Commercial Law

Shareholders Rights And Minority Protection: The Important Things To Know

Introduction To Shareholders Rights & Minority Protection Corporate governance thrives on fairness, rights, accountability and transparency. In Nigeria, these principles are safeguarded through statutory and judicial mechanisms designed as shareholder rights to protect shareholders, particularly minority shareholders, who are often vulnerable to abuse by majority shareholders and controlling directors. In Nigeria, company law recognises that […]

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PAYPAL RETURNS TO NIGERIA, LEGAL ISSUES IN DIGITAL PAYMENTS: THE OUTSTANDING THING TO KNOW

INTRODUCTION TO PAYPAL RETURNS TO NIGERIA For many Nigerian freelancers, entrepreneurs and small business owners alike, getting paid from international clients was often a puzzle of makeshift solutions cryptocurrency rails, middle-men services, and often expensive third-party merchant platforms because one of the world’s most ubiquitous payment platforms, PayPal, historically offered limited access to Nigerians. Specifically,

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How to Obtain IMTO License Requirement in Nigeria: What You Need To Know

INTRODUCTION TO IMTO LICENSE REQUIREMENT Nigeria’s financial landscape is deeply linked to remittances AKA “black tax” which are funds sent home by Nigerians abroad to support households, businesses, and national foreign exchange reserves. These international money transfers are not only economic lifelines for many families but also strategic sources of foreign exchange inflows for the

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Locus Standi in Public Interest Litigation: The Ultimate Thing

In modern Nigerian jurisprudence, access to justice is not merely a theoretical right but a constitutional imperative. Yet this right has long been shaped and constrained by the doctrine of locus standi which is the legal capacity of a person to institute proceedings in a court of law. Traditionally, Nigerian courts maintained a narrow definition

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The Meaning of ‘Without Prejudice’ Under Nigerian Law: Ultimate Thing

In the heat of commercial disputes, civil litigation, or family law negotiations, parties often seek to resolve their disagreements before trial. Negotiations are frequently conducted with an express label of “without prejudice” a term meant to protect settlement discussions from being used against the parties later in court. Consider a debtor and creditor locked in

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HOW TO OBTAIN REDRESS UNDER THE FCCPA 2018: WHAT YOU NEED TO KNOW

Redress Under The FCCPA Imagine a marketplace where the buyer has no real recourse as where faulty goods, exploitative services, and corporate impunity are the norm, not the exception. For much of Nigeria’s history, this was the reality for consumers, with redress mechanisms being largely inaccessible, slow, and ineffective. This long-standing deficit not only harmed

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HOW TO OBTAIN JUSTICE FOR UNLAWFUL DEDUCTION OF AIRTIME: WHAT YOU NEED TO KNOW

INTRODUCTION ON UNLAWFUL DEDUCTION OF AIRTIME In recent years, many Nigerian mobile subscribers have repeatedly experienced unexplained deductions of airtime from their phones. These deductions often occur as a result of unsolicited text messages, hidden service subscriptions, or automatic renewals of value-added services (VAS) that the subscriber neither requested nor consented to. The problem has

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INFRINGEMENT ON COPYRIGHTED SONGS IN CHURCHES: ULTIMATE REMEDY TO KNOW

COPYRIGHTED SONGS IN CHURCHES My church choir sings a popular Christian song in church as their special ministration song on Sunday. Is this innocent worship or a breach of copyright law? Well, the answer is the ministration is an innocent worship.  Firstly, let’s understand what Copyright Infringement is. Copyright infringement is said to occur when

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How To Use Generic English Words As Trademark: What You Need To Know

Introduction To Using Generic English Words As Trademark: Miss A and Miss B both run thriving tie and dye businesses in Lagos. Their works are vibrant, colourful, and known for being eye catching. To attract more customers, both women often describe their fabrics as being made with “the brightest dyes.” One day, however, Miss B decided to

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How to Obtain a Money Lending License in Nigeria: What You Need To Know

Introduction Money lending plays a crucial role in Nigeria’s financial sector by bridging the credit gap for individuals and small businesses that cannot easily access loans from banks or other financial institutions. However, due to sensitive nature of credit transactions, Nigerian law mandates that anyone or any company engaged in the business of lending money

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