LawCarenigeria

The core principle of corporate governance is on how to make those in the management of the companies more accountable, responsible and sensitive to the interest of shareholders, interest of…

The law on money-lending was enacted in Nigeria to curb the exploitation of borrowers in Nigeria. Money Lending also known as financing is the service of lending money at interest…

Choosing an appropriate legal structure is an important decision to be made; it is, therefore, advisable to seek professional advice in determining the appropriate business structure that would suit one’s…

Trademark opposition in nigeria: A trademark opposition is a legal challenge to the right to register a particular trademark. A trademark may be described as a mark, which is used in the course…

Intellectual property is simply the creation of the human mind. It is the intangible property of human creation. According to the World Intellectual Property Organization (WIPO), Intellectual property refers to…

Power of Attorney is an instrument, which may be under seal authorizing or appointing a person to legally act and administer commercial and non-commercial affairs on behalf of an individual…

Non- Nigerians that desire to enter, work and reside in Nigeria have to comply with the Immigration requirements of the country. ECOWAS Nationals are required to register with the Nigerian…

Contract of employment in Nigeria is simply a legally enforceable agreement between an employer and employee under an employment, which established and specifies the rights and responsibilities between the parties…

The share capital is an important requirement in line with the provisions of Section 114 -165 of the Companies and Allied Matters Act (CAMA) LFN 2004 for incorporating a company…

Company secretarial services in Nigeria involve the efficient administration of a company particularly with regards to ensuring compliance with the relevant statutory and regulatory requirements and ensuring decisions of the…

In the most recent times, financial technology (otherwise known as FINTECH) companies have been evolving with numerous innovative products relating to payments services, which are gaining acceptance in Nigeria. Consequently,…

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…