Legal News & Resources
What NITDA’s New Draft Code of Practice Entails
The National Information Technology Development Agency (NITDA) is the primary body responsible for technology regulation in Nigeria. Accord- ing to Section 6B of the NITDA Act, the agency is vested with the function of providing guidelines to facilitate the...
How to register a trademark
Trademark can be defined “as a distinctive mark of authenticity, through which the products of particular manufacturers or the vendible commodities of particular merchants may be distinguished from those of others”. This definition is according to the Black’s Law...
Mergers & Acquisition in Nigeria (Part 1)
What are Mergers and Acquisitions? Mergers and acquisitions (M&As) are a general term that describes the consolidation of companies or assets through diverse types of corporate reorganization mechanisms, which include mergers, acquisitions, joint ventures,...
Admission into the Regulatory Incubation Program of the Securities and Exchange Commission
The Securities and Exchange Commission (SEC) is the main body that regulates securities in Nigeria. It was empow- ered by the Investment and Securities Act (ISA) to act as the apex regulatory organization for the Nigerian capital market to carry out various functions...
Counterfeit Bank Notes and Other Related Matters; The Position of Law
When most banks discover that a customer has in his/her possession counterfeit bank notes, the counterfeit money is usually collected and mutilated, and the customer cautioned. The bank does this when the customer has one or a few counterfeit notes in his possession...
Marriage Dissolution in Nigeria
In this article, we would detail the regulatory regime and process for dissolving marriages in Nigeria. As an initial step, we will recommend that you seek legal advice after making the diffi- cult decision to divorce. This is because having an initial meeting with...
Guidelines & Requirements for Grant of Air Transport Licence (ATL)
All airlines in Nigeria are expected to have an Air Transport Licence. In this write-up, we shall be examining the major requirements for the grant of air transport licence in Nigeria. An Air Transport Licence relates to the nature, ownership and financial health of...
Key Changes in the Finance Act 2021
In this article, we shall be looking at some of the key changes introduced by the 2021 Finance Act. The Finance Bill 2021 was signed into law by President Buhari on the 31st of December, 2021. The Finance Act 2021 amends relevant tax, excise and duties statutes in...
Taxes in Nigeria (2)
This is the concluding part about our Taxes in Nigeria series. In this concluding part, we shall be discussing the tax regime for individuals in Nigeria. PAYE - Pay as You Earn Personal Income Tax Resident Tax, etc [button...