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LIMITATION OF ACTIONS IN NIGERIA

LIMITATION OF ACTION IN NIGERIA In Nigeria, there are limitations applicable to various litigation, so it is necessary to understand the statute of limitations before going to court. The statute of limitations is a law that defines the period during which a lawsuit can be brought in court. And when the period specified in [...]

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HOW TO OPEN A CORPORATE BANK ACCOUNT IN NIGERIA

HOW TO OPEN A BUSINESS BANK ACCOUNT IN NIGERIA To open and operate a business account in Nigerian banks is an entirely different method from running an individual account in terms of its requirements and documentations. To be able to own a business account, the business must be duly registered in accordance with the [...]

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JURISDICTION OF COURTS IN NIGERIA

  INTRODUCTION The focus of this paper is on the Jurisdiction of courts in Nigeria. But before examining the types of courts in Nigeria and the extents of their Jurisdictions. It will be ideal to start off this discourse by examining the meaning and importance of Jurisdiction, the effect of decisions reached without jurisdiction [...]

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PROCEDURE FOR FINANCE COMPANY LICENSE IN NIGERIA

FINANCE COMPANY LICENSE IN NIGERIA   INTRODUCTION   The Central Bank of Nigeria, according to the powers conferred on it by Section 28 of the Central Bank of Nigeria Act and Section 56-61 of the Bank and Other Financial Institutions Act, issued revised guidelines to regulate the establishment, operations, and other activities of Finance [...]

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PROCEDURE FOR OBTAINING GOVERNOR CONSENT IN LAGOS NIGERIA

GOVERNOR’S CONSENT IN LAGOS STATE Governor’s consent is a consent obtained from the governor of a state on a land transaction, without which will be deemed illegal in the eyes of the government and the law. Governor’s consent in Lagos and every other state in Nigeria are absolutely necessary where the holder of a [...]

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OVERVIEW OF THE LAND REGISTRATION LAW OF LAGOS STATE

Land Registration Law of Lagos State 2015 was enacted on the 21st day of January 2015 to form a balance in the system of registration of titles, land instruments, and transactions in Lagos State, thereby bringing the Lagos State land sector under one uniform system. By virtue of the Land Use Act of 1978, [...]

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PROCEDURE FOR THE ENFORCEMENT OF FOREIGN JUDGEMENTS IN NIGERIA

ENFORCEMENT OF FOREIGN JUDGEMENTS IN NIGERIA The judgment of a court of a foreign country may be enforced through a Nigerian High Court either by way of an action at common law or by reciprocal enforcement. The principal legislation guiding the enforcement of foreign judgements in Nigeria is the Foreign Judgments (Reciprocal Enforcement) Act, [...]

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How Much Does A Deed Of Assignment Cost

How Much Does A Deed Of Assignment Cost? Under Nigerian law, a Deed of Assignment can only be prepared by a lawyer. There is a scale of charges to govern the charges of lawyers for handling land matters. But because this scale of charges is archaic, lawyers would rather prefer to negotiate their percentage [...]

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Is there a Difference Between Court Marriage and Registry Marriage in Nigeria?

Many people often ask the question of whether there is any difference between court marriage and registry marriage in Nigeria. The answer to the above is NO. Court and registry marriage are the same marriage process or type of marriage being called different names. Marriages are not conducted at the court registry, but only [...]

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PROCEDURE FOR LAND VERIFICATION IN LAGOS

The land verification in Lagos cut across different stages. These stages involve confirmation of survey at the office of the Surveyor-General, search at the land registry, search at the Corporate Affairs Commission and many other places as it may be applicable to a particular land transaction. By and large, the relevant methods or means [...]

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HOW TO VERIFY NIGERIAN DIVORCE CERTIFICATE

The procedure for how to verify a Nigerian divorce certificate commences by obtaining a copy of a particular divorce certificate to be verified. To verify divorce status in Nigeria, the applicant or its attorney must personally visit the appropriate court registry where the certificate was issued. Upon the successful completion of divorce proceedings in [...]

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ADVANTAGES OF BUSINESS NAME OVER LIMITED LIABILITY COMPANY IN NIGERIA

ADVANTAGES OF BUSINESS NAME There are different forms of company that can be registered by an individual at the Corporate Affairs Commission (CAC). An individual can either register a Business name, a Limited Liability Company or an Incorporated Trustee, however, these different ventures have their own advantages and disadvantages. The choice of the venture [...]

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PROCEDURE FOR EXPATRIATE QUOTA APPLICATION IN NIGERIA

The expatriate quota application in Nigeria immediately comes after the registration of a company in Nigeria by any foreigners seeking to migrate to Nigeria to carry out any permanent work. Subsequent to a successful application of the Expatriate Quota in Nigeria, the business would be in a position to process a Subject to Regularization(STR) [...]

