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The setting up of a private security company in Nigeria involves incorporation by the Corporate Affairs Commission (“CAC”) and licensing by the Nigeria Security and the Civil Defense Corps (“NSCDC”). The full details of the setting up process are provided below: INCORPORATION STAGE: What are …

Legal Basis of Registration & Certification of ICT Service Providers/Contractors by NITDA  In line with section 6 of the National Information Technology Development Agency (“NITDA”) Act 2007 and the Executive Orders 003 and 005 issued by the Federal Government of Nigeria (“FGN”), for the promotion …

The registration and licensing of a vehicular tracking company in Nigeria are regulated. The process, procedure, requirements and costs for registering and obtaining the operational license are discussed below in a question and answer format: What are the requirements for registering a vehicular tracking company …

Sports betting is one of the categories of permissible lotteries in Nigeria under the National Lottery Act 2005 (“NLA 2005”) which applies to the Federal Capital Territory Abuja and, of course, each State has its own law regulating sports betting activities within each State (e.g. …

1. What are the Requirements for Registration of a Private Limited Liability Company (also known as “LLC”)? A private limited liability company is the most common type of company for business undertakings in Nigeria. By virtue of section 18 of the Companies and Allied Matters …

  What is an Offshore Safety Permit? There are regulatory requirements for traveling either by helicopter or boat to offshore/swamp facilities; oil and gas platforms, rigs, work barges, marine vessels, work boats owned or operated by operators/contractors in the Nigerian oil and gas industry. Offshore …

  What is Crowdfunding Intermediary License?  Crowdfunding is the process of raising funds from the public to finance a project or business (in exchange for the issuance of shares, debentures, or such other investment instrument) through an online platform called crowdfunding portal. In order to …

What is a Staff Poly or Employee Handbook? Is it required by labour law? Staff Policy or Employee Handbook is a body of rules or contract of a company which regulates the internal affairs of a company as well as its relationship with its employees. …

Section A: Preliminary Points on PSSP Licence in Nigeria As digital payment transactions continue to rise in Nigeria, interested investors  need to know what licence is suitable for their business model and the requirements for getting regulatory approval to enter the Africa’s most populous country …

The Nigeria’s mutual funds industry is valued at N1.58 trillion as at the last quarter of the year 2020. The industry is largely dominated by the big five (controlling about 75% of the asset under management (“AUM”) in Nigeria). As of October 2020, the Stanbic IBTC …