Category: Corporate Law

In recent years, there has been an increase in digital economy innovations: in health care, communications, manufacturing, engineering etc. It is only normal that individuals and companies join in in a bid to contribute their quota and benefit from an ever-booming market. There are various …

The Banking and Financial Services Act (BFSA), 1994, gives the Bank of Zambia the authority to license, regulate and supervise banks and other financial institutions registered under the referred Act. There are mainly two categories of non-bank financial institutions: Deposit Financial Institution: These institutions are …

Introduction It is important for founders or promoters of business to understand their rights and obligations in relation to their proposed business, particularly under shareholders’ agreements, joint venture agreements, memorandum of understanding and other pre-incorporation contracts. Pre-incorporation contracts are any agreements entered into by proposed …

Football is the most popular sport in Nigeria, boasting a massive fan base that spans all demographics. As one of the most profitable sports in the world, football allows professional players to earn substantial incomes. The Nigerian football market is expanding, with increasing interest in …

Nigeria’s economy relies heavily on imports and has significant growth potential, necessitating a renewed emphasis on infrastructural development. Due to the extensive nature of the maritime sector, both local and foreign operators need to coordinate their efforts and resources to engage with the government in …

Introduction Mergers are a critical tool for corporate restructuring and business growth. In Nigeria, the merger process is regulated by a robust legal framework designed to ensure compliance with competition laws, protect consumer interests and promote economic efficiency. Below is an in-depth explanation of the …

If you are wondering whether a foreigner can register a company in Nigeria, the answer is yes. In accordance with the provision of section 18(1) of the Companies and Allied Matters Act, 2020 (“CAMA”), any two or more persons may form and incorporate a company …

1. What does the “Corporate Veil” mean? The question of who to sue when a business entity commits a wrong is one of the threshold questions that a Nigerian lawyer to an aggrieved person must answer before filing a claim in a Nigerian court. The …

Introduction From our understanding as company secretary of various companies in Nigeria, the meetings, proceedings and decision-making process of directors are largely in accordance with the provisions of their company’s articles of association. This means that business men in Nigeria have a chance to decide …

Registration of companies in Nigeria can now be completed in 24 hours after submission. The registration process is 100% digital. So, it is important that those handling your registration process should do so with the necessary knowledge and experience of the extant company law and …