Yearly Archives - 2019

Immigration Lawyer Canada
06 Dec

A GUIDE TO CANADIAN IMMIGRATION

As Nigerians continue to intensify efforts to migrate to Canada, many applications suffer rejection because applicants lack knowledge of requirements, incomplete documentation, misrepresentation etc. Here are some of the best ways to immigrate to Canada. #1 – Express Entry Express Entry is a competitive immigration system, ranking all eligible candidates against one another and then inviting the best ranking candidates to apply for Canadian permanent resident status. The system ranks candidates according to their age, education, work experience, and language abilities, and then selects the best candidates to come to Canada. [...]

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02 Dec

LEGAL IMPLICATIONS OF A PRO FORMA INVOICE

Dear Subscriber, Invoicing is an integral part of businesses processes and the term proforma invoice is something we regularly come across, especially in shipping, and is sometimes confused with a commercial invoice or purchase order. The pro forma invoice is a preliminary invoice issued by the supplier in response to a purchase order (issued by buyer) and is subject to adjustments in terms or pricing and quantity. Once you accept the pro forma Invoice, the supplier would then issue the commercial invoice. In business when [...]

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Arbitration in Nigeria
17 Sep

UNDERSTANDING AN ARBITRATION CLAUSE IN A DOMESTIC COMMERCIAL AGREEMENT

Introduction One of the choices available to resolving a commercial dispute is by arbitration. It is a process of dispute resolution distinct from the traditional litigation, mediation and conciliation. Arbitration is the reference of a dispute between two or more parties for a determination, after consideration of the evidence adduced and arguments of all parties, by a person or persons validly appointed acting judicially. It is the process of bringing a business dispute before a disinterested third party for resolution. Although the legal foundation of some kinds of [...]

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19 Aug

BANKRUPTCY: A TOOL FOR DEBT RECOVERY

Bankruptcy is the situation where a person is adjudged as unable to pay his/her debt and the judicial procedure by which such debts are repaid by way of supervised reorganization or liquidation for the benefit of creditors. In developed climes, Bankruptcy is a serious matter as the debtor will have to give up all assets owned by him; it will also involve the foreclosure of any business run by the debtor and same would be shared between the creditors. Bankruptcy in Nigeria Bankruptcy in Nigeria is governed by the Bankruptcy [...]

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05 Aug

ESTATE PLANNING 101: LIVING TRUSTS EXPLAINED

Estate planning is the act of preparing for the transfer of a person's wealth and assets after his or her death. The most common form of Estate Planning in this clime is a will which is a legal document that express the intentions of the deceased on the management, sharing and disposal of his or her assets. In a situation where the deceased fails to leave a will, the family members typically resort to applying for a Letter of administration which [...]

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28 Jul

A GUIDE TO INTELLECTUAL PROPERTY PROTECTION IN NIGERIA

Dear Subscriber, The World Intellectual Property Organization (WIPO) defines Intellectual Property as “creations of the mind, inventions, literary and artistic works and symbols, names, images and designs in commerce”. With the world becoming a global village, the importance and reach of Intellectual Property has assumed a more advanced dimension and has become a sine qua non in domestic and cross border business especially in the areas of licensing and technology transfer. Just as laws have been put in place to ensure protection of tangible properties [...]

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21 Jul

AFRICAN CONTINENTAL FREE TRADE AREA (“AfCFTA”): THE NIGERIAN PERSPECTIVE

Globalization has led to the deepening of social, economic and cultural interactions among countries of the world through cross country flow of information, ideas, technologies, goods, services, capital, finance and people. With the advent of the African Continental Free Trade Area (“AfCFTA”) which aims to bring together 1.2 billion persons with combined Gross Domestic Product estimated at $2 trillion in a single market, it is expected that there would be an erasure of all restrictions to movement of goods and services amongst sovereign [...]

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14 Jul

RAPE: WHAT NIGERIAN LAW SAYS

Rape is generally defined as unlawful sexual intercourse carried out forcibly or under threat of injury against a person's will or with a person who is beneath a certain age or incapable of valid consent because of mental illness, mental deficiency, intoxication, unconsciousness, or deception. Under Nigerian Law, the offence of Rape is limited to the actions of a man against a woman and requires at least a slight penetration of the penis into the vagina to constitute rape. This definition has however been broadened by judicial pronouncements [...]

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An Investors Guide to Doing Business In Nigeria
04 Feb

AN INVESTORS GUIDE TO DOING BUSINESS IN NIGERIA

Dear Subscriber, Nigeria continues to face the challenge of diversifying its economy from total reliance on crude oil as its major revenue earner. In other to attract Foreign Direct Investment, making the business environment friendlier became a priority and this led to the establishment of the Presidential Enabling Business Environment Council (PEBEC) which had the mandate of removing bureaucratic impediments to doing business in the country. The focus of PEBEC was Entry and Exit of goods; Entry and Exit of people and [...]

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Enterprise Zone
21 Jan

THE ENTERPRISE ZONE

Entrepreneurs tend to be creative visionaries but also tend to get distracted by the excitement of their idea. Building a lasting, profitable business is challenging, it goes beyond the idea and there is no set roadmap for success. Common challenges for businesses bother around Finance, Personnel and Legal. Consequently there is the need for serious business owners to strengthen these centers in other to have a sustainable business. Based on our constant engagement with startups and SME’s, we are aware of the deficiencies which typically lead to [...]

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