Entries by Adeola Oyinlade

Guide on How to Register a Shipping Company in Nigeria: Requirements and Costs

Introduction A shipping company engages in cargo transport, ship ownership, and operations. To operate, it must be incorporated under the Companies and Allied Matters Act with shipping business objectives. The company can then apply to register its ship, if owned, via a written application. The Nigerian maritime sector is regulated by the Nigerian Maritime Administration […]

How to Register an Imported Drug or Pharmaceutical Product with NAFDAC in Nigeria

Introduction All pharmaceutical products must be registered with NAFDAC before they can be manufactured, imported, exported, advertised, sold, distributed, or used in Nigeria. Registration must be in accordance with the NAFDAC Act, related legislation, and the applicable guidelines. The NAFDAC registration process guarantees that all drug products, whether for human or veterinary use, meet stringent […]

The Breakdown of Licenses and Permits Essential for Business Operation in Nigeria

Introduction Operating a business in Nigeria requires various licenses and permits, which are vital for legal compliance and smooth functioning. The specific requirements can vary based on the nature of the business, its location, and whether it involves foreign investment. This article provides detailed overview of the essential licenses and permits needed for business operations […]

Arrest And Detention of Vessels Under Nigerian Maritime Law: Understanding the Legal Framework

Introduction. The primary purpose of vessel arrest is to secure satisfaction of a judgment in an action in rem. Pre-judgment arrest in admiralty proceedings serves three key objectives: Preventing removal of the vessel from jurisdiction pending proceedings; Ensuring availability of the vessel to satisfy a potential judgment in the Claimant’s favor; and Compelling provision of […]

Trademark Law in Nigeria: A Guide to Registration, Infringement and Enforcement

What are the principal legislations regulating trademarks in Nigeria? The following laws are the relevant pieces of trade mark legislation in Nigeria: What can be registered as a trademark in Nigeria? Section 67 provides for a device, brand, heading, label, ticket, name, signature, word, letter, colour mark, numeral, the shape of goods, their packaging, or […]

The breakdown of CAC Share Capital Threshold for Company Registration in Nigeria.

Company registration in Nigeria in certain industries and economic sectors are govern by statues and other regulations in force that stipulate a minimum share capital threshold before a company can be successfully registered in Nigeria and commence business operation. Having substantial share capital indicates that the company is viable, can raise additional funds if required, […]

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