Articles

REQUIREMENTS FOR A LIMITED LIABILITY COMPANY

💡You should be thinking about the following requirements if you’re looking to start up a limited liability company: 🔹A total share capital of not less than N10,000.00; subject to mandatory industry specific share capital requirements🔹Appointment of 2 directors who are adults, not bankrupt and of sound mind🔹Subscription by a minimum of 2 shareholders subscribing to …

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COVID-19 AND REAL ESTATE TRANSACTIONS IN NIGERIA

Fast forward to 2020 and the offensive intrusion of the coronavirus (COVID-19), businesses are shutting down and our commercial landscape is changing rapidly, such that investors are seeking investment alternatives that are either immune to the crisis or have the propensity to thrive after the pandemic, the real estate sector is not exempted from the impact of COVID-19 and this article aims to analyse the legal impact of the pandemic.

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.