OVERVIEW OF ANTI-MONEY LAUNDERING LAWS IN NIGERIA
Money laundering has emerged as a pressing global issue, with criminal actors exploiting financial systems to obscure the origins of illicit funds. In response, Anti-Money Laundering (AML) framework’s comprising laws, regulations and enforcement mechanisms, have been developed to detect, deter and disrupt the laundering of criminal proceeds. These frameworks aim to safe guard the integrity […]
HOW TO GET A COURT ORDER IN NIGERIA
Issuance of Court orders in Nigeria The issuance of a court order in Nigeria depends on the nature and stage of the legal proceeding, and the procedural rules governing such proceedings. A court order can be orally communicated by the judge and subsequently reduced to writing. It is generally a formal order, ruling, or command […]
EMPLOYMENT AND LABOUR LAW FIRM IN ABUJA AND LAGOS
Abuja, Nigeria’s capital city, has evolved at dizzying speed into a thriving hub of business and legal activity. Amongst the numerous law firms practicing in this cosmopolitan environment, Olamide Oyetayo & Co emerges as first choice through sheer expertise and unwavering commitment to Employment and Labour Law. Founded by excellence and the outcome-focused mindset, Olamide […]
INVESTMENT SCAM IN NIGERIA: THE LEGAL REMEDIES
There has been a worrisome rise in fraudulent scams masquerading as finance houses in Nigeria over the years. These schemes have a tendency to lure unsuspecting members of the public with the promise of unusually high Returns on Investment (ROIs), sometimes between 30% and 50%. The rise in the number of these scams is attributed […]
HOW TO LEGALLY REVERSE A WRONG BANK TRANSFER THROUGH COURT ORDER
Mistakes occur—especially in the age of technology. One common error is sending money to an incorrect bank account by mistake. For instance, you are intending to send money to “James,” but actually send it to “Sarah,” someone you do not know. In this case, it may not be easy to get in touch with “Sarah” […]
FREEZING OF BANK ACCOUNTS IN NIGERIA
In the modern digital era, it’s increasingly becoming a norm for innocent people to get caught up in financial fraud investigations — just because suspicious funds were traced to their bank accounts. If you ever get caught up in such a scenario, knowing what to do is important. Below is a guide to assist you […]
CORPORATE TAXATION IN NIGERIA
Corporate tax refers to the various taxes imposed on firms and legal entities doing business in Nigeria. The taxes are typically deducted from a company’s earnings and continue to be a significant source of revenue for governments. The revenue from taxation is, in turn, utilized by the Nigerian government to fund infrastructure projects, social issues, […]
HOW TO START A GAMING & BETTING BUSINESS IN NIGERIA
Over the past few years, Nigeria has experienced accelerated growth in the gaming and betting industry. This growth is basically driven by increasing internet and mobile penetration and the availability of digital payments options offered by fintech. All these have made it simpler for more individuals to access gaming and betting, propelling the growth of […]
HOW TO CHECK AND VERIFY PROPERTY TITLES IN NIGERIA BEFORE BUYING
Real estate investment in Nigeria is a lucrative venture, but it is riddled with risk—especially in terms of titles. Land sale scams, issues of who owns what. According to the Economic and Financial Crimes Commission (EFCC), over 70% of real estate fraud crimes in Nigeria are related to title irregularity issues. In order to make […]
COMPREHENSIVE GUIDE TO REPATRIATION OF CAPITAL AND PROFITS IN NIGERIA BY FOREIGN INVESTORS
Repatriation refers to the process of transferring people, assets, or funds back to their country of origin. In financial terms, it involves converting foreign-earned income, investments, or profits into the investor’s home currency. Businesses, individuals, and multinational corporations frequently engage in repatriation when they return capital from foreign subsidiaries, investments, or overseas income to their […]