221 results found

A few weeks ago, the Corporate Affairs Commission issued guidelines to public companies on how to hold their Annual General Meetings in light of the outbreak of the COVID-19 pandemic.

The Corporate Affairs Commission ("CAC") serves as the statutory authority entrusted with the registration and oversight of legal entities in Nigeria. In the wake of the enactment of the Companies...

Money lending has from time immemorial been a part of the Nigerian economy and was borne as a result of the desire for individuals and businesses to secure access to funding.

In light of recent economic realities, many companies have found it difficult to repay their debts. In order to manage this situation, companies have considered...

For many decades, Nigeria has been the home for foreigners expanding their businesses into Africa.

Survival of family businesses has always been a cause for concern for family business experts. Considerable efforts and resources have over time been invested in the development of solutions ...

Compliance with corporate regulations is a fundamental aspect of operating a business legally and efficiently in Nigeria. Among these regulations, the requirement to file annual returns...

On February 14, 2023, President Muhammadu Buhari signed into law the Business Facilitation (Miscellaneous Provisions) Act, 2023 (the "BFA"). Section 14 of the BFA amended sections 275...

Annual General Meetings (AGMs) are essential to corporate governance, acting as the main platform for shareholders to interact with a company's board of directors and management. AGMs serve as a forum for evaluating...

The Companies and Allied Matters Act (CAMA) 2020 is the primary legislation for the formation of business entities [and non-business entities] and to a great extent, the operations of these business entities in Nigeria.

Opening a bank account in Nigeria entails various requirements. Individuals and companies registered in Nigeria are eligible to open a bank.

Generally, investments are a significant source of capital for startups, and a startup's ability to attract investments is often the difference between growth and stagnation.

It is a trite and settled principle under the Nigerian legal system that for a lawsuit to be validly instituted, the Plaintiff must have the capacity to initiate the same.

The Companies and Allied Matters Act, 2020 (CAMA) marks a significant shift in Nigeria's corporate governance, promoting an environment designed for greater business agility...

Foreigner ownership of Nigerian companies refers to the ownership of a company registered in Nigeria by non-Nigerian individuals or entities.

A company secretary is a professional with sophisticated responsibilities backed by law, typically serving as part of an organization's management team.

In Nigeria, registering or perfecting your title or ownership of land with the government is indispensable. One common mistake buyers make in land acquisitions is that they fail to perfect their title to land at the land registry where the land is situated.

An incorporated company has a separate entity distinct from the individuals who are shareholders and directors in control of the company's operations.