DIFFERENCE BETWEEN PUBLIC AND PRIVATE COMPANIES IN NIGERIA
Private and public limited liability companies are the most important forms of business entities in Nigeria, each serving different purposes and operating under different frameworks. This article examines the key features and differences between these two types of companies. Private Companies A private company, under the Companies and Allied Matters Act, is characterized by the […]
HOW TO APPLY FOR STR VISA IN NIGERIA
The Subject to Regularization (STR) Visa is a temporary visa granted by the Nigerian government to aliens who have secured employment in Nigeria. It allows the applicant entry into the country while the applicant concludes all the formalities related to long-term residency and permission to work. Key Features of the STR Visa 1. Employment-Based Visa […]
UNDERSTANDING ENTERTAINMENT LAW AND THE ROLE OF AN ENTERTAINMENT LAWYER IN NIGERIA
The phrase entertainment law, or the work of an entertainment lawyer, is often used, but what does that really mean? In simple terms, entertainment law is a diverse collection of legal fields that affect the entertainment business. It involves the representation of individuals and companies in the music, film, television, theater, art, and technology fields […]
EMPLOYMENT TERMINATION LAWS IN NIGERIA
The employment relationship, by definition, determined through the interaction between employer and employee, provides a basis for situations of all terminations. This relationship in itself is birthed through a contract of employment-either in writing or oral-whereto one party agrees to employ the other, the latter agreeing to his provision as an employee. While the employer […]
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 […]