Author: admin

Can a foreigner fully own a company in Nigeria? Yes. Foreigners are now free to set up and fully own a company in Nigeria in several sectors of business with zero or minimal restrictions except for those businesses on the Negative List. Except for some …

The Nigerian financial services sector is highly regulated with a gamut of legislative and other subsidiary legislations binding operators. The Central Bank of Nigeria (“CBN”) is the apex bank and main regulator for licencing and supervising financial services companies including Fintech businesses. In Nigeria, no …

Cross-border payment services in Nigeria are regulated by the Central Bank of Nigeria (CBN), the apex bank in charge of the financial services regulation in the country. The International Money Transfer Operators (“IMTO”) licence of the CBN is required for the provision of cross-border payment …

Trademark, in a simple term, is a word, symbol, device, or any combination used to identify a particular product thereby distinguishing it from other products. It confers a legal right on the holder and prohibits others from making use of that particular word or symbol …

The Nigerian import and export market is one of the most attractive business section of the country’s trade industry. According to the National Bureau of Statistics, the Nigeria’s total trade stood at N11,722.44 billion of which total exports stood at N6,359.61 billion and total imports …

As 2023 winds down, employers and employees must be remined that every end of year in Nigeria usually comes with certain vicissitudes of fortunes or misfortunes in the world of work. These vicissitudes come in different fashions like promotions or demotions, reduction or nonpayment of …

Any Nigerian company that has not filed its annual returns as and when due should be worried about being delisted by the Corporate Affairs Commission (“CAC”) in addition to other regulatory sanctions that may be imposed on its directors and shareholders. The CAC has published …

Factual Summary of the Case of Williams v. Williams The case of Williams v. Williams (1987) 2 NWLR (Pt. 54) 66 SC represents a strong judicial authority on legal issues in child custody dispute in Nigeria. The case started around 1981 before Hon. Justice Oladipo …

Behind every timeless tune and chart-topping hit lies a web of legal intricacies that determine who holds the copyright to a musical work. Copyright ownership in the realm of music is a complex aspect of the creative industry, mostly because it encompasses a wide range …

By 31st of December 2023, all existing loan companies’ licences in Nigeria will expire and all loan companies doing business in the country must reapply to to their respective licensing authorities for renewal of their operational licences, amongst other regulatory compliance obligations that they must …