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CBN RELEASES E-PAYMENT GUIDELINES!

On 28th January, 2019, the payment systems management department of the central bank of Nigeria issued an exposure draft of its proposed revision of The Regulation On End To End Electronic Payment Of Salaries, Pensions And Other Remittances, Suppliers And Revenue Collections In Nigeria, 2018 which was earlier released in 2014 to stakeholders and the general public for review and general feedback.

BUSINESS CLINIC : BUSINESS STARTUP & BEYOND

  Business Clinic : Over the weekend, Gbemisola Mosuro, Ifeoluwa Gbarada & Adamaigbo imelda were at Dominion City, Ikeja to provide a free seminar on the Legal Considerations for Business Start-ups and Beyond. They taught extensively on the various types of registered entities, how to determine which to go for, the various taxes payable by …

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REVIEW OF METER ASSET PROVIDER (MAP) REGULATION

Use of estimated billing system in the supply of electricity in Nigeria has generated a lot of concern as consumers complain unceasingly about the exorbitant fees charged by Distribution Companies (“Discos”) for electricity usually not supplied. The overzealous nature of estimated billing is now evident as consumers still get ‘crazy bills’ regardless of how economical …

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NEW “MARKET MONI” EMPOWERMENT SCHEME FOR SMEs

THE NEW  ” MARKET MONI ”  EMPOWERMENT SCHEME FOR SMES IN NIGERIA. The importance of Small and Medium Enterprises (“SMEs”) cannot be undermined in the economic growth and sustainability of any developing nation. Financial constraints and lack of access to credit facilities are major challenges affecting the growth and development of SMEs in Nigeria. Consequently, …

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MEDIATION: A SHORTER ROUTE TO RESOLVING DISPUTES

Looking for a way to resolve your disputes amicably without losing that friend, colleague, business ally, client/customer and preserving your cherished long-built relationship? My advice, don’t rush to court, rather, try mediation because “No two people go to court and return as friends”. Many people know that lawsuits are steadily increasing in dispute resolution, however, lawsuits are expensive and long-drawn-out and …

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IEN BUSINESS CLINIC: LAW CLINIC WITH T & A LEGAL

IEN Business Clinic : Law Clinic with T&A Legal was a programme organised by the firm in collaboration with Ibadan Entrepreneurs Network (IEN) to enlighten Small Scale business entrepreneurs about the legal consequences of any business transactions undertaken by them. The programme was scheduled on 11th August, 2018. Mr. Tolu Olatunji, a senior counsel gave …

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7 IMPORTANT STEPS WHEN BUYING A VIRGIN LAND

Land is a natural resource upon which all human activities are dependent. An understanding of the nitty-gritty of a registered or virgin land transaction is very important for prospective sellers and buyers to ensure valid title is transferred and the prospective buyer enjoys peaceful possession. A virgin land is a land occupied by the first …

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CYBERSQUATTING: THE NIGERIAAIR CONTROVERSY

Act, 2015, in its ingenuity defines Cybersquatting as the “The acquisition of a domain name over the internet in bad faith to profit, mislead, destroy reputation, and deprive others from registering the same, if such a domain name is; (i) similar, identical, or confusingly similar to an existing trademark registered with the appropriate government agency …

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