INTRODUCTION Contracts are generally documents that bind every contractual relationship. The law allows for freedom of contract i.e., every person is given the freedom to enter into any contract of his/her choosing provided such a contract is not illegal such as a contract to commit a...
INTRODUCTION A trademark is a sign capable of distinguishing the goods or services of one business from those of other businesses. It provides protection to the owner of the mark by ensuring the exclusive right to use it to identify goods or services, or to authorize...
The African Continental Free Trade Area (AfCFTA) was conceived with the aim of fostering the economic integration of Africa. The idea of the AfCFTA was birthed in 1980 when the then Organization of African Unity (OAU) now referred to as African Union (AU) drew a...
INTRODUCTION The African Continental Free Trade Area (AfCFTA) is a free trade area founded in 2018. AfCFTA was signed by Nigeria on the 7th of July 2019 and commenced trade on 1 January 2021 after a sixth-month delay as a result of the impact of...
Copyright is an exclusive legal right granted to the creator of a piece of work or art, typically to print, produce and publish that material. Copyright protection extends to a wide range of works, including literary, musical, and artistic works, as well as cinematography films,...
INTRODUCTION It is a cardinal principle of every judicial/adversarial system that all parties must be accorded equal opportunities to have their disputes resolved on its merits. It is on this premise that the principle of fair hearing was enshrined under Section 36 of the 1999 Constitution...
INTRODUCTION Value Added Tax (VAT) is an indirect tax payable by a consumer on the purchase and consumption of goods and services in Nigeria in compliance with Section 4 of the Value Added Tax Act (as amended). The rate of VAT on the value of...
The Companies and Allied Matters Act Chapter C20 Laws of the Federation of Nigeria 2004 (CAMA) was enacted in 1990. Although it was an improvement of the repealed Companies Act 1968, it was considered as being obsolete almost thirty years after it came into force. Consequently,...
The growth of Micro, Small and Medium-sized Enterprises (MSMEs) is said to be the backbone of any thriving economy. As such, it is important that businesses just starting or expanding understand their tax liability and compliance obligations, to ensure that they are always compliant and...
INTRODUCTION The growth of international trade and travel, together with the growing increase in commercial operations between Nigerians, foreign corporations and/or individuals have led to an awareness of certain legal problems including the recognition and enforcement of foreign judgements in Nigeria. Although Nigeria is not part of...