Contracts form the bedrock of any successful business arrangement. They establish a clear framework for agreements, offering protection and ensuring that both parties involved are safeguarded. In Nigeria, as in many other nations, contracts serve not only as a legal requirement but also as a means of protecting business interests, promoting compliance, and resolving potential… Continue reading The Importance of Contracts in Nigerian Business Transactions.Â
Tag: nigeria
Understanding Double Taxation in Nigeria.
Photo by Nataliya Vaitkevich Double taxation happens when the same income is taxed in more than one country i.e where an individual or business is taxed twice on the same income or profits. This usually occurs when two countries impose taxes on the same source of income. For example, a Nigerian company operating in another… Continue reading Understanding Double Taxation in Nigeria.
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
Failed Bank Transactions in Nigeria: A Quick Guide to Effective Escalation of Your Banking Issues.
Lately, many people have experienced issues with their bank portals, leading to frustrating situations where money is debited from one account but is not credited in the recipient's account—sometimes even days later. So, what should you do when your money is stuck in limbo?First things first,â• What are your rights in a situation like this?… Continue reading Failed Bank Transactions in Nigeria: A Quick Guide to Effective Escalation of Your Banking Issues.
What You Need to Know About the Validity of Electronic Signatures in Nigeria.
With the advent of technology, electronic and digital signatures have become increasingly common in both legal and business transactions. But what does Nigerian law say about their use? This article examines the statutory framework governing electronic and digital signatures in Nigeria, their legal recognition, and the extent to which they are enforceable. What Constitutes an… Continue reading What You Need to Know About the Validity of Electronic Signatures in Nigeria.
Syntax Legal Practitioners 