Category: Uncategorized

1. What is a Finance Company? Finance companies are companies licensed as sub-sector or middle tier players in the financial system to complement the roles of banks and meet the needs of micro, small and medium enterprises. A Finance Company Business means the business of …

  Employers are usually faced with the challenge of how to balance the low productivity in business and their contractual obligations to workers amidst economic depression. Taking decisions in such circumstances may not be easy. No matter what the management or HR decides, an employee should never be asked, advised or forced to resign. …

  Some of the questions that human resources managers and employment lawyers will face are about the fate of a job applicant who was given an offer letter of employment and had accepted same before #Covid19 but was unable to assume duty because of the …

1. Introduction Following the outbreak of coronavirus (“covid19”) in most States in Nigeria, the governments have banned movement and convergence of people with the exception of essential service providers. This directive has crippled business activities in the non-essential sectors. Businesses now face huge economic challenges …

The National Information Technology Development Agency (NITDA), an agency of the Federal Government of Nigeria, in line with its mandate of promoting and regulating information technology in Nigeria, has announced its preparation to commence compliance enforcement with the Framework and Guidelines for Public Internet Access …

What is the value of a lawyer to your business team? Lawyers are viewed differently. Some businesses see their legal department as a valuable team player in every business decision of the organization, while others see lawyers as blockers who may not really understand what …

In order to simplify the Nigeria’s credit system and improve access to finance for entrepreneurs and micro enterprises, the Federal Government of Nigeria enacted the Secured Transaction in Movable Assets Act in 2017. The Act applies to all security interests in movable assets created by …

Expatriate Quota: The regulatory process of employing a foreigner to work in Nigeria begins with the Expatriat Quota. Every company in Nigeria seeking to employ a foreigner into the country is required to obtain an Expatriate Quota from the Nigerian Immigration Service (“NIS”). Expatriate quota …

Social media is an essential part of the human space. Social media establishes the user’s online identity. A lot is happening on social media and human resource managers and, indeed, business owners cannot disregard the impact of online activities on their business or service. For …

i. Probation is a period of assessment of (1) an employee by the employer on suitability and competence and (2) of work environment by the employee to determine whether he/she should stay or resign. ii. All rights and obligations agreed to by the parties to …