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Guidelines for CBN Loan for small business

1.0 Introduction The coronavirus (COVID-19) pandemic has led to unprecedented disruptions to global supply chains, sharp drop in global crude oil prices, turmoil in global stock and financial markets, massive cancellation of sporting and entertainment event, the lockdown of large swaths movements of persons in many countries, and intercontinental travel bans/restrictions across critical air [...]

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OVERVIEW OF DEED OF LEASE IN NIGERIA

INTRODUCTION A deed of lease in Nigeria is a contract that outlines the terms of one party agreeing to lease property owned by the other party. It guarantees the use of assets by the lessee (also called the tenant) and guarantees the lessor (property owner or landlord) to be paid by the lessee regularly [...]

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PERFECTION OF TITLE OF LAND IN LAGOS NIGERIA

INTRODUCTION The perfection of Title in Lagos State simply means registering an interest in a property with the government. When purchasing a property in Lagos or elsewhere in Nigeria, it is statutory for the buyer of the property to obtain proper title register the said property with the government. The major governing the registration [...]

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DIFFERENCE BETWEEN A BUSINESS NAME AND A PRIVATE LIMITED LIABILITY COMPANY

INTRODUCTION There are differences between a business name and company, which are the major forms of incorporation for a new business start-up in Nigeria. It is important to know the legal implication of each structure of registration whether a Business name or a Private Limited Liability Company (LTD) before proceeding to the registration of [...]

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TRADE MARKS ACT

TRADE MARKS ACTARRANGEMENT OF SECTIONS The Registrar and the register SECTIONI. The Registrar of Trade Marks.2. The register. Effects of registration and non-registration 3. Effect of non-registration.4. Registration to be in respect of particular goods.5. Right given by registration in Part A.6. Right given by registration in Part B.7. Saving for vested rights.8. Saving [...]

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HOW TO DISSOLVE A MARRIAGE IN NIGERIA

INTRODUCTION The procedure for how to dissolve a marriage in Nigeria depends on the type of marriage contracted. For the purpose of divorce proceedings, there are two major types of marriage in Nigeria, which are; Statutory marriage Customary marriage (including Islamic marriage) Statutory Marriage A statutory marriage (also known as legal marriage) can only [...]

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CHIEF JUSTICE OF NIGERIA

Hon. Justice Ibrahim Tanko Muhammad CFR CJN   The current Chief Justice of Nigeria, Hon. Justice I. T. Muhammad, CFR, CJN was born on the 31st December 1953. He hails from Doguwa, Giade Local Government of Bauchi State.   He attended primary school at Giade Primary School from 1961 to 1968. He proceeded to [...]

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JUSTICES OF THE SUPREME COURT OF NIGERIA

SUPREME COURT OF NIGERIA JUSTICES The Justices of the Supreme Court of Nigeria are appointed by the President of Nigeria on recommendation of the National Judicial Council and subject to the confirmation of the senate. Pursuant to the provisions of the 1999 Constitution of Nigeria, the judgement or decision of [...]

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OVERVIEW OF COMMERCIAL LEASE IN NIGERIA

COMMERCIAL LEASE AGREEMENTS Commercial lease in Nigeria is a form of lease agreement where the landlord leases his property for commercial purpose. Also, a commercial lease is an agreement between the landlord and the enterprise regarding property lease. Most organizations will decide to lease property instead of obtaining it because it requires less capital. [...]

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OVERVIEW OF TAXATION LAWS IN NIGERIA

Tax laws in Nigeria are laws and regulations guiding the collection and administration of taxes. The types of taxes collectable in Nigeria, as well as the bodies in charge of collecting, managing and regulating taxation, are stipulated by the following tax laws in Nigeria- Personal Income Tax Act Companies Income Tax Act Finance Act [...]

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LAWS REGULATING REAL ESTATE IN NIGERIA

REAL ESTATE LAWS AND REGULATIONS REAL ESTATE LAWS LAW IN NIGERIA The laws regulating real estate in Nigeria can be classified into federal based laws and state-based laws. At the federal level are laws that govern the country as a whole. There are also regional laws governing some sections of the country. Some of [...]

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The Constitution of Nigeria 1999

1999 Constitution of Nigeria Constitution of the Federal Republic of Nigeria 1999 Arrangement of sections Chapter I General Provisions Part I Federal Republic of Nigeria 1. Supremacy of constitution. 2 The Federal Republic of Nigeria. 3 States of the Federation and the Federal Capital Territory, Abuja.   Part II Powers of the Federal Republic [...]

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HOW TO OBTAIN TAX CLEARANCE CERTIFICATE IN NIGERIA

FIRS TAX CLEARANCE CERTIFICATE A Tax Clearance Certificate in Nigeria is basically a document stating that an entity does not owe tax for a period of time specified in the certificate. The tax clearance is a certificate of clearance, indicating one has been cleared for a period of time because it has paid its [...]

