The purpose of NSITF registration is to provide a system of compensation for employees in the instance of casualties or even death in the work environment. The NSITF is the acronym for Nigeria Social Insurance Trust Fund. It is an active and committed government institution saddled with the responsibility of catering for the employee’s welfare...
NITDA registration is a mandatory requirement for all ICT service providers or contractors providing services to any Ministry, Department, or Agency (MDA) in Nigeria. The National Information Technology Development Agency (NITDA) is a government agency empowered to regulate and promote the use and development of Information Technology in all spheres or sectors of Nigeria through...
An NGO is an association of persons registered under Section 590 of CAMA 2020 for the advancement of religious, educational, literary, scientific, social development, cultural, sporting, and charitable purposes, they are also referred to as non-profit organizations. In light of the significant role played by NGOs, the Government sees the need and reason to grant...
When it comes to setting up a charity organization in Nigeria, the popular entity choice that comes to mind is registering such an organization as an incorporated trustee. However, most people fail to realize that there is an alternative choice of entity known as a Company Limited by Guarantee, probably due to the fact that...
WHAT IS A RESIDENCE PERMIT? This is a document that authorizes a person especially a foreign national to live in Nigeria. It grants the holder rights as regards living for a specified period of time subject to renewal. The Nigerian Immigration Service through the Director of Immigration i.e. the Comptroller General is charged with the...
So you have an app idea you believe is novel and has never been created. You are also aware of the need to have your app idea protected legally prior to launch, but you are uncertain about how to go about it. In this article, we’ll highlight the various ways you can legally protect your...
INTRODUCTION The afrobeat in Nigeria has recently gained global attention and recognition, and this has given rise to the attraction of investors both locally and in the diaspora. An important sector of the Nigerian music industry has contributed its quota towards promoting talented artists and that is the record labels. In this article, we will...
In the bid to maximize tax incentives, most businesses (both local and foreign) opt for setting up their businesses within free trade zones. In this article, we examine the purpose of free trade zones, who can operate within a free trade zone, incentives for operating within a free trade zone as well as other considerations...
Months ago, we wrote an article on SCUML registration, and the article has given rise to many questions please click here to read the article. In this post, we will be handling as much as possible, every question you could possibly have about SCUML registration in Nigeria. The questions we will be providing answers to...
This agreement has elements of a trust transaction and is used in situations where shares are acquired from a company or entity but are registered in the name of a nominee on behalf of the beneficial shareholder. This agreement enables the owner of the share to take care of his/her share through a nominee without...
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