Highlights of the Companies and Allied Maters Act, 2020. Pt. 1

Introduction On August 7, 2020, President Muhammadu Buhari will sign the Companies and Allied Matters Act, 2020 (“CAMA, 2020”) into law. This action depends on the passage of the Finance Act, which fundamentally reforms Nigeria’s tax laws, and the Federal Competition and Consumer Protection Act of 2019, which is Nigeria’s first comprehensive consumer protection and …

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Nigeria’s Islamic banking and finance laws: Understanding the Regulatory Framework for Financial Growth

Introduction In Nigeria, the Islamic finance industry has been experiencing exponential growth, driven by a growing demand for Shariah-compliant financial products and services. As one of the largest Muslim-majority countries in the world, Nigeria presents a significant market for Islamic finance, offering banks and financial institutions an opportunity to tap into this emerging sector. Understanding …

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The Duty of Counsel And the Court To Reconcile Parties In a Divorce Proceeding In Nigeria

The court strives at all times to preserve marriages when a petition for decree of dissolution of marriage is presented before her. The primary reason for this, is because marriage is a sacred institution and ought to be protected and preserved. This is evidently so by the special procedure in adjudicating matrimonial causes. To this …

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Major Issues Surrounding Pollution by Crude Oil Exploration

Pollution resulting from crude oil exploration is a significant environmental issue with far-reaching consequences. It affects ecosystems, human health, and local economies. Here are some of the major issues surrounding pollution caused by crude oil exploration: Oil Spills: Perhaps the most visible and catastrophic form of pollution, oil spills occur during drilling, transportation, or storage of …

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Current Intellectual Property Innovation in Nigeria

Intellectual properties (IP) are the intangible products of the intellectual exertion of individuals, like software developers, authors, or inventors, just to mention a few. Such an intangible may be mobile applications, like Mark Zuckerberg’s Facebook, designs, like Coca-Cola’s bottle shapes, novels, like J.K. Rowling’s Harry Potter series, or novel products or processes, like Johannes Gutenberg’s …

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Places to Conduct a Search Before Buying Landed Property

Before purchasing a landed property, it is essential to perform extensive due diligence to make sure the property is authentic, unencumbered, and satisfies your needs and expectations. Before buying a landed property, you should investigate and obtain information at the following important locations and organizations: Community/Village: The community/village should be your first point of call …

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PROFESSIONALISM IN THE PERFORMING ART INDUSTRY

African and Nigerian film industries are increasingly praising and recognizing the artistic performances of Nigerian actors and actresses. When compared to other film industries in Africa, Nollywood’s innovative prowess in the film business has earned it recognition. Actors and actresses in Nollywood have been able to broaden their artistic abilities professionally thanks to constant exposure to eminent actors and actresses from all over the world, particularly Hollywood and Bollywood. Despite the success of Nollywood and the presence of Nigerian actors and actresses in African films and home videos, there is still work to be done in terms of production, film content, quality, and uniqueness. Today, Nollywood is recognized as a platform for illustrating the potential of African filmmaking, particularly at a time when young people are looking to pursue careers in the performing arts. Nollywood features highly regarded actors and actresses. As a result, Nollywood will continue to serve as a benchmark for other African filmmakers and businesses when looking for examples of artistic expression and performances. Through artistic performances and exhibitions, Nigeria presents a lively and diversified culture rich in traditional values and beliefs. However, the introduction and growth of the motion picture industry gave rise to the current Nollywood, which is descended from Hollywood in the same way that Bollywood is a spinoff of home video movies.According to www.nollywoodmovies.com, Nollywood is the abbreviation for the genre of Nigerian cinema that first gained popularity in the early 1990s, specifically in 1992, with the release of the groundbreaking movie LIVING IN BONDAGE, directed by Kenneth Nnebue of NEK Video Links and shot in the Eastern city of Onitsha. Unquestionably, this movie laid the foundation for what Nollywood is today However, today practically all Nollywood films are made with digital video technology. The initial Nollywood films were made with conventional analogue video, including Betacam SP. Over time, Nollywood grew explosively into a thriving industry that displaced Western media from the shelves and is now promoted throughout Africa and the rest of the world.According to UNESCO’s description of Nollywood in 2009, which is Nigeria’s second-largest employer of labour after Bollywood, Nollywood is the world’s second-largest film industry in terms of output. In addition to Nollywood, Kanywood, located in the northern region of Nigeria (Kano), is a supporter of Hausa-language films.

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