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Temporary work permit (TWP) is a short time permit issued to foreigners encouraging them to work in Nigeria for a limited period of time. The Temporary Work Permit visa does…

EMPLOYEE COMPENSATION SCHEME IN NIGERIA The Employee Compensation Act of 2010 establishes the Employee Compensation Scheme, which provides adequate and timely compensation for employees who suffer diseases or injuries in…

OPENING A BANK ACCOUNT IN NIGERIA There are various regulations and procedures guiding the opening and operation of a bank account for both locals and non-resident persons in Nigeria. The…

A director is a member of the board of director or an agent of the company who is charged with the responsibility of directing and managing the business of the…

Tax is a compulsory levy imposed by the government on individual or entities. Taxes are imposed and applicable to both individuals and companies in Nigeria. The Federal Inland Revenue Service…

A director is a member of the board of director or an agent of the company who is charged with the responsibility of directing and managing the business of the…

TRANSFER AND REGISTRATION OF VESSEL IN NIGERIA The Merchant Shipping Act 2007 provides for the transfer and sale of a ship in Nigeria. Section 77 of the Merchant Shipping Act provides that “where…

A cooperative society is a voluntary association of individuals, united by the common bond, who have come together to pursue their economic goals for their own benefits. There are various…