Law

Making the BEST of Alternative Dispute Resolution (ADR) Options in 2024

In 2024, maximizing the effectiveness of Alternative Dispute Resolution (ADR) in dispute resolution involves several key steps: Lastly, keeping up with legal trends and updates in ADR practices through seminars, workshops, or professional associations can also enhance your abilities in resolving disputes effectively in the new year.

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Nigeria:  Probate Laws And Probate Registry In Nigeria

The administration, practice, and procedure for probate in Nigeria are principally regulated by the Administration of Estate Laws of the various states of the Federation. The provisions and forms for each state are identical to one another. Other laws that govern probate in various states include the followings: The above-mentioned probate laws regulate the administration of the

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Duress, Undue Influence, and Capacity as Vitiating Elements in Contract

INTRODUCTION For a contract to be valid, all of its elements must coexist.  There are a number of things that can vitiate a contract, one of which is to make the contract lose its validity. Some of the most common of them are misrepresentation, mistake, duress, undue influence, unconscionability, illegality, capacity, and lack of time,

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ICYMI: Meet Mika (a humanoid) the world’s first AI robot CEO

Dictador, a Colombian rum producer, has appointed Mika, a humanoid AI robot, as its new CEO. This is the first time an AI robot has been appointed to lead a global company. Mika was developed by Hanson Robotics and customized by Dictador to represent the company and its values. She can make data-driven decisions quickly

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The Legality of an Artificial Intelligence Attorney in Nigeria

There have been a surge in the use of artificial intelligence (AI) in the legal profession in Nigeria and other jurisdictions. However, the majority of lawyers and law firms in Nigeria still prefer the traditional system of legal practice and remain conservative towards the adoption of AI for the advancement of the legal system and

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Capital Adequacy in Nigeria Banking Law: A Comprehensive Guide for 2023

Introduction In the dynamic landscape of the Nigerian banking sector, capital adequacy plays a pivotal role in ensuring the stability and resilience of financial institutions. As we enter 2023, it’s crucial to understand the latest developments and regulations surrounding capital adequacy in Nigeria’s banking laws. This article will provide you with a comprehensive overview of

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Navigating the Waters: A Comprehensive Guide to Shipping and Shipping Contracts in Nigeria

Introduction Shipping is a vital component of international trade, and Nigeria, as a major player in the African economy, relies heavily on its ports and shipping industry. In this article, we will delve into the world of shipping in Nigeria, exploring the key aspects of shipping and shipping contracts, and how businesses can optimize their

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Corporate Financing in Nigeria: Strategies for Success

Introduction Corporate financing plays a pivotal role in the growth and sustainability of businesses in Nigeria. As the largest economy in Africa, Nigeria offers a myriad of opportunities for businesses to thrive, but navigating the financial landscape can be challenging. In this article, we will explore the essential aspects of corporate financing in Nigeria, including

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Understanding Prudential Regulations in Nigeria: A Comprehensive Guide

Introduction: In the dynamic world of finance, the stability and soundness of financial institutions are of paramount importance. Prudential regulations play a pivotal role in ensuring the integrity of the financial system in Nigeria. This article will provide you with a thorough understanding of prudential regulations in Nigeria, shedding light on their significance, objectives, and

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