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Nigeria's Cabotage Vessel Financing Fund offers a $700 million opportunity for indigenous shipowners, but accessing these funds requires far more than completing an application form. Understanding what lenders evaluate—from repayment capacity and corporate structure to security arrangements and vessel revenue streams—can mean the difference between a rejected application and successful financing.

Due to certain accounting and legal reasons, companies seeking to maintain liquidity and therefore keep business afloat, may choose to take only financial measures incurring of limited financial liability.

In this second part, we will continue our exploration, delving even deeper into critical aspects of mortgage transactions and stamp duties.

The long title of the new Land Use Charge Law provides the rationale for the law.

According to Roy Goode, a financier taking security for an advance is concerned to see that if the debtor's assets are insufficient to meet the claims of all his creditors, the financier will at least be...

The Supreme Court's decision in 11 PLC v. Milan Industries Ltd raises critical questions about the constitutional validity of statutory ouster clauses that restrict judicial remedies. While upholding AMCON's powers to enforce mortgage securities and sell collateralized assets, the court controversially held that Section 34(6) of the AMCON Act validly ousts courts' jurisdiction to grant restorative reliefs, limiting aggrieved parties to monetary compensation only. This interpretation conflicts with constitut

To combat the longstanding problem of homelessness in Nigeria, the Central Bank of Nigeria (CBN), on the 5th of August 2013, issued the Regulatory and Supervisory Guidelines...

The FGFR provides the regulatory framework for FG's finance and accounting procedures.

To maintain and grow a functional economy, investors often require loans which are made available by commercial banks and other financial institutions using its depositors' funds upon security furnished for the repayment of such loans by the borrowing investors.

Nigeria's Real Estate (RE) sector is reckoned to be the sixth largest in the economy. However, as at November 2018, Nigeria still had an unimpressive low home ownership rate of 25%, compared...

The historical antecedent of man is inundated with changes orchestrated majorly by man's quest for a better and easier means of survival. Starting

If the interest in an engine installed in an airframe is held by a person other than the person who holds interest in the airframe, the risk of title annexation does exist...