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The manufacturing industry in Nigeria is moderately regulated compared to western nations. There is no gainsaying, however, that some sectors are more regulated that the others. At the centre of the industry are the Manufacturers Association of Nigeria (“MAN”), the Consumer Protection Council (“CPC”) and …

What are the taxes or levies imposed on businesses operating in Nigeria? Apart from knowing the requirements for registering and setting up a company, it is also important for foreign and local investors to be aware of the regular statutory deductions, taxes or levies applicable …

The process of opening a bank account for a company in Nigeria is a seamless exercise if the right requirements are put together and you are dealing with the right financial institution.  Sometimes, from our experience, the depth or range of transaction experience of a …

Introduction The operations of all online gaming products, such as online casinos, sports betting, poker, lotteries, bingo, etc, in Lagos State are regulated by the Lagos State Lottery Board (“LSLB”).  Please note that in order to engage in sports betting business in Nigeria, the applicant …

1          Who is a guarantor? A guarantor is one who gives security for a debt. It is a term used to describe an individual who undertakes to pay a borrower’s debt in the event that the borrower defaults on his loan obligation by pledging his assets as collateral against the loan.  …

Any local Company in Nigeria that desires to employ foreign nationals must accept immigration responsibilities on behalf of the foreign national. The Company must ensure that it obtains regulatory approval and work residence authorization from the appropriate Nigeria Authority.  The Immigration Act 2015 and the Immigration Regulations 2017 provide for …

If you are desirous of inheriting your parent’s assets or deal with a deceased person’s assets, you may need to apply for letter of administration especially where the deceased did not make a will or appoint executors or the will is invalid or the named …

INTRODUCTION Around the Globe, the construction of buildings is well regulated through building regulations and controls put in place to secure health, safety and aesthetic and town planning goals. Whilst the building regulations would normally set out to establish the legal requirements and standards for …

As with every other investment, being a commercial property owner comes with (legal) issues, but having the right real estate lawyer in charge or by your side would be the right decision for a rewarding real estate investment and a rancor-free landlord-tenant relationship. Without having an …

INTRODUCTION As diverse as real estate transactions may be, so are the legal instruments for securing or consummating such transactions. Real estate transactions could be evidenced by contract of sale, deed of assignment or lease or sublease or tenancy agreement, or other suitable deeds or …