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LeLaw Barristers & Solicitors
The Federal Government recorded a notable achievement on January 13th 2020 when President Buhari signed the Finance Act No. 1 of 2020 into law.
LeLaw Barristers & Solicitors
It is unarguable that historically, Nigeria has not really leveraged its bountiful and well-endowed real estate (RE, 923,768 km² land mass) as a veritable factor of production to drive economic growth and prosperity.
LeLaw Barristers & Solicitors
Profit making is the primary goal of business, howsoever organised – whether a partnership, private or public (listed or unlisted) company, and this is duly recognised by law.
Roberts & Shoda Attorneys
To register a company in Nigeria, you need not be a Nigerian.
Bam & Gad Solicitors
For the easy setup of a foreign owned company in Nigeria, the business owner must comply with corporate laws of the new jurisdiction to guarantee a hitch free start of the business in Nigeria.
Solola & Akpana
1.1 On the 15th day of May, 2018, the Nigerian Senate passed the Companies and Allied Matters Act (CAMA), 2004...
Fred-Young & Evans
There are various reasons for which a company may no longer be able to carry on business. This may be due to business, financial, economic or social factors.
Andersen Tax LP
On 8 November 2019, the Tax Appeal Tribunal ("TAT" or "the Tribunal"), sitting in Lagos, upheld the applicability of excess dividend tax on franked investment income in the case between UAC of ...
Free float is the percentage of a publicly quoted company's shares which is not restricted from public trading and is made available on the stock exchange market.
Fred-Young & Evans
A private company is prevented from raising capital for its business by inviting the public to subscribe for its shares.
Banwo & Ighodalo
On Tuesday, January 22, 2019, the House of Representatives of the Federal Republic of Nigeria, at plenary, considered and adopted all the provisions of the Companies and Allied Matters Act ...
PUNUKA Attorneys & Solicitors
On the 15th of January 2019, the Vice President of the Federal Republic of Nigeria and the Honourable Minister of Industry, Trade and Investment unveiled the Nigerian Code of Corporate Governance 2018 ...
Andersen Tax LP
This is in a bid to diversify the operations of the NSE and increase its access to capital.
Resolution Law Firm
An incorporated company has a separate entity distinct from the individuals who are shareholders and directors in control of the company's operations.
Greychapel Legal
It is generally acceptable that two heads are better than one. Perhaps this is what informed the provision of section 246(1) of the Companies and Allied Matters Act, Cap C20 LFN 2004 which provides that every company shall have a minimum of two directors.
On 15th May 2018, the Senate of the Federal Republic of Nigeria passed the Bill for an Act to Repeal the Companies and Allied Matters Act 1990 and enact the Companies and Allied Matters Act 2018.
Odujinrin & Adefulu
Therefore, unless where an applicant withdraws his application by a written notice to the company, the contract takes effect on the date on which the allotment is communicated by the company.
Tokunbo Orimobi
Under Section 299 of the CAMA, any wrong done against the Company can only be remedied by the Company.
Strachan Partners
There are various levels of legal protection for foreign investors.
Famsville Solicitors
The CAMA also makes provision for the registration of business names and the incorporation of trustees.
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