Acquisitions, purchases and investments are paths to the growth of an organization or a business entity. However, before an individual or a business organization considers partnering with another organization, buying out an organization or even considers buying immovable property, it is important that such individual...
A trademark provides protection to the owner of the mark by ensuring the exclusive right to use it to identify goods or services, or to authorize another to use it in return for payment. The period of protection varies, but a trademark can be renewed...
It is in the best interest of shareholders and the company concerned to have in place a shareholders’ agreement prepared to cover their rights and obligations. A Shareholders’ agreement is an agreement between a company and its shareholders/members which regulates the operation and ownership of the...
INTRODUCTION A security interest is a legal right granted by a debtor to a creditor over the debtor's asset (usually referred to as the collateral). This enables the creditor to have recourse to the asset if the debtor defaults in making payment or otherwise performing the...
Introduction Property taxation is a source of revenue for the Nigerian government. This paper seeks to identify some of key provisions of the law regulating property tax in Lagos State. The Land Use Charge (LUC) was introduced by Lagos state in 2001 as a replacement of...
Technology Transfer is the flow of applicable knowledge, skill, capability, expertise, equipment or facilities from one location to another within a specific time frame. A Technology Transfer Agreement (TTA) is a contract between a transferor and a transferee, with the transferor selling, assigning, licensing, or otherwise transferring a particular process...
Foreign Direct Investment, also known as FDI is an investment by one company/individual in business interests in another country. This is usually either by setting up business operations or acquiring tangible business assets, including stakes in the other businesses. FDI is made for reasons such as...
The National Identity Management Commission (NIMC) in late 2017 released the Mandatory Use of the National Identification Number Regulations, 2017, which was made pursuant to the National Identity Management Commission Act 2007. The Regulation has a wide-ranging effect, such that it is now mandatory to...
Corporate Governance is the system of rules, principles and processes by which a company is directed and controlled. Corporate governance essentially involves balancing the interests of a company’s many stakeholders such as shareholders, management, customers, suppliers, government and the community. Good corporate governance creates a transparent...
The dynamic nature of the employment sector makes reviewing employment contracts and other documents governing employees at the work place imperative. A contract of employment governs the relationship between an employer and an employee by clearly stipulating the intricacies of the relationship and must reflect the...