In Nigeria, wills are legal documents that allow individuals to specify and or direct how they want their assets and estate to be distributed after their death. Creating a will is an important aspect of estate planning, as it helps ensure that your wishes are carried out and that your loved ones are provided for. Here are …
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 …
Major Issues Surrounding Pollution by Crude Oil Exploration Read More »
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 …
Current Intellectual Property Innovation in Nigeria Read More »
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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INTRODUCTION The practise of transporting goods and people by water, the usage of marine resources, commerce, and navigation are all governed by a complex of laws and rules in Nigeria known as maritime law. The Admiralty Jurisdiction Act of 1991, the Merchant Shipping Act of 2007, the Nigerian Maritime Administration and Safety Agency Act of …
Personal income tax is regulated by the Personal Income Tax (Amendment) Act 2011 and it is an important source of revenue for both the federal and state governments in Nigeria. It is assessed on the income received by individuals. There are basically two types of personal income tax; the Pay-As-You-Earn (PAYE) and the direct assessment. …
Introduction Regulation, though often viewed as a bureaucratic necessity, plays a vital role in our society. It’s the invisible hand that guides everything from financial markets to food safety and environmental protection. In this article, we will delve into the complex world of regulation, exploring its significance, challenges, and how it can balance control with …
Navigating the Regulatory Maze: Striking a Balance Between Control and Innovation Read More »
Introduction Disputes are an inevitable part of human interactions, whether in business, family matters, or other areas of life. When conflicts arise, individuals and organizations often turn to alternative dispute resolution (ADR) methods to avoid costly and time-consuming litigation. Two widely used ADR processes are arbitration and mediation. In this article, we will explore the …
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President Muhammadu Buhari signed the “Banks and Other Financial Institutions Act” 2020 (also known as “the New Act” or “BOFIA 2020”) into law on November 13, 2020, repealing the prior BOFIA 1991 (as revised in 1997, 1998, 1999, and 2002). In order to reflect the development of the Nigerian financial industry over the past 30 …
The sea plays an important role in facilitating human trade and business. It also serves as a method of transportation, a rich resource for the extraction of minerals and the production of electricity, and a key component of the blue economy. Nigeria has a number of laws that regulate various aspects of the maritime industry. …
