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 […]
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, […]
PROCEDURE FOR BUYING A HOUSE IN LAGOS
Purchasing a house in Lagos, Nigeria, involves some very important steps to render the transaction process easy and bring about a valid transfer of title from the seller to the buyer. Since lawyers are the only ones who have the expertise to conduct a proper title investigation, prepare the necessary transfer documents, and effect the […]
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 […]
COMPREHENSIVE GUIDE TO REGISTERING AN NGO OR ASSOCIATION IN NIGERIA
Registration of a Non-Governmental Organization (NGO) or Association under Incorporated Trustees is important to be able to enjoy the legal support and go about its operations with ease. This is a complete overview guide of requirements, step-by-step process, and fees for the registration under Incorporated Trustees through the completely digital means provided by the Corporate […]
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 […]
GUIDE TO REGISTERING A FOREIGN COMPANY IN NIGERIA
Nigeria foreign company registration is the focal option by which a foreign entity/company can acquire a separate Nigerian legal personality and rightfully carry on business. A foreign company may also begin to operate as an ancillary business, such as an office representative, agency, subsidiary, or a foreign company branch in Nigeria. A company, however, of […]