A tenancy relationship entails, a situation whereby a landlord hands over rights to occupy his property to a tenant over an agreed period of time, in exchange for rent. This implies that there are circumstances whereby a landlord may need to recover possession of the property from his tenant. In such cases, there are procedures…
Read More : HOW TO RECOVER PROPERTY FROM YOUR TENANT IN NIGERIA.In our society today, every person must have a place called home, a shelter over his or her head. One may have either a house of his/her own or live in someone else’s apartment for a fixed period of time in exchange of an amount of money known as rent, thereby creating, a landlord and…
Read More : HOW TO RECOVER RENT OWED BY YOUR TENANT.Image Credit; Punch Newspaper
Read More : HOW TO RECOVER MONEY TRANSFERRED TO A WRONG ACCOUNT NUMBER IN NIGERIA.A company secretary is one saddled with the responsibility of ensuring the efficient administration of a company, He /She ensures that the company complies with all statutory and regulatory requirements and further ensures that decisions made in the company by the board of directors are executed. It is pertinent to note that a company secretary…
Read More : WHO IS A COMPANY SECRETARY?Every company registered in Nigeria, has a director and shareholder, and both roles are different. And because of their roles, a director may not necessarily be a shareholder of a company. A shareholder need not be a director of a company either. However, a director may at the same time, be a shareholder of a…
Read More : DIRECTOR AND SHAREHOLDER, WHAT’S THE DIFFERENCE?In Nigeria, the business of money lending is carried out by both individuals and companies. If you’re looking to register a money lending business in Nigeria, you should note that commercial money lending activities in Nigeria require licensing by either the Central Bank of Nigeria (applicable to Banks and Other Financial Institutions) or the Ministry…
Read More : GUIDE TO SETTING UP A MONEY LENDING BUSINESS IN NIGERIA.In most states in Nigeria, the revenue court is responsible for hearing tax matters as it concerns the State or Local Government. Before a revenue court summons is served on a business owner/premises, it’s presumed that such business owner has failed to pay a stipulated levy required by law despite service of demand notice on…
Read More : WHAT TO DO WHEN SERVED WITH A REVENUE/SPECIAL COURT SUMMONS.Below is a conversation between Mr Charles and his prospective business partner, Mr Patrick: Mr Charles: Following our previous discussion regarding the business partnership we’ll be going into, my lawyer has prepared a contract. I’ll need your signature on this document. (Hands over a document to Mr Patrick) Mr Patrick: Charles my man! Na wah…
Read More : THE RED FLAG ENTREPRENEURS SHOULD LOOK OUT FOR IN THEIR BUSINESS DEALINGS.When it comes to starting and or running a business, fundraising is undeniably a primary concern for start-ups. It’s important to know that before you do anything concerning raising of funds, you need to have a clear understanding of how you plan to operate your business and a good business plan will surely increase…
Read More : FUNDRAISING OPTIONS FOR START – UPS IN NIGERIAOn the 15th day of October 2020, amidst the ongoing #ENDSARS protest in Nigeria, the world received news that one of Nigeria’s most frequently used online payments and processing service provider, Paystack had recently been acquired by a San Francisco based software and financial services company, Stripe. This news has since brought a breath of…
Read More : FIVE LESSONS AFRICAN STARTUPS SHOULD LEARN FROM PAYSTACK’S AQUISITION
