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 […]
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 […]
KEY COMPONENTS OF EMPLOYMENT CONTRACTS IN NIGERIA
The employment contract in Nigeria is a crucial tool in employment and labour relations, serving to delineate the rights and responsibilities of the parties involved. It primarily underscores the employer’s authority to direct and oversee the employee’s work. According to section 91 of the Labour Act 2004, a contract of employment is described as “an […]
LEGAL DUE DILIGENCE PROCEDURES IN NIGERIA
Legal due diligence in Nigeria involves thoroughly reviewing, investigating, and evaluating all legal risks associated with a target company before finalizing a business transaction, investment, or purchase of real estate. This due diligence process includes searching relevant locations, documents, and interviewing employees to uncover any liabilities related to the deal. Conducting comprehensive due diligence […]