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
Read More
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
Read More
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,
Read More
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
Read More
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
Read More
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
Read More
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
Read More
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
Read More
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
Read More
CBN LICENSING REQUIREMENTS FOR OPERATING A FINTECH STARTUP IN NIGERIA.
The late 20th century has witnessed the rise of Fintech companies in Nigeria that offers financial services which were originally exclusive to traditional financial institutions. Taking bearing from
Read More