2,269 results found

The Corporate Affairs Commission has announced it will begin enforcing long-standing but previously unenforced requirements governing what information must appear on company business letters. Companies registered under Nigeria's Companies and Allied Matters Act 2020 now have just weeks to ensure their letterheads and correspondence comply with these statutory particulars or face sanctions.

Nigerian companies often seek to reclassify existing Non-Executive Directors as Independent Directors to meet governance requirements quickly. However, the Nigerian Code of Corporate Governance 2018 imposes strict independence criteria that make this practice challenging and potentially problematic for corporate governance compliance.

Corporate Governance plays a fundamental role in impacting the success and sustainability of any company and at the heart of a company's governance structure is its Directors.

Doing business in Nigeria has never been effortless, with numerous obstacles impeding the progress of a successful business operation; many businesses have failed due to the crippling factors...

Companies Income Tax is a major source of revenue for the Nigerian government.

Environmental, Social, and Governance (ESG) reporting in the past year has gained significant traction globally. Investors...

Money lending is a business that involves providing short-term loans to individuals and businesses.

A company intended for a business in Nigeria may be incorporated as a private company limited by shares or a public company limited by shares.

On 24th June 2019, the President Buhari signed the Nigeria Police Trust Fund (Establishment) Bill into law. The Act, which will be in force for six (6) years.

For a nation seeking emancipation from the long-time classification of "Third-World Country", it is important that we not only intensify our focus on infrastructural development...

The Nigerian startup ecosystem has experienced significant growth in recent years, driven by youth, increased internet usage, and a lively entrepreneurial culture.

Commercial litigation is a means of resolving a commercial dispute in Nigeria through instituting an action in court with its origin rooted in English Common Law.

In Part I of this series, we discussed the important role of jurisdiction in legal disputes involving companies under administration, examining how courts determine their authority to hear such cases.

The Companies and Allied Matters Act (CAMA) law regulates company practice in Nigeria.

Availability of funding is critical to the growth and success of startups. As founders are not always capable of providing capital for their business through its life cycle

In 2022, the former President of Nigeria, President Muhammed Buhari, signed the Nigeria Startup Act, 2022 into law to enable growth in the Nigeria's tech industry, contribute to the development...

Raising outside capital transforms a startup from a founder-led operation into a company that must be transparent, structured, and capable of meeting investor scrutiny.

Microfinance is a category of financial services targeting individuals and small businesses who lack access to conventional banking and related services.