HOW TO CHANGE THE NAME OF A COMPANY
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HOW TO CHANGE THE NAME OF A COMPANY

If you own a registered company in Nigeria, there may be circumstances in which members of a company may take steps to change the name of the company. Such circumstances could be voluntary or involuntary. Examples of involuntary circumstances are; i. Where the Corporate Affairs Commission directs that the name of the company be substituted...

HOW TO REGISTER YOUR COMPANY IN USA FROM NIGERIA
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HOW TO REGISTER YOUR COMPANY IN USA FROM NIGERIA

If you live in Nigeria, you will agree with the fact that the increasing inflation rate and the unstable foreign exchange policy within the country, has created the need for individuals and businesses to explore the possibility of earning in other currencies. Home to individuals with diverse backgrounds, the United States remains a popular country...

HOW TO LAUNCH A BUREAU DE CHANGE IN NIGERIA
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HOW TO LAUNCH A BUREAU DE CHANGE IN NIGERIA

INTRODUCTION No doubt, the buying and selling of foreign currency is a booming sector in the Nigerian economy and Bureau de Change (BDC) plays a significant role in the foreign exchange chain. Other players include; The Central Bank – the regulator Corporations Commercial and Investment Banks Internet based trading platforms Online retail brokers Foreign exchange...

REQUIREMENT FOR COMPANY REGISTRATION IN NIGERIA
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REQUIREMENT FOR COMPANY REGISTRATION IN NIGERIA

As a law firm, a frequent question we receive from our client’s looking to incorporate their company in Nigeria is; “What are the requirements for registering/incorporating my company”. In this article, we would be discussing this in detail. Apart from a company, there are other types of business entities a person can register such as;...

HOW TO START A BUSINESS IN NIGERIA AS A FOREIGNER
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HOW TO START A BUSINESS IN NIGERIA AS A FOREIGNER

INTRODUCTION Popularly known as Africa’s largest economy, and home to over 200 million people and counting, Nigeria is considered a huge consumer market by global brands. In terms of physical location, Nigeria is strategically located, with easy access to other African countries by air, sea or land. Nigeria has the second largest oil reserve and...

WHY REGULATORY COMPLIANCE IS IMPORTANT FOR YOUR BUSINESS
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WHY REGULATORY COMPLIANCE IS IMPORTANT FOR YOUR BUSINESS

Recently, Ping Express, a Texas-based company has been in the news over its failure to maintain an effective anti-money laundering programme. In addition, it was discovered that the company had conducted money transfer services in about 5 States in the United States where it wasn’t licensed. As a result, both the CEO of Ping Express...

WHEN TO USE A NON-DISCLOSURE AGREEMENT
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WHEN TO USE A NON-DISCLOSURE AGREEMENT

Introduction Ever heard the saying ‘three may keep a secret if two of them are dead’? I believe that if you want to keep information secret, it’s best not to share it with anyone because once you disclose it to someone, it’s no longer secret. I’m sure this resonates with you as well? However, there...

WHEN SHOULD I USE A NON-DISCLOSURE AGREEMENT?
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WHEN SHOULD I USE A NON-DISCLOSURE AGREEMENT?

Introduction Ever heard the saying ‘three may keep a secret if two of them are dead’? I believe that if you want to keep information secret, it’s best not to share it with anyone because once you disclose it to someone, it’s no longer secret. I’m sure this resonates with you as well? However, there...

HOW STARTUPS CAN INCORPORATE A COMPANY IN USA FROM NIGERIA
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HOW STARTUPS CAN INCORPORATE A COMPANY IN USA FROM NIGERIA

Nigeria has undoubtedly become a foremost destination for African Startups. According to reports by Disrupt Africa, African tech startups have raised over 1 billion US Dollars in the first two months of 2022. However due to reasons such as; positioning for venture funding opportunities, better access to global market, not to mention the economic, political...