Commercial and corporate law

LIST OF TRADEMARK CLASSES IN NIGERIA

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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

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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 […]

SUMMARY OF TAXES APPLICABLE TO COMPANIES IN NIGERIA

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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

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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

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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

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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

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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

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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

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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 […]