A company is said to be in (financial) distress when it is unable to meet its financial obligations to its creditors. And even when it may meet those financial obligation
1. Form of Business Structure/OrganisationBefore starting up a business, a [...]
The Nigerian Senate on the 15th of May, 2018 passed a bill to repeal and amend the old Companies and Allied Matters Act, 1990. The proposed law has been described as revolutionary
After deciding on the type of business to register, whether it should be a business name or a limited liability company, the next step is choosing a name.
To register a trademark in Nigeria, a formal application should be made at the Registry of Trade Marks, Patents and Design. The application should contain the following:
An individual intending to establish a business in Nigeria has the option of forming registering a company or a business name/partnership or an incorporated trustee.
You have a brilliant idea and want to explore that idea as an entrepreneur or you want to start a partnership with other people in order to tread that path
companies are being formed almost every day and in order to do so, the provisions of the law must be followed. It is common knowledge that a company is not a human being but once it is registered, it becomes an artificial being by law.
Many have heard about shares but do not really know how to become shareholders. This article will address the pertinent question of who a shareholder is, types of shareholders in Nigeria, the different ways of becoming a shareholder in a Nigerian company, and
A director is a member of a company's board of directors who assumes the shared responsibility of the board to determine and implement company policies. Directors act as trustees for the company and are not under any obligation to the shareholders,