Copyright is an exclusive legal right granted to the creator of a piece of work or art, typically to print, produce and publish that material. Copyright protection extends to a wide range of works, including literary, musical, and artistic works, as well as cinematography films,...
INTRODUCTION It is a cardinal principle of every judicial/adversarial system that all parties must be accorded equal opportunities to have their disputes resolved on its merits. It is on this premise that the principle of fair hearing was enshrined under Section 36 of the 1999 Constitution...
INTRODUCTION Value Added Tax (VAT) is an indirect tax payable by a consumer on the purchase and consumption of goods and services in Nigeria in compliance with Section 4 of the Value Added Tax Act (as amended). The rate of VAT on the value of...
The Companies and Allied Matters Act Chapter C20 Laws of the Federation of Nigeria 2004 (CAMA) was enacted in 1990. Although it was an improvement of the repealed Companies Act 1968, it was considered as being obsolete almost thirty years after it came into force. Consequently,...
The growth of Micro, Small and Medium-sized Enterprises (MSMEs) is said to be the backbone of any thriving economy. As such, it is important that businesses just starting or expanding understand their tax liability and compliance obligations, to ensure that they are always compliant and...
INTRODUCTION The growth of international trade and travel, together with the growing increase in commercial operations between Nigerians, foreign corporations and/or individuals have led to an awareness of certain legal problems including the recognition and enforcement of foreign judgements in Nigeria. Although Nigeria is not part of...
Nominee services are contractual arrangements between Nominees (directors and shareholders) and the actual or beneficial owners of these positions. It involves the official representation of directors and/or shareholders in a Company both physically and legally. Nominee services are generally sought after for the purpose of...
Introduction The Financial technology sector has seen a lot of activities in recent times, which has led to the Central Bank of Nigeria (CBN) playing catch up with the innovations of industry stakeholders. In a bid to better regulate and have a handle of the situation,...
Introduction The Microfinance banking sector has experienced a lot of changes in recent times. In the span of two years (2018 -2020), the Central Bank of Nigeria has increased the minimum capital requirement for a Microfinance Bank (‘MFB’) licence twice. One of the reasons for renewed...
Trademark is a type of intellectual property which essentially protects the “brand” of a business. The importance of trademark is more prominent in current times as a result of the global and digital nature of businesses. This is especially the case for certain online businesses...