HOW TO APPEAL A JUDGEMENT IN NIGERIA

Appealing a judgment is simply to invite a higher Court than the Court that adjudicated and gave judgment on a matter, to find out whether the lower Court arrived at a correct decision after evaluating and considering the facts before it and the applicable laws. This article seeks to give an overview of appeal and [...]

By |February 21st, 2021|Litigation|0 Comments

OVERVIEW OF THE JURISDICTION OF THE FEDERAL HIGH COURT IN NIGERIA

The jurisdiction of the Federal High Court is enshrined in the Constitution of the Federal Republic of Nigeria 1999 (as amended), which provides for the judiciary arm of Government (the Courts). Section 249 (1) of the Constitution created the Federal High Court, which is the third-highest court in the hierarchy of courts in Nigeria. The [...]

By |February 20th, 2021|Courts, Litigation|Comments Off on OVERVIEW OF THE JURISDICTION OF THE FEDERAL HIGH COURT IN NIGERIA

OVERVIEW OF JOINT TENANCY AND TENANCY IN COMMON IN NIGERIA

Joint Tenancy and Tenancy in common are similar in respect to the fact that they are estates held by more than one owner. However, both concepts are different in every other aspect. In Joint Tenancy, each tenant has equal shares in the same property with the same deed at the same time. There contain no [...]

By |January 24th, 2021|Family Law|Comments Off on OVERVIEW OF JOINT TENANCY AND TENANCY IN COMMON IN NIGERIA

LEGAL REMEDIES FOR MALICIOUS PROSECUTION IN NIGERIA

Malicious prosecution could be defined as a tort arising from unsuccessful criminal or civil proceedings instituted against another party with malice and without probable or reasonable cause. It is also defined as the tort of initiating criminal prosecution or civil suit against another party with malice and without probable cause. Where any person has been [...]

By |January 24th, 2021|Criminal Matters, Litigation|Comments Off on LEGAL REMEDIES FOR MALICIOUS PROSECUTION IN NIGERIA

How to Start an Oil and Gas Company in Nigeria

The Oil and Gas sector serves as a major source of revenue in Nigeria. Any person intending to start an oil and gas business in Nigeria must comply with certain legal requirements. This write-up will give a breakdown of the step-by-step procedure necessary to set up an oil and gas business in Nigeria. The following [...]

By |January 17th, 2021|Business Fromation, Oil & Gas|Comments Off on How to Start an Oil and Gas Company in Nigeria

Procedure for Annulment of Marriage in Nigeria

Annulment of Marriage in Nigeria There are various matrimonial reliefs available in the Matrimonial Causes Act (hereinafter referred to as the Act), 1978 for persons in a statutory marriage. One such is the annulment of marriage which in Section 114 of the Act is referred to as “Nullity of Marriage”. An application for nullity of [...]

By |January 17th, 2021|Family Law|Comments Off on Procedure for Annulment of Marriage in Nigeria

Restriction of Personal and Protected Information for Companies in Nigeria

The Companies and Allied Matters Act, 2020 (CAMA) has made provisions to protect the information of individuals specified by them as private or restricted. This is laudable, considering the recent trends of data breaches, identity theft, fraud which are enhanced by having access to such information and laws enforcing privacy and data protection. Sections 323-329 [...]

By |January 10th, 2021|Corporate Matters|Comments Off on Restriction of Personal and Protected Information for Companies in Nigeria

How To Register A Limited Liability Partnership in Nigeria

How To Register LLP in Nigeria Limited Liability Partnership in Nigeria A Limited Liability Partnership (LLP) is one of the laudable innovations of the Companies and Allied Matters Act (CAMA) 2020. It is essentially a fusion of the features of a partnership and a company where a group of individuals can pool resources together to [...]

By |January 10th, 2021|Business Fromation|Comments Off on How To Register A Limited Liability Partnership in Nigeria

CBN launches N75 billion Youth Investment Fund

The Central Bank of Nigeria (CBN) has launched the N75 billion Youth Investment Fund. The Federal Executive Council approved the establishment of the fund for three years (2020–2023) to assist the Nigerian youths that require urgent funds for their businesses. In the CBN’s guidelines for the implementation of the scheme published on its site, the apex bank also [...]

By |December 26th, 2020|Finance|Comments Off on CBN launches N75 billion Youth Investment Fund

SMALL BUSINESS TAXATION IN NIGERIA

Small businesses in Nigeria are liable for various tax obligations to various governments in Nigeria. It is important to know the taxes small businesses will be subjected to before commencing the operation of a small business in Nigeria. Upon the registration of a business, such business is required to start remitting a certain amount of [...]

By |December 26th, 2020|Taxation|Comments Off on SMALL BUSINESS TAXATION IN NIGERIA

HOW TO FORM A POLITICAL PARTY IN NIGERIA

Forming a Political Party in Nigeria is a right of individuals, which has its root under Section 40 of the Constitution of the Federal Republic of Nigeria 1999, which provides that; “Every person shall be entitled to assemble freely and associate with other persons, and in particular he may form or belong to any political [...]