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OVERVIEW OF SINGLE STATUS CERTIFICATE IN NIGERIA

ATTESTATION OF MARITAL STATUS A single status certificate is an affidavit that testifies to the fact that a man or woman has never been married before and that there is no record within the country (Nigeria) in this instance of the person being married. It is usually required as someone proof or attestation of [...]

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HOW TO APPLY FOR NAFDAC GLOBAL LISTING PERMIT

REQUIREMENTS FOR NAFDAC GLOBAL LISTING PERMIT The registration of products under global listing with the National Agency for Food Drug Administrative Control (NAFDAC) is only applicable to food and cosmetics items produced in large quantities. The NAFDAC Global Listing license or permit is relevant where an importer or supermarket’s owner intends to import branded [...]

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A Brief Overview of Bigamy and Adultery under Nigerian Law

Bigamy in Nigeria Marriage is a social and legal relationship. There are legal regulations to maintain the sanctity of marriage and to prevent actions deemed offensive to public morals. Every legal system, therefore, presents a conception of marriage, which states what validly constitute a marriage, stipulates actions that are wrong, and provides ground for [...]

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OVERVIEW OF MONEY LAUNDERING CASES IN NIGERIA

 MONEY LAUNDERING CASES IN NIGERIA Money laundering is the process of concealing the origins of illegally obtained money, typically by means of transfers through a legitimate business. The principal law governing money laundering in Nigeria is the Money Laundering Prohibition Act (2011). The leading government agency investigating and prosecuting the offenses of money laundering [...]

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INTELLECTUAL PROPERTY LAW FIRMS IN NIGERIA

IP LAW FIRM There are various law firms in Nigeria engaging in various aspects of legal practice. An intellectual property law firm engages in various IP matters, which include copyright registration, patent filing, trademark registration, industrial design registration, and intellectual property rights enforcement among others. Intellectual property rights are governed by various intellectual property [...]

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PROCEDURE FOR ATTESTATION OF CERTIFICATE IN NIGERIA

DOCUMENT ATTESTATION IN NIGERIA ATTESTATION OF DEGREE CERTIFICATE There are several reasons why anyone would want to legalize a certificate or any other documents. Attestation of documents in Nigeria is usually required for documents, which are required to be used for any official or private purpose abroad. Documents that are issued either by the [...]

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THE PRINCIPLE OF NO FAULT DIVORCE IN NIGERIA

A no-fault divorce is a form of dissolution of marriage where the proof of wrongdoing is not required to be shown by either party.  A no fault divorce in Nigeria is indirectly provided by the virtue of Section 15(1) and Section 15 (2) ( e ) and ( f ) of the Matrimonial Causes [...]

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BRIEF SUMMARY OF REVIEW OF TAX LAWS IN NIGERIA 2020

REVIEW OF FINANCE ACT IN NIGERIA President Muhammadu Buhari on Monday 13, January 2020 signed the Finance bill designed to create an enabling environment for business and investment by those in the private sector. This bill was earlier presented by the president at a joint session of the National Assembly on October 14 2019. [...]

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An Overview of Certificate of Spinsterhood in Nigeria

Affidavit of Spinsterhood in Nigeria Attestation of Marital Status Certificate of spinsterhood in Nigeria is basically an affidavit (sworn to before the commissioner of oath in the High Court of the state) attesting to her single marital status, clearly stating that the woman is free to marry and there is no hindrance of a [...]

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HOW TO LEGALIZE DOCUMENTS IN NIGERIA

LEGALISATION OF DOCUMENTS Legalization of documents in Nigeria essentially deals with the certification or attestation of the authenticity of signatures on documents and compliance of same with the laws of a country where it was issued. The procedure of how to legalize documents in Nigeria are usually the same for most documents that require [...]

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LEGAL PRACTITIONERS AND CONSULTANTS IN NIGERIA

LEGAL CONSULTANTS IN NIGERIA Resolution Law Firm is a leading law firm in Nigeria with more than a dozen legal practitioners in Nigeria. The firm acts as legal consultants in Nigeria to several individuals, local and multinational companies in Nigeria. The law firm has various competent and experienced lawyers focusing on various areas of [...]

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HOW TO GET A DOCUMENT NOTARIZED IN NIGERIA

NOTARIZING A DOCUMENT IN NIGERIA There is a procedure for how to get a document notarized in Nigeria and in every other part of the world. In general parlance and in most parts of the world, a document can only be accepted internationally if it has been notarized or authenticated and its genuineness verified [...]

