Legal

Legal Framework for Crowdfunding in Nigeria: Opportunities, Risks

Crowdfunding has gained traction in Nigeria as an innovative way for businesses, startups, and creative projects to raise funds. By leveraging online platforms, individuals can pool financial resources from a large number of contributors. However, this promising financing method comes with legal and regulatory implications. In this post, we examine the legal framework governing crowdfunding […]

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Legal Aspects of Mergers and Acquisitions in Nigeria: A Comprehensive Guide

Mergers and acquisitions (M&A) are strategic tools for business growth and market consolidation in Nigeria’s competitive economy. While these transactions can unlock tremendous opportunities, they involve complex legal and regulatory considerations. This article explores the legal aspects of M&A in Nigeria, highlighting key procedures, compliance requirements, and potential challenges. What Are Mergers and Acquisitions? M&A

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Understanding the Nigerian Startup Act: Opportunities and Legal Implications for Entrepreneurs

The Nigerian Startup Act, enacted to foster innovation and economic growth, has become a cornerstone for entrepreneurs in the country. By creating an enabling environment for startups, the law aims to address challenges faced by small businesses and position Nigeria as a hub for innovation in Africa. This article unpacks the key provisions of the

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The Legal Framework for Corporate Social Responsibility (CSR) in Nigeria

Corporate Social Responsibility (CSR) has gained significant traction in Nigeria as businesses increasingly recognize their role in contributing to societal development. While CSR initiatives are often voluntary, they are influenced by various legal frameworks that guide corporate actions and ensure accountability. This article delves into the legal aspects of CSR in Nigeria and provides insights

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The Legal Process of Registering a Non-Governmental Organization (NGO) in Nigeria

Non-Governmental Organizations (NGOs) play a crucial role in addressing social, economic, and environmental issues in Nigeria. However, to operate legally and effectively, NGOs must navigate a defined legal framework. This article explores the step-by-step process of registering an NGO in Nigeria, ensuring compliance with relevant laws. 1. Choose a Unique Name for Your NGO The

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Understanding Workplace Discrimination and Legal Recourse in Nigeria

Workplace discrimination undermines the principles of fairness and equality, creating hostile environments that can hinder productivity and career growth. In Nigeria, laws and regulations aim to curb discrimination in employment and provide recourse for affected employees. This blog post explores the types of workplace discrimination, legal frameworks addressing it, and the available remedies for victims.

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Protecting Minority Shareholders in Nigerian Companies: Legal Safeguards and Remedies

In Nigeria’s corporate landscape, safeguarding the interests of minority shareholders is crucial for promoting fair practices and maintaining trust in business operations. The Companies and Allied Matters Act (CAMA) 2020 provides several provisions to protect minority shareholders from potential abuse by majority shareholders or directors. Who Are Minority Shareholders? Minority shareholders are individuals or entities

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Compulsory Land Acquisition and Compensation: Legal Rights of Property Owners in Nigeria

Compulsory land acquisition occurs when the government takes private land for public use, such as building infrastructure, schools, or other public projects. While the government has the right to acquire land under the Land Use Act of 1978, affected landowners are entitled to compensation for the loss of their property. Understanding the legal framework for

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Legal Requirements and Procedures for Mortgage Transactions

In Nigeria, owning property often requires significant financial investment, and for many, the means to acquire real estate is through a mortgage. A mortgage is a loan specifically designed for purchasing property, where the property itself serves as collateral until the loan is fully repaid. While mortgages are a common feature in real estate transactions,

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Property Disputes in Nigeria: Legal Remedies and Resolution

Property disputes are a common occurrence in Nigeria, often arising from unclear land titles, overlapping ownership claims, or disagreements between landlords and tenants. Such disputes can cause significant financial loss, stress, and delays, particularly in a country where property is a critical asset for many people. This post will explore the types of property disputes

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