By |December 26th, 2020|Politics & Election|Comments Off on HOW TO FORM A POLITICAL PARTY IN NIGERIA

ADVANTAGE & IMPORTANCE OF TRADEMARK IN NIGERIA

ESSENCE OF TRADEMARK REGISTRATION IN NIGERIA The trademark registration in Nigeria has various importance. A trademark is a recognizable word or words, phrase, logo, symbol, signs or expressions registered at the Trademark Registry to represent or identify a company, products, or services to distinguish its brand from others in the commercial market, hence, it is [...]

By |December 26th, 2020|Intellectual Property|Comments Off on ADVANTAGE & IMPORTANCE OF TRADEMARK IN NIGERIA

PROCEDURE FOR NOTAP REGISTRATION

NIGERIA NOTAP REGISTRATION  The National Office for Technology Acquisition and Promotion (NOTAP) is a government agency with the Federal Ministry of Science and Technology charged with the responsibility of implementing the acquisition, development, and transfer of foreign technology into Nigeria. It is governed by the National Office for Technology Acquisition and Promotion Act CAP N62 [...]

By |December 26th, 2020|Intellectual Property, Legal Services|Comments Off on PROCEDURE FOR NOTAP REGISTRATION

Appraisal of Certificate of Occupancy In Nigeria

The enactment of the Land Use Act 1978 (the Act) birthed a new system wherein by virtue of Section 1 of same, all lands within the territory of a State are vested in the Governor of that State who shall hold same in trust for the benefit of the people. Thus, a person in Nigeria [...]

By |December 13th, 2020|Real Estate Law|Comments Off on Appraisal of Certificate of Occupancy In Nigeria

How To Conduct Land Verification In Abuja

To conduct a land verification in Abuja, an application for verification must be made to the appropriate authority or land registry. In Abuja, the appropriate authority is the Abuja Geographic Information System (AGIS). A person intending to purchase land within the environs of the Federal Capital Territory must submit the following requirements at AGIS to [...]

By |December 13th, 2020|Family Law|Comments Off on How To Conduct Land Verification In Abuja

REGISTRATION REQUIREMENTS AS A RATING AGENCY

In every capital market, it is expedient to have a benchmark for making decisions and a tool for envisaging the risk associated with such decisions. Thus, ratings play an important role in the Nigerian Capital Market and the global financial system at large. It is a tool needed to promote the development and seamless running [...]

By |December 3rd, 2020|Finance|Comments Off on REGISTRATION REQUIREMENTS AS A RATING AGENCY

REGISTRATION REQUIREMENTS AS A CUSTODIAN OF SECURITIES

Custodian of securities means a person who has custody, as a bailee, of securities or certificate issued in the investor’s name with the investor’s name appearing in the issuer’s register as the beneficial owner of the securities. Functions Registered custodian of securities shall have the following functions, amongst others: Maintaining accounts of securities of a [...]

By |December 3rd, 2020|Finance|Comments Off on REGISTRATION REQUIREMENTS AS A CUSTODIAN OF SECURITIES

REGISTRATION REQUIREMENTS AS A MARKET MAKER

Market maker means any specialist permitted to act as a dealer, any dealer acting in the position of a block positioner, any dealer who, with respect to security, holds himself out as being ready to buy and sell such securities for his own account on a regular and continuous basis. The market-making system may be [...]

By |December 3rd, 2020|Finance|Comments Off on REGISTRATION REQUIREMENTS AS A MARKET MAKER

REGISTRATION REQUIREMENTS AS A FUND/ PORT FOLIO MANAGER

A portfolio manager holds a very important role when it comes to fund investing. A portfolio manager is a person or institution with the duty to invest a fund's assets, implement the fund's investment strategies, and manage day-to-day portfolio management. Portfolio management is a process by which investments that meet the long-term financial objectives and [...]

By |December 3rd, 2020|Finance|Comments Off on REGISTRATION REQUIREMENTS AS A FUND/ PORT FOLIO MANAGER

REGISTRATION REQUIREMENTS AS AN INVESTMENT ADVISER IN THE CAPITAL MARKET

The entity authorized to engage in the business of providing investment advice to others or issuing reports or analyses regarding securities, for compensation is known as an Investment Adviser. Functions Investment advisers may perform the following functions: Investment advisory services; Making recommendations as to types of securities to buy or sell; Publication of financial market [...]

By |December 3rd, 2020|Finance|Comments Off on REGISTRATION REQUIREMENTS AS AN INVESTMENT ADVISER IN THE CAPITAL MARKET

REGISTRATION REQUIREMENTS AS A TRUSTEE IN THE CAPITAL MARKET

The fiduciary role of a trustee has its origin from the English Common Law and the principles of Equity. This concept has authorized the trustee to be an independent third party saddled with the responsibility of protecting conflicting interests between the issuer and investor in the financial market. A trustee is usually hired by an [...]