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AUTHENTICATION OF RESULT IN NIGERIA

HOW TO AUTHENTICATE CERTIFICATE IN NIGERIA ATTESTATION OF RESULTS IN NIGERIA The procedure for authentication of result in Nigeria usually commences with the notarization of the certificate by the Notary Public. The authentication is usually required by institutions in some countries. It is worthy of note to state that it is not all institutions [...]

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PROCEDURE FOR NIGERIAN BIRTH CERTIFICATE AUTHENTICATION

HOW TO LEGALIZE BIRTH CERTIFICATE IN NIGERIA The procedure to Nigerian birth certificate authentication usually commences by obtaining the birth certificate or the age attestation certificate from the National Population Commission (NPC). Because Nigeria is not a signatory to the Hague Convention Abolishing the Requirement of Legalization for Foreign Public Documents (the Apostille Convention), [...]

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PATENT LAW AND RIGHT OF A PATENT IN NIGERIA

PATENT REGULATIONS IN NIGERIA The Patent and Design Act 1971 (the Act) is the principal patent law in Nigeria. A patent is a grant by a country to an inventor of an exclusive monopoly right to preclude another person from exploiting, making, using, importing, or selling invention his invention without his consent for a [...]

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ENFORCEMENT OF INTELLECTUAL PROPERTY RIGHTS IN NIGERIA

FORMS OF INTELLECTUAL PROPERTY RIGHTS IN NIGERIA The enforcement of intellectual property rights in Nigeria involves various judicial and administrative mechanisms. The intellectual property right is an intangible property right, which is protected under the law. The intellectual property connotes all forms of copyrights; Inventions in all fields of human endeavour; Industrial designs; and [...]

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AUTHENTICATION OF MARRIAGE CERTIFICATE IN NIGERIA

LEGALIZATION OF MARRIAGE CERTIFICATE IN NIGERIA The procedure for an authentication marriage certificate in Nigeria involves three major steps. The first step is to obtain the certified true copy (CTC) of the marriage certificate at relevant registry; notarize the marriage certificate with the notary public in Nigeria; the third step is the attestation from [...]

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RULES AND REGULATIONS OF DOING BUSINESS IN NIGERIA

BUSINESS LAWS IN NIGERIA There are several applicable rules and regulations of doing business in Nigeria. This purpose of this write-up is aimed at summarizing the steps required to carry out business in Nigeria and the rule and regulations governing businesses in Nigeria. Business setup and operation in Nigeria are governed by various laws. [...]

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OVERVIEW OF COPYRIGHT LAWS IN NIGERIA

COPYRIGHT LAWS IN NIGERIA ADMINISTRATION OF COPYRIGHT IN NIGERIA A copyright is an exclusive right given to the originator of creative work to reproduce the work for a limited period. Copyright protects the work of authors, artists, songwriters, music publishers and composers, photographers and other creatives. The primary copyright law in Nigeria is the [...]

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OVERVIEW OF WITHHOLDING TAX IN NIGERIA

WITHHOLDING TAX RATES IN NIGERIA 2020 WITHHOLDING TAX LAW Withholding Tax in Nigeria is a form of advance payment of income tax. It is a payment on account of the ultimate income tax liability of the taxpayer or company. Withholding tax (WHT) is not a separate tax on its own and does not confer [...]

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REGISTRATION AND BENEFITS OF FREE TRADE ZONES IN NIGERIA

BENEFITS OF THE FREE TRADE ZONES IN NIGERIA FREE TRADE ZONES REGULATIONS A free-trade zone is a class of special economic zone. It is a geographic area where goods may be landed, stored, handled, manufactured, or reconfigured and re-exported under specific customs regulation and generally such goods are not subject to customs duty. Free [...]

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OVERVIEW OF COMPANY INCOME TAX IN NIGERIA

COMPANY INCOME TAX IN NIGERIA The Company Income Tax Act (CITA) is the principal law that regulates the taxation of companies in Nigeria. The tax regime in Nigeria is a multi-level tax system, which simply means that tax is administered by the three tiers of government. The Federal Inland Revenue Service (FIRS) administers or [...]

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LEGALIZATION OF DOCUMENTS IN NIGERIA

LEGALIZATION AND AUTHENTICATION OF DOCUMENTS IN NIGERIA Legalization of a document in Nigeria connotes the certification of a document, which has already been authenticated.  It is a process by which a foreign embassy in Nigeria certifies the genuineness of signature or stamps and/or seal made by the authorized officials of the Ministry of Foreign [...]

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OVERVIEW OF GAMING LAWS IN NIGERIA – SPORTS BETTING LICENCE

HOW TO OBTAIN SPORTS BETTING LICENSE IN NIGERIA  There are various laws in Nigeria regulating gambling & gaming licensing at both federal and state levels of government. Some of the laws governing gaming in Nigeria include the National Lottery Act 2005; National Lottery Regulations 2007 (as amended); Lagos State Lottery Law 2004 and various [...]

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