Company law

FILING ANNUAL RETURNS IN NIGERIA: THE IMPORTANT THINGS YOU NEED TO KNOW

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INTRODUCTION to filing annual returns A business owner registered a company with the Corporate Affairs Commission (CAC) five years ago. Since registration, the business has grown steadily, secured several clients, and built a reputable brand. One day, an investor expresses interest in investing in the company. Excited about the opportunity, the owner begins the due […]

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NGO REGISTRATION IN NIGERIA: WHAT YOU NEED TO KNOW ABOUT LEGAL REQUIREMENTS, RISKS, AND PRACTICAL IMPLICATIONS

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Introduction to ngo registration in nigeria Many community-driven groups in Nigeria begin informally. A youth group may start by raising funds to support education. A foundation may begin as a family initiative to assist widows. A church may start as a small fellowship in a rented space. At the early stage, legal structure is often

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BREACH OF DATA PRIVACY IN NIGERIA: THE IMPORTANT THINGS YOU NEED TO KNOW

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Introduction to breach of data privacy Data privacy breaches are no longer just a technical problem for Nigerian companies; they are a legal crisis with serious financial, reputational, and criminal consequences. Under the Nigeria Data Protection Act (NDPA) 2023, businesses that fail to protect customer, employee, or client data face substantial liability ranging from administrative

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THE COST OF REGISTERING COMPANIES IN NIGERIA: THE ULTIMATE ABOUT WHAT YOU NEED TO KNOW

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Introduction: Cost of Registering Companies Starting a business in Nigeria often begins with registering the business with the government. One of the most common questions entrepreneurs ask is about the cost of registering a company in Nigeria. Whether you are a start up founder, foreign investor, small business owner, or entrepreneur, understanding the cost implications

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PROCEDURE FOR REGISTERING A COMPANY IN NIGERIA: THE IMPORTANT THINGS YOU NEED TO KNOW

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Introduction to registering a company The incorporation of a company in Nigeria is governed principally by the Companies and Allied Matters Act 2020 (CAMA 2020), which provides the legal framework for the formation, management, and regulation of companies. The process is administered by the Corporate Affairs Commission (CAC), the statutory body responsible for business registration

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ENTREPRENEURS AND LAWYERS’ RELATIONSHIP: THE ULTIMATE THINGS YOU NEED TO KNOW

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INTRODUCTION TO Entrepreneurs and lawyers’ relationship Entrepreneurship is often associated with innovation, risk-taking, and the pursuit of profit. However, beyond the visible aspects of running a business lies a complex web of legal obligations, regulatory requirements, and contractual relationships. Many entrepreneurs, especially in emerging markets like Nigeria, tend to underestimate the importance of legal guidance

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ROLES OF COMPANY SECRETARIES UNDER CAMA 2020: THE ULTIMATE THING YOU NEED TO KNOW

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Introduction to the roles of Company Secretaries In the modern Nigerian corporate environment, compliance is no longer a mere administrative function, it is a critical component of corporate survival. Companies today operate under regulatory scrutiny, where a single lapse in governance can lead to sanctions, reputational damage, or even corporate collapse. At the centre of

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GUIDE TO REGISTRATION OF AN NGO IN NIGERIA: THE ULTIMATE GUIDE YOU NEED TO KNOW

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Introduction to registration of an NGO Non-Governmental Organisations (NGOs) play a vital role in addressing social, environmental, and humanitarian challenges in Nigeria. From supporting education and healthcare to advocating for human rights, NGOs contribute significantly to national development. However, many individuals and groups begin charitable activities without formally registering their organisation. While the intention may

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SHAREHOLDERS’ AGREEMENT IN NIGERIA: THE ULTIMATE GUIDE TO EVERYTHING YOU NEED TO KNOW

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Introduction to Shareholders’ Agreement in Nigeria Two founders sit across from each other in a sleek Lagos office, celebrating what they believe is the beginning of a successful business journey. The company is incorporated, capital has been raised, and operations have commenced. Everything appears perfectly structured. Fast forward two years. The business is now profitable,

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CORPORATE RESTRUCTURING IN NIGERIA: THE ULTIMATE GUIDE TO EVERYTHING YOU NEED TO KNOW

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Introduction to Corporate Restructuring in Nigeria In today’s fast-moving business environment, companies do not always grow organically. Sometimes, survival and expansion require something more strategic. Joining forces, acquiring competitors, or taking control of existing businesses. Imagine a struggling company with strong assets but poor management. Another company sees the opportunity, steps in, and acquires control.

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