HOW TO VOLUNTARILY WIND UP A COMPANY IN NIGERIA
In Nigeria, a company can be wound up voluntarily by resolution of its shareholders or compulsorily by an order of court. Voluntary winding up of a company involves the resolution of all its affairs and legal dissolution of the company as a corporate entity. This article addresses voluntary winding up in line with procedures, duties […]
REMEDIES FOR VICTIMS OF ONLINE DEFAMATION AND CYBERBULLYING IN NIGERIA
The rise of social media and digital platforms has transformed how people connect and share information. Unfortunately, it has also led to an increase in harmful conduct such as online defamation and cyberbullying, which often cause reputational damage, emotional distress, and even financial loss for victims. Unlike traditional forms of defamation, online abuse spreads faster, […]
LIST OF TRADEMARK CLASSES IN NIGERIA
A registered trademark is an identity and distinction that sets apart products of particular providers from those of others in the marketplace and affords the opportunity to benefit from the valuable reputation built over time in course of using the trademark. Trademark applications are arranged according to the description and scope of the type of […]
LEGAL DUTIES OF EXECUTORS IN ESTATE MANAGEMENT AND PROBATE IN NIGERIA
The death of a person triggers a series of legal processes for the administration and distribution of their estate. One can die testate (with a valid Will) or intestate (without a Will) in law. In the event of a person dying testate, the Testator (drafter of the Will) has to appoint persons to oversee the […]
LAW FIRMS IN ABUJA
Law firms in abuja
SUMMARY OF TAXES APPLICABLE TO COMPANIES IN NIGERIA
Taxes in Nigeria are levied on the individual and companies, and are collected mainly by the Federal Inland Revenue Service (FIRS) on behalf of the Federal Government. Some taxes are mandated under the law, including Company Income Tax, Petroleum Profit Tax, Capital Gains Tax, Value Added Tax, Stamp Duties, Personal Income Tax, Withholding Tax, Education […]
DEBT RECOVERY IN NIGERIA: LEGAL FRAMEWORK,PROCEDURES & ENFORCEMENT
Debt recovery is a critical aspect of business as well as personal transactions in Nigeria. Debts may arise from loan agreements, credit sales, supply of goods and services, tenancy or rent agreements, or even court judgments. If a debtor defaults or in any way declines to settle the debt, the creditor risks incurring heavy financial […]
PROPERTY REGISTRATION IN NIGERIA
Property registration in Nigeria is a vital legal process that secures ownership rights and safeguards real estate investments. Governed by various laws and regulations, it involves specific steps that must be diligently followed to prevent disputes or fraudulent claims. Proper registration serves as proof of ownership, protects against illegal encumbrances, and facilitates smooth property transfers. […]
CHALLENGING A WILL IN NIGERIA
Challenging a will in Nigeria is a formal legal process through which an interested party disputes either the validity or the specific provisions of a deceased person’s will. Such disputes are handled in the Probate Registry of the High Court within the state where probate was granted. This guide outlines the key legal grounds for […]
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 […]