The Nigeria Startup Act; A Step in the Right Direction for Startups in Growing Indigenous Ideas

Background It is now common knowledge that Nigeria is a veritable breeding ground for startups. In recent times, startups in Nigeria have grown in an unimaginable proportion. Notwithstanding this increase in growth, only a handful of them have been able to withstand the storm. A lot of other startups are usually washed off the shores…

Legality or Otherwise of the Central Bank of Nigeria (CBN) Circular Prohibiting Cryptocurrency Trading

Sometime in February, 2021, the Central Bank of Nigeria (CBN) pursuant to a CIRCULAR directed all banks to desist from transacting in and dealing with entities dealing in cryptocurrency. The CBN also directed banks to close accounts of persons or entities involved in cryptocurrency transactions within their systems. This directive as contained in a circular…

How Do You Claim Properties Of A Deceased Person?

It may interest you to know that a huge number of wealthy men/women do not do the proper thing to safeguard the interest of their surviving ones in the event that they are nowhere to be found. Many of them inadvertently end up enriching their various banks. So many families languishing in penury could not…

Validity of a Contract by an Illiterate

Contracts are an integral part of society today. Be it between two individuals, companies or organisations, contracts are what bind them together and solidifies whatever terms the parties have set out in them. What is a Contract? A contract can be generally defined as a voluntary binding agreement between two or more people which is…