By |December 3rd, 2020|Finance|Comments Off on REGISTRATION REQUIREMENTS AS A TRUSTEE IN THE CAPITAL MARKET

REGISTRATION REQUIREMENTS AS A RECEIVING BANKER/ BANKER TO AN ISSUE

Receiving banks are banks designated by an issuer to receive proceeds. It is a scheduled bank carrying on all or any of the following issue related activities namely; acceptance of application and application monies; acceptance of allotment or call monies; refund of application monies and payment of a dividend or interest warrants. Functions Banker to [...]

By |December 3rd, 2020|Finance|Comments Off on REGISTRATION REQUIREMENTS AS A RECEIVING BANKER/ BANKER TO AN ISSUE

REGISTRATION REUIREMENTS AS SUB-BROKER IN THE CAPITAL MARKET

A Sub-Broker is a financial operator registered by the Securities and Exchange Commission (SEC) to act on behalf of a broker/dealer as its agent for assisting investors in buying, selling or dealing in securities through a broker. Functions A registered sub-broker shall have the following functions which shall be carried out only through its sponsoring [...]

By |December 3rd, 2020|Finance|Comments Off on REGISTRATION REUIREMENTS AS SUB-BROKER IN THE CAPITAL MARKET

REGISTRATION REQUIREMENTS AS BROKERS/ DEALERS IN THE CAPITAL MARKET

  Investors have engaged the services of brokers or dealers for easy participation in the financial world as the financial world can be full of mysteries and risks for investors especially when the languages and terms of the market are not understood. Thus, a broker can be seen to be a financial intermediary executing order [...]

By |December 3rd, 2020|Finance|Comments Off on REGISTRATION REQUIREMENTS AS BROKERS/ DEALERS IN THE CAPITAL MARKET

REGISTRATION REQUIREMENTS AS AN UNDERWRITER IN THE CAPITAL MARKET

 Underwriting simply means an arrangement where an underwriter undertakes for an authorized commission, to pay an issuer of securities an amount based on the price of the securities determined at a predetermined date in conjunction with the issuer and the issuing house with a view to resale not as a form of investment. Hence, underwriting [...]

By |December 3rd, 2020|Finance|Comments Off on REGISTRATION REQUIREMENTS AS AN UNDERWRITER IN THE CAPITAL MARKET

REGISTRATION REQUIREMENTS AS AN ISSUING HOUSE/ MERCHANT BANKER

An issuing house is a financial intermediary assigned to provide financial advisory services to companies, whether quoted or unquoted companies, federal government agencies, and government institutions with reference to investments especially when these companies or government institutions need additional funds to finance capital projects from the capital market. The issuing house plays a vital role [...]

By |December 3rd, 2020|Finance|Comments Off on REGISTRATION REQUIREMENTS AS AN ISSUING HOUSE/ MERCHANT BANKER

TRADEMARK CLASS 45- FOR LEGAL, CONSULTANCY AND SOCIAL SERVICES

Legal services; conveyancing services; security services for the protection of property and individuals; social work services; consultancy services relating to health and safety; consultancy services relating to personal appearance; provision of personal tarot readings; dating services; funeral services and undertaking services; fire-fighting services; detective agency services.

By |December 3rd, 2020|Trademark Classes|Comments Off on TRADEMARK CLASS 45- FOR LEGAL, CONSULTANCY AND SOCIAL SERVICES

TRADEMARK CLASS 42- FOR SCIENTIFIC AND TECHNOLOGICAL SERVICES

Scientific and technological services and research and design relating thereto; industrial analysis and research services; design and development of computer hardware and software; computer programming; installation, maintenance and repair of computer software; computer consultancy services; design, drawing and commissioned writing for the compilation of websites; creating, maintaining and hosting the websites of others; design services.

By |December 3rd, 2020|Trademark Classes|Comments Off on TRADEMARK CLASS 42- FOR SCIENTIFIC AND TECHNOLOGICAL SERVICES

TRADEMARK CLASS 35- ADVERTISING, BUSINESS MANAGEMENT AND RETAIL SERVICES

Advertising; business management; business administration; office functions; electronic data storage; organisation, operation and supervision of loyalty and incentive schemes; advertising services provided via the Internet; production of television and radio advertisements; accountancy; auctioneering; trade fairs; opinion polling; data processing; provision of business information; retail services connected with the sale of goods.

By |December 3rd, 2020|Trademark Classes|Comments Off on TRADEMARK CLASS 35- ADVERTISING, BUSINESS MANAGEMENT AND RETAIL SERVICES

TRADEMARK CLASS 30- BEVERAGES AND STAPLE FOOD PRODUCTS

Coffee, tea, cocoa, sugar, rice, tapioca, sago, artificial coffee; flour and preparations made from cereals, bread, pastry and confectionery, ices; honey, treacle; yeast, baking-powder; salt, mustard; vinegar, sauces (condiments); spices; ice; sandwiches; prepared meals; pizzas, pies and pasta dishes.

By |December 3rd, 2020|Trademark Classes|Comments Off on TRADEMARK CLASS 30- BEVERAGES AND STAPLE FOOD PRODUCTS