Entries by Adeola Oyinlade

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, […]

Labour and Employment law in Nigeria: A guide for Employers and Employees

Labour law is a set of rules that govern the relationship between the government, employers, employees, and trade unions. Labour law establishes minimum employment standards, promote good labor relations, and provide procedures for managing labour related issues.  Nigerian labour law looks into the rights, working conditions, minimum wage, termination clauses, and many other rules set by the government […]

Legal Procedures for Transferring Land Ownership in Nigeria.

Land ownership?  Land ownership refers to the legal right to possess, use, and manage land. It is the state of having legal title to land, allowing the owner to control its use and derive benefits from it. This includes the right to sell, lease, or develop the land as per applicable laws. How is land […]

Procedures For Setting up a Holding, Consortium, and a Group of Companies in Nigeria

INTRODUCTION: Establishing a holding company, consortium, or group of companies in Nigeria involves navigating specific legal frameworks set out by the Companies and Allied Matters Act (CAMA) 2020. Each structure serves distinct purposes, and understanding the requirements and procedures is essential for compliance and operational success. SETTING UP A HOLDING COMPANY Definition of a Holding […]

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