law Archives - Page 12 of 13

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

Leave a Comment / Corporate Law / By Simon Ekemini

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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The Basics Of Wills In Nigeria

Leave a Comment / Family Law and Succession, Law / By Joseph Hilary

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 …

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Key Amendments of The BOFIA 2020

Leave a Comment / Banking Finance & Investment / By Simon Ekemini

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 …

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Legal Framework of the Maritime in Nigeria

Leave a Comment / Maritime / By Simon Ekemini

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. …

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Is International Law, Law?

Leave a Comment / International Law, Law / By A. I. Joseph

It is one of the most controversial topics of all time, whether international law can be recognized as true law or not. There are two schools of thought regarding this argument; the realists and the liberals. The realists argue that international law is not a real law whereas the liberals say international law is law. …

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Navigating the Complex Terrain of Oil and Gas Law

Leave a Comment / Energy, Law, Oil and Gas / By Clement Imoh

Introduction In a world where energy resources are the lifeblood of economies and societies, oil and gas law plays a crucial role in regulating the extraction, production, and distribution of these invaluable resources. This intricate legal field encompasses a myriad of complex issues, from environmental concerns to property rights, making it a cornerstone of the …

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A Beginner’s Guide to Tax Law in Nigeria

Leave a Comment / Law, Tax Law / By Joseph Hilary

Like in many other nations, Nigeria’s tax law is complicated and open to legislative review from time to time. To fulfill their tax obligations and efficiently navigate the tax system, individuals and businesses must have a basic understanding of Nigerian tax law. Here are some essential details concerning Nigerian tax law that you should be aware of: …

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Navigating the Regulatory Maze: How Law Shapes Our World

Leave a Comment / Corporate Law, Regulatory Law / By Clement Imoh

In our complex and interconnected modern world, regulations and the law play a pivotal role in shaping our daily lives. From the speed limit on your morning commute to the safety standards that govern the food you eat, regulation is the invisible force that keeps society running smoothly. The Guardians of Order Imagine a bustling …

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What You Need To Know About Next-of-Kin

Leave a Comment / Family Law and Succession, Law / By Joseph Hilary

Recently, I have come across various skit makers with contents portraying the nature of Next-of-Kin. Particularly, the comedy skit of Kalistus(https://youtube.com/shorts/nH3WnXP0UZo?si=kfR154ecoaMtRABv) wherein it suggested that being a Next-of-Kin conveys inheritance right on the person so designated. As much as it is a comedy skit, it is also a fact that many persons live under this …

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Why Should You Hire a Property Lawyer?

Leave a Comment / Law, Real Estate / By Clement Imoh

Hiring a property lawyer can be quite beneficial when it comes to real estate transactions and legal issues. Without the right legal counsel, understanding the complexities of real estate transactions can be problematic due to the complexity of property law. Here are some strong arguments in favor of employing a property attorney: Expertise and Knowledge …

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