The Payment Service Bank (PSB) framework was introduced by the Central Bank of Nigeria (CBN) to enhance financial inclusion and…
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HOW TO START A PRIVATE LENDING COMPANY IN NIGERIA
Money lending in Nigeria involves providing loans to individuals or businesses, usually with interest, especially to those who may not…
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A NEW LAW REQUIRES A TAX ID TO OPEN A BANK ACCOUNT
In Nigeria, a new bill has been introduced that would make obtaining a Tax Identification Number a requirement for anyone…
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The court denies the Binance executive’s new bail application
Justice Emeka Nwite of the Federal High Court in Abuja on Friday dismissed a fresh bail application filed by the…
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OVERVIEW OF JOINT TENANCY AND TENANCY IN COMMON IN NIGERIA
Joint Tenancy and Tenancy in common are similar in respect to the fact that they are estates held by more…
Read MoreAppeal Court rejects Delta Representatives member Mutu’s petition over alleged N320 million fraud
House of Representatives member Nicholas Mutu’s appeal against a Federal High Court of Abuja ruling from January 22 ordering him…
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THE COURT STRIKES OUT MAN’S CASE AGAINST THE AEDC ELECTRICITY TARIFF
A Federal High Court sitting in Lagos has struck out a case by the Manufacturers Association of Nigeria (MAN) challenging…
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THE DIFFERENCES BETWEEN A BUSINESS NAME AND A COMPANY LIMITED BY SHARES
New business owners often have a lot of questions about the difference between a registered business name and an incorporated…
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APPEAL COURT UPHOLDS THE REMOVAL OF THE PDP REPRESENTATIVE FROM ENUGU
The Court of Appeal sitting in Enugu has upheld the ruling of the House of Representatives tribunal sacking the member…
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COMPANY FORMATION IN NIGERIA – 2024
BUSINESS FORMATION IN NIGERIA Business registration is the first step required for a company formation in Nigeria. The Corporate Affairs…
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THE COURT HEARS 16 STATE LAWSUITS CONTESTING THE LEGITIMACY OF THE EFCC
The case brought by 16 state governments contesting the legitimacy of the Economic and Financial Crimes Commission will be heard…
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Collective Appeal to AGF about Illegal ACADIP Member Prosecution
Human Rights Monitoring Agenda (HURMA), a civil society organization, has written to Lateef Fagbemi, the Attorney-General of the Federation and…
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HOW TO CALCULATE PAYE TAX IN NIGERIA
Personal Income Tax (PIT) is a tax imposed on individuals including employees, partners in a partnership, unincorporated trusts, joint ventures,…
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EX-PETROLEUM MINISTER, DIEZANI’S SUIT AGAINST EFCC SUFFERS SETBACK
A suit filed by the former Minister of Petroleum, Diezani Alison-Madueke, to challenge the order obtained by the EFCC for…
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US Court Orders Mayweather to Pay Nigerian Company $2.4m fine
Floyd Mayweather Jr., was ordered to pay $2.4 million to Zinni Media Concept Limited, a Nigerian corporation, for breaching a…
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GUIDE TO HIRE LAW FIRMS & LAWYERS IN NIGERIA
Lawyers and law firms are traditionally hired to render legal services. Most lawyers in Lagos Nigeria offer legal services and…
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COURT BAN VIO FROM COLLECTING, IMPOSING FINES ON MOTORISTS
An order prohibiting the Directorate of the Road Traffic Services, also referred to as the Vehicle Inspection Office, from halting,…
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PROCEDURE FOR ANNULMENT OF MARRIAGE IN NIGERIA
Annulment of Marriage in Nigeria There are various matrimonial reliefs available in the Matrimonial Causes Act (hereinafter referred to as…
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AN OVERVIEW OF DIFFERENCE BETWEEN CONTRACT OF SALE AND DEED OF ASSIGNMENT
In Nigeria, real estate-related transactions include the use of both a contract of sale and a deed of assignment. Although…
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LG ELECTION PETITIONS TRIBUNAL IS OPENED BY CHIEF JUDGE AKWA IBOM
Justice Ekaette Obot, the Chief Judge of Akwa Ibom State, established a 15-member election petitions tribunal in advance of the…
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