30 Jul Publication of Berkeley Legal’s Bi-Annual Newsletter
Berkeley Legal's bi-annual newsletter will henceforth be available for download. Click here to download our July 2020 Newsletter....
20 Jul Covid 19 and Its Effect on the Real Estate Sector: Rights of Landlord and Tenant
EFFECT ON THE REAL ESTATE SECTOR COVID-19 is currently exhibiting negative effects on the real estate sector both locally and globally. Due to restrictions on movement forced on citizens by the government, a lot of businesses that require the physical presence of its staff on...
03 Jul Covid-19: Implications on Contractual Obligations
Background In March 2020, the World Health Organization declared the Covid-19 a “Public Health Emergency of International Concern”. In layman’s term, a “Pandemic” and there is no doubt that the entire world has been shocked by the severe effects that the Covid-19 pandemic has had on...
26 Mar New Nigeria Business and Investor Visas
Introduction The Federal Government of Nigeria recently adopted a proactive approach in promoting Nigeria to become a competitive economy globally. In achieving such goal, the government recognises the importance of foreign investment, and has as such paid special attention to business visa in Nigeria. The Nigeria...
28 Feb Establishing a Representative Office In Nigeria
Nigeria is one of the largest and fastest growing economy in Africa with a population of about 200million people. It is, therefore, an attractive destination for foreign companies looking to expand their business in Africa. In exploring the Nigeria business market, depending on market feasibility,...
14 Feb The Finance Act 2020 and Micro, Small and Medium Enterprises
Nigeria is undoubtedly the largest economy in Africa by GDP and one of the largest economies in the world by purchasing power parity (PPP) comparison. A sizable amount of Nigeria’s GDP is as a result of the activities of Micro, Small and Medium Enterprises (MSME)....
03 Feb Power of Attorney
A Power of Attorney is a document which gives authority to a person to act as agent or attorney for another person. It can be seen as an authorisation to a Donee (the person being given the power/instructions) to do certain acts on behalf of...
07 Nov The New Minimum Capital Requirement for Insurance Companies in Nigeria
The National Insurance Commission (“the Commission” or “NAICOM”) is the principal regulator of the Nigerian Insurance Industry. The National Insurance Commission Act of 1997 (Sections 6, 7, 8, and 64) and the Insurance Act of 2003 (Sections 86 and 101) both empower the Commission to...
19 Sep Requirements for Registration of Securities with the Securities and Exchange Commission in Nigeria
The Securities and Exchange Commission (“SEC” or “Commission”) is the main regulatory institution for the Nigerian capital market, established under the Investment and Securities Act, 2007 (ISA). It is supervised by the Federal Ministry of Finance. As part of its regulatory functions, the SEC maintains surveillance over the Nigerian...
28 Aug Salient Provisions of the AMCON Amended Act 2019
The Asset Management Corporation of Nigeria (AMCON) is a body established by the Asset Management Corporation of Nigeria (AMCON) Act 2010 (“the Act”). It was established with an intended 10 years life span, commencing from 19th July 2010. AMCON is empowered by the Act to...