Did you know that over 70% of family businesses in Nigeria fail to survive the second generation? Imagine a thriving family business, built over decades, with siblings, cousins, and children all playing active roles. For years, the business flourished, but after the founder passed away, the question of leadership quickly became a source of conflict. … Continue reading Legacy and Leadership: Why Nigerian Family Businesses Must Prioritise Company Governance.
Tag: company
The Hidden Legal Risks That Can Sink Your Real Estate Business — And How to Avoid Them at Every Stage.
Nigeria’s real estate landscape is expanding rapidly, but so are the legal challenges that threaten to derail even the most promising developments. For companies that offer full-spectrum real estate services, i.e. — from land acquisition to building, sales, leasing, and facility management — these risks multiply across every stage of the value chain. Therefore, when… Continue reading The Hidden Legal Risks That Can Sink Your Real Estate Business — And How to Avoid Them at Every Stage.
The Crucial Role of a Company Secretary in Nigeria: A Governance Imperative.
The Crucial Role of a Company Secretary in Nigeria: A Governance Imperative. Many businesses may question the necessity of a company secretary, especially when distinguishing between a "Secretary" and a "Company Secretary." While both roles involve administrative duties, their scope, responsibilities, and legal implications are vastly different. A traditional secretary provides clerical and administrative support,… Continue reading The Crucial Role of a Company Secretary in Nigeria: A Governance Imperative.
Q & A: Understanding Share Certificates Under CAMA in Nigeria: Insights from the 2020 Amendments
Question: When I give friends or investors shares in my business, what other documents should I provide as evidence? Answer: When bringing in new investors, it’s important to notify the Corporate Affairs Commission (CAC). This requires completing necessary filings and making critical amendments to your company’s internal records. These records are the strongest evidence of… Continue reading Q & A: Understanding Share Certificates Under CAMA in Nigeria: Insights from the 2020 Amendments
Syntax Legal Practitioners 