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Year: 2021

COOPERATIVE SOCIETIES IN NIGERIA: EVERYTHING YOU NEED TO KNOW

A co-operative society is an autonomous association of persons united voluntarily with the aim of promoting the socio-economic interests of its members in accordance with co-operative principles and

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CAN A FOREIGN COMPANY DO BUSINESS IN NIGERIA WITHOUT BEING REGISTERED?

As a general rule, any company (whether local or foreign) which seeks to do business in Nigeria, must be first registered with the Corporate Affairs Commission and meet

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WHAT TO DO WHEN ASKED TO PAY TAX OR LEVY YOU AREN’T AWARE OF

Do you operate a business in Nigeria? Ever been confronted by revenue officials at your business premises to pay taxes or levies you weren’t aware of? The fact

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WHY TRADEMARK REGISTRATION IS IMPORTANT FOR STARTUPS

Few days after publishing our article on how to register a trademark in Nigeria (click HERE to read previous article), a reader asked “Is a trademark registration important,

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HOW TO REGISTER A TRADEMARK IN NIGERIA

A Trademark is a recognizable name or design, which is legally registered and used to identify and distinguish a product or service from others. It’s serves as indication

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HOW TO REGISTER A LIMITED PARTNERSHIP AND LIMITED LIABILITY PARTNERSHIP IN NIGERIA.

One of the highlights of the new Companies and Allied Matters Act, which was signed into law in 2020 was the introduction of the Limited Partnership and Unlimited

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HOW TO UPGRADE A REGISTERED BUSINESS NAME TO A PRIVATE COMPANY IN NIGERIA

Yes, you can upgrade your registered business name to a limited liability company. To do so however, you are required to; 1. Ensure the business name has filed

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HOW TO DETECT PONZI SCHEMES IN NIGERIA

Sometime in July 2021, the Vanguard newspaper headline bore the caption “ Victim of Ponzi Scheme commits suicide”. According to the article, the man the young man in

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DUTY OF DISCLOSURE OF PERSONS WITH SIGNIFICANT CONTROL – WHAT SHAREHOLDERS AND OFFICERS OF PRIVATE COMPANIES SHOULD KNOW.

The new Companies and Allied Matters Act, 2020 has made it mandatory for substantial shareholders of new and existing private companies or limited liability partnerships, as well as

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CAN A DIRECTOR OF A COMPANY BE APPOINTED BY A WRITTEN WILL?

Mr Itam in his life time was the founder and Chief Executive Officer of Fank Ventures Limited, a private company duely registered in Nigeria. Before his demise, he

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