Category: Publications

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 …

All digital loan companies’ licences in Lagos State must renew their licence as same is deemed to have expired by 31st of December 2024. Effective from 1st January 2025, digital lenders must reapply to to their respective licensing authorities for the renewal of their operational …

The entire team of Koriat is pleased to announce that the Central Bank of Nigeria has granted a Final Licence (Super Agents Licence) to LibertyPay Limited to operate agency banking in Nigeria. See below: There are different categories of payment licences for operators within the …

NO VIDEO RECORDING, NO VALID CONFESSION In a big move to uphold the supremacy of the constitutional rights of a crime suspect over the wide and potentially abusive powers of law enforcement agencies, the Supreme Court of Nigeria has in F.R.N. v. Akaeze 12 NWLR …

Winding up is a legal proceeding or procedure that may be initiated to end the life of a company. Winding-up is different from dissolution. The former is a means to an end, the latter is the end. During winding up, a company ceases to do …

Suspension is one of employer’s powers at common law, which Nigerian courts also uphold. Amongst all disciplinary powers vested in an employer, the power to suspend a staff member is the most versatile in the sense that it can be adopted for almost all kinds …

A charitable organization or non-governmental organisation (“NGO”) can be registered in Nigeria as either a Company Limited by Guarantee (“Ltd/Gte”) or an Incorporated Trustee (“IT”) depending on the intentions of its promoters and the intended scope of operations. The registration of business entities and NGOs …