Commercial Law

Understanding Adverse Possession Rights: From Ultimate Absence to Ownership

Picture a scenario where you leave your landed property for about ten years. For instance, this could be due to work opportunities on a different continent. Upon your return, you got news that someone has already settled on your land and has displayed various acts of ownership over the land, like leasing out part of […]

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UNDERSTANDING COPYRIGHT: A LAYMAN’S GUIDE TO THE WORLD OF IP

What is copyright? Copyright plainly and simply is a right vested in a person and enables him to publish, copy, distribute and make adaptations of a piece of writing, music, art or picture. Who can own copyright?  The concept of authorship permeates copyright law. Authors are the creators of original works. Section 28 of the

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WHY TRADEMARK YOUR BRAND IN NIGERIA?: ULTIMATE STEP-BY-STEP PROCEDURE

Trademark Your Brand In Nigeria. Essence:To prevent a confusion of the customer/Client from confusing Your product/Servicewith that of another. The importance of registering a trade mark is very crucial in the corporate business spaceand cannot be over-emphasised for all businesses, especially for start-ups whoseproducts and brands are easily cogniseable and duplicatable. The way a business

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HOW TO KNOW COMPANY INCOME TAX IN NIGERIA: ULTIMATE

COMPUTATION OF COMPANIES INCOME TAX Companies Income Tax (CIT) is a crucial aspect of Nigeria’s tax system, affecting businesses of all sizes. In Nigeria, Company Income Tax (CIT) is levied on the profits of companies operating within the country. Specifically, the tax applies to both local and foreign companies, with local companies taxed on their

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