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 […]
ESSENTIAL GUIDE FOR FOREIGN INVESTORS: HOW TO REPATRIATE CAPITAL AND PROFITS IN NIGERIA SUCCESSFULLY
Generally, repatriation is a term referring to the return of people, assets, or cultural artifacts to their country of origin. In finance, repatriation involves the conversion of foreign-earned income into the home country’s currency. It would, therefore, represent the instance when a business or an individual is returning money back to the home country, which […]
RENT INCREMENT IN NIGERIA: WHAT TENANTS AND LANDLORDS MUST KNOW
It is always a point of dispute between landlord and tenant in Nigeria whenever increment in rent arises. While the landlord may seem justified to increase rent, perhaps by increased cost or other factors, the tenants usually are oblivious of their rights whenever such changes present themselves. This article discusses, among other things, how a […]
ULTIMATE GUIDE ON HOW TO EASILY OBTAIN AN EXPORT LICENSE IN NIGERIA
The Export Licence, issued by the government of Nigeria through the Nigerian Export Promotion Council NEPC, legally gives an exporter the rights to export specified goods into the international market. To any Nigerian business exporter, such a licence is therefore not only obligatory but also necessary for both national and international trade standards. This article […]
TENANT RIGHTS IN NIGERIA: LEGAL PROTECTION AGAINST UNINHABITABLE LIVING CONDITIONS IN NIGERIA
Tenants have the right to a safe and habitable home, no matter how little rent they pay. A “habitable home” means that the rental meets minimum living requirements, including a roof that does not leak rain, enough ventilation, solid floors and walls, protection from serious environmental hazards, and reasonable security against crime. In Chukwuma & […]
KEY ELEMENTS OF LAND PURCHASE AGREEMENTS IN NIGERIA
Land acquisition in Nigeria is a technically and legally involved enterprise that requires utmost detail if the transaction is to be seamless. At the heart of this process is a land purchase agreement, otherwise called a sale agreement or contract of sale, which, in relation to real property, originates from the sale of land and […]
LEGAL PROCESS FOR CHILD ADOPTION IN NIGERIA
Adoption allows children who will not be raised by their biological parents to legally become part of another family, while maintaining their genetic and emotional ties to their original parents. While some view having children as a divine mandate, others either cannot conceive due to biological reasons or personal choice, making adoption a viable option. […]
DIVORCE PROCESS IN NIGERIA
Divorce in Nigeria is a legal process aimed at severing marital ties and dissolving the union between spouses. The procedure varies depending on the type of marriage conducted, making it crucial to understand the specific legal pathways and requirements involved. This guide outlines the legal processes, grounds for divorce, and important considerations for individuals seeking […]
NAVIGATING THE REGULATIONS FOR CONDUCTING BUSINESS IN NIGERIA
When it comes to doing business in Nigeria, there are numerous rules and regulations that you need to be aware of. This article aims to breakdown all the steps you need to take if you are thinking about doing business in Nigeria. Operating a business in Nigeria is governed by various laws, most notably the […]
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 […]