SETTING UP A REAL ESTATE COMPANY IN NIGERIA: OPPORTUNITIES,REGULATIONS, AND KEY REQUIREMENTS
The real estate sector in Nigeria presents a wide range of opportunities, with each one subject to specific regulations. Businesses in this industry range from construction and property development companies, through property management, short-let services, estate surveying and valuation, to real estate agency operations. Of importance is that Nigeria does not restrict foreigners from setting […]
DOCUMENT CERTIFICATION IN NIGERIA: A STEP-BY-STEP GUIDE
Certification of documents in Nigeria is a very significant process that ascertains the validity of a document to ensure it meets all the legal and administrative requirements. This procedure is of immense importance in various scenarios, such as court cases, academics, international deals, company hiring, and immigration purposes. Certification shows that a document’s copy is […]
TERMINATION OF CONTRACTS UNDER NIGERIAN LAW
In the case of most commercial relationships, parties negotiate and agree to terms and conditions, normally captured in a contract. A contract is the oral or written agreement that stipulates rights and obligations of parties enforceable by law. The termination of a contract has been defined as the expiration of the commercial relationship before the […]
HOW. TO OBTAIN A MANUFACTURING LICENSE IN NIGERIA
Manufacturing in Nigeria requires compliance with several regulatory regimes that ensure the quality of the product, safety for consumption, and protection of the environment. This guide describes critical steps, requirements, and regulatory bodies required to obtain a manufacturing license in Nigeria. Why is a Manufacturing License Necessary? The following are some important reasons why obtaining […]
DIFFERENCE BETWEEN PUBLIC AND PRIVATE COMPANIES IN NIGERIA
Private and public limited liability companies are the most important forms of business entities in Nigeria, each serving different purposes and operating under different frameworks. This article examines the key features and differences between these two types of companies. Private Companies A private company, under the Companies and Allied Matters Act, is characterized by the […]
EMPLOYMENT RELATIONSHIP AND TERMINATION IN NIGERIA: COMPLETE GUIDE TO LABOUR LAWS AND EMPLOYMENT RIGHTS
The employment relationship, by definition, determined through the interaction between employer and employee, provides a basis for situations of all terminations. This relationship in itself is birthed through a contract of employment-either in writing or oral-whereto one party agrees to employ the other, the latter agreeing to his provision as an employee. While the employer […]
UNDERSTANDING THE EXPATRIATE QOUTA SYSTEM IN NIGERIA
The expatriate quota system is an important component of Nigeria’s immigration framework, put in place to regulate the flow of foreign nationals seeking gainful employment in the country. It ensures that expatriates are employed in industries requiring specialized skills while reserving opportunities for Nigerian citizens. This balances the usage of foreign expertise with the nurturing […]
CORPORATE COMPLIANCE IN NIGERIA: ESSENTIAL GUIDELINES AND LEGAL REQUIREMENTS FOR BUSINESSES
For businesses aiming to thrive in Nigeria’s business landscape, understanding and adhering to the country’s regulatory environment is critical. Navigating the array of laws, guidelines, and directives issued by government bodies and regulatory authorities is referred to as regulatory compliance. Below is an in-depth overview of the regulatory compliance process for companies operating in Nigeria: […]
TENANT RIGHTS IN NIGERIA: LEGAL PROTECTION AGAINST UNINHABITABLE LIVING CONDITIONS IN NIGERIA
Tenants have the right to a safe and habitable home, no matter how little rent they pay. A “habitable home” means that the rental meets minimum living requirements, including a roof that does not leak rain, enough ventilation, solid floors and walls, protection from serious environmental hazards, and reasonable security against crime. In Chukwuma & […]
EXPLORING LAND OWNERSHIP TRANSFERS IN NIGERIA
In Nigeria, the transfer of land ownership is a nuanced process encompassing various methods to seamlessly transition legal rights from one party to another. Here’s an extensive breakdown of the key methods and considerations involved: Sale The sale of land involves the direct transfer of ownership from one individual to another in exchange for a […]