Post-Incorporation Matters (for SME’s): Key Things to Note After Your Small Business Has Been Registered

For any Venture, Organisation, Association, or similar endeavour to enjoy legal status, it must first be incorporated. Definition of Incorporation ‘Incorporation’ refers to the registration of a business venture, Charity Organisation, Association, etc. with the statutory body legally empowered to oversee such registration – which, pursuant to the provisions of the Companies and Allied Matters…

4 Benefits of Registering Your Business As A Company

Entrepreneurship has become prevalent in today’s society. Given the lack of employment opportunities and poor remuneration of a large part of the employed population among other things there has been a deplorable rate of unemployment and employee financial satisfaction. Nigerians, ever so resourceful as we are, have refused to sit idly and wait for what…

Choosing the Best Organisation for your Business

As a business operator one thing that should be of utmost importance is the structure your business model is going to take in order for the business to run effectively and efficiently. Finding the right model ensures that as a business owner, your business does not fall into a very avoidable ditch. The Companies and…

Understanding Legal Documents Every Startup Needs for Long-Term Stability

Introduction Starting a new business is exciting with fresh ideas and new opportunities ready to explore. However, while innovation and strategy drive success, the true foundation of a lasting business is often less exciting, being the legal aspects which includes the relatively new Startup Act, 2022. Your business is like a house, only with proper…

Hearsay Evidence is not Always Inadmissible in Court under Nigerian Law

Introduction Hearsay evidence has long been regarded with skepticism in legal proceedings due to concerns about its reliability and fairness. Under Nigerian law, the general rule is that hearsay evidence is inadmissible. However, this principle is not absolute. Various statutory provisions and judicial precedents recognize exceptions that permit hearsay evidence in specific circumstances. This article…

Freedom of Speech Vs. Defamation: Where is the Line Drawn?

Introduction The emergence and proliferation of social media has given a lot of persons from different demographic a platform to express an unfettered right to expression which may or may not lead to defamation. People are able to share their opinions which may be based on unconfirmed information and by doing so, spread possibly untrue…

Matters Arising: Fuel Price Hike and Scarcity

Due to the current rise in foreign exchange and the devaluation of Naira, fuel supplying companies are finding it difficult to import fuel and are currently relying on the Nigerian National Petroleum Corporation Limited (NNPC Ltd) to supply fuel before distribution to their various stations. This has inevitably led to the disruption in the steady…

A Customer Vs. Her Bank: A Tale of Two Advocates

The case we are about to gist you actually happened. We are only paraphrasing it for easy understanding and consumption by our readers. To read the judgment proper, this is the suit no: FHC/L/ CS/2625/2023 – Miss Folashade Molehin V. United Bank for Africa PLC Introduction This is a recent decision of the Federal High…