DOCUMENT CERTIFICATION IN NIGERIA: A STEP-BY-STEP GUIDE
Certification of documents in Nigeria is a very significant process that ascertains the validity of a document to ensure it meets all the legal and administrative requirements. This procedure is of immense importance in various scenarios, such as court cases, academics, international deals, company hiring, and immigration purposes. Certification shows that a document’s copy is […]
HOW. TO OBTAIN A MANUFACTURING LICENSE IN NIGERIA
Manufacturing in Nigeria requires compliance with several regulatory regimes that ensure the quality of the product, safety for consumption, and protection of the environment. This guide describes critical steps, requirements, and regulatory bodies required to obtain a manufacturing license in Nigeria. Why is a Manufacturing License Necessary? The following are some important reasons why obtaining […]
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 […]
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 […]
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 […]
CORPORATE COMPLIANCE IN NIGERIA: ESSENTIAL GUIDELINES AND LEGAL REQUIREMENTS FOR BUSINESSES
For businesses aiming to thrive in Nigeria’s business landscape, understanding and adhering to the country’s regulatory environment is critical. Navigating the array of laws, guidelines, and directives issued by government bodies and regulatory authorities is referred to as regulatory compliance. Below is an in-depth overview of the regulatory compliance process for companies operating in Nigeria: […]
New NIBSS Policy Bars Unlicensed Fintechs From Bank Transfer Channels:
The Nigerian Interbank Settlement System (NIBSS) recently released a new policy mandating banks to remove non-deposit taking fintechs from the National Instant Payments (NIP) funds transfer system. This impacts players like switching companies, payment processors and super-agents facilitating transfers through channels like USSD, mobile apps and web. As per the NIBSS circular, allowing such fintechs […]