existing companieswhose issued capital are less than the minimum issued share capital are required to issue all theirunissued shares on or before 31st June 2021.However, vide a […]
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The effect of the Rules of Court in civil jurisprudence especially as it relates to determining the rights and liabilities of individuals and businesses in non-criminal proceedings before the Courts cannot be over-emphasized. However, Practice Directions are guidelines with the […]
Citizenship is a juristic and political status in which an individual enjoys full, legally sanctioned membership in a state and owes full allegiance to it. Citizenship is a status that is legally granted to an individual by a state which […]
We are pleased to have contributed the maiden Nigerian Chapter of the International Comparative Legal Guide on Environment, Social and Governance Laws (ESG) 2022 by the Global Legal Group. In the publication, we provide answers to the questions posed above. […]
Expatriates who wish to work in Free Zone-licensed companies in Nigeria are not exempted from the immigration regulations and requirements. Though the application process is almost the same as other visas, this visa is different in terms of documentation, authorized […]
On the 7th of June, 2021, the Securities and Exchange Commission (“SEC”) (“the Commission”) published its proposed Rule (“Rule”) on Social Bonds in the Nigerian Capital Markets. The Rule, according to the Commission, was borne out of the increased volume […]
It is a notorious fact that most business ideas never make it to the market, mostly because of lack of funds. The inability to get the needed funds to kickstart a business or to sustain it is the biggest challenge […]
On the 5th of March 2021, the Court of Appeal of Nigeria, Lagos Division, delivered a landmark judgment in the case of MT Sam Purpose (Ex MT. Tapti) & Anor v Amarjeet Singh Bains & 6 Ors (“MT Sam Purpose […]
Copyright is a legal term used to describe the rights that creatives have over their literary, musical or artistic works. It is a type of intellectual property that confers exclusive right on the copyright owner and excludes any other person […]
On the 29th of April, 2021, the Central Bank of Nigeria (“ CBN”), the apex regulatory body for banks and other financial institutions in Nigeria created under the CBN Act 2007 (“CBN Act”),[1] announced the removal of all the directors […]
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