Monthly Archives - August 2015

26 Aug

HOW TO USE YOUR PENSION CONTRIBUTIONS TO PURCHASE YOUR HOME

For the first time, you are now able, as a pension contributor, to utilize part of your contribution to secure your own primary home in accordance with guidelines that were recently issued by the National Pension Commission (PenCom). This new innovation is possible as a result of the amendment of the original Pension Act to allow Pension Fund Administrators (PFA’s) invest directly in real estate, which was not permitted under the old pension law. With this development you can [...]

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19 Aug

DO I NEED A LAWYER TO MANAGE DEBT?

As the economy continues to slow down its obvious that a lot of people and businesses are facing financial difficulties and a lot of them are having a hard time with creditors who harass them with lawsuits, law enforcement agents etc. Whilst not encouraging financial irresponsibility on the part of debtors, it’s also important that undue and unethical debt recovery methods should be disallowed which is why a lot of debtors are turning to lawyers versed in debt relief [...]

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12 Aug

5 THINGS TO NOTE BEFORE SIGNING ANY CONTRACT

A contract is like a promise between people. It is an understanding, a deal between two or more people or organizations to do certain things. Each person or organization who agrees to do something in a contract is called a party.  An agreement, or a contract, says what you and the other person have agreed to do. It is a written list of the promises you have made. The best form of contract is written on paper and signed [...]

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05 Aug

DISPUTE RESOLUTION: SAVE TIME AND MONEY, TRY ADR

Disputes are a necessary part of human endeavor and in Nigeria parties to a dispute commonly resort to the Law Courts to determine the validity or otherwise of their positions. Its however a fact that most Nigerians are reluctant to approach the courts because of the time delays in getting results which has led to aggrieved persons taking laws into their hands or trying to influence the law enforcement agents to deal with their perceived opponents. The cost and delays [...]

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