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 […]
REGULATORY COMPLIANCE FOR STARTUPS IN NIGERIA
Nigeria boasts one of Africa’s most vibrant startup ecosystems, drawing significant attention from both local and global investors. However, for emerging businesses, understanding and adhering to the country’s regulatory framework can be complex. Many startups, especially those unfamiliar with industry-specific requirements, struggle to navigate these legal obligations. While compliance may just sound like a legal […]
GUIDE TO BUYING PROPERTY ON INSTALLMENT IN NIGERIA: STEPS,TIPS AND BEST OPTIONS
In 1999, one Femi, a landowner, sold five plots of land in Lekki Phase 1 to one Mayowa, an investor, for 15 million Naira with an outstanding balance of 10 million Naira due after twelve months. Possession was delivered to Investor Mayowa. He commenced developing one plot. Despite Femi’s repeated demands for the balance, for […]
CONSUMER RIGHTS AND PROTECTION UNDER NIGERIA’S FEDERAL COMPETITION AND CONSUMER PROTECTION ACT 2018: KEY INSIGHTS
E-commerce is experiencing an unparalleled growth rate in Nigeria, and this has consequently brought ease and convenience to consumers; however, such growth at an increasing rate has generated concern that online vendors would easily fall into committing infractions under the FCCPA, 2018-an Act that protects the rights of consumers and ensures fair competition. The FCCPA […]
CONTRACT STAFF: EFFECTIVE STRATEGY FOR REDUCING EMPLOYER STAFFING COSTS OR JUST A MISCONCEPTION?
The term “Contract Staff” is gaining momentum in the Nigerian employment space largely because employers see contract staffing as a way of managing budgets. However, the term is often confused with “Casual Staff.” In this discussion, we shall be looking at what contract staffing really means, the legal obligations of an employer regarding the practice, […]
TERMINATION OF EMPLOYMENT IN NIGERIA
Termination of employment is always a sensitive and relatively complex issue between employer and employee. Being an employer or employee, especially in the case of either, requires the awareness of the legal arrangement put in place for such regulation to keep you within the requirements of the law and undertake all measures for protection of […]
COMPREHENSIVE GUIDE TO LEGAL IMPORTATION PROCEDURES IN NIGERIA
Nations around the world are interdependent in terms of goods and services, for no nation has all the resources which will enable its citizens to be self-sufficient. Like other nations, Nigeria lacks some of the goods that will make her self sufficient, thereby making importation of such goods inevitable. The following paper shall outline the […]
STARTING A BUSINESS IN NIGERIA:ESSENTIAL GUIDE FOR FOREIGN INVESTORS
For Entrepreneurs, finding a sustainable and enabling environment is crucial to building a successful enterprise. Investors are naturally drawn to regions where they can advance their business objectives effectively. Recent amendments to local company and tax laws in Nigeria, aimed at fostering a more conducive business climate, along with Nigeria’s ratification of the African Continental […]