WHEN A COMPANY IS IN FINANCIAL DISTRESS
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
5 LEGAL ISSUES TO CONSIDER WHEN STARTING YOUR BUSINESS
1. Form of Business Structure/OrganisationBefore starting up a business, a [...]
WHAT DO THE NEW AMENDMENTS TO THE COMPANIES AND ALLIED MATTERS ACT IMPLY FOR BUSINESSES IN NIGERIA?
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
Starting a business 2 – Choosing a Name
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.
STEPS TO REGISTERING TRADEMARKS IN NIGERIA
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:
Business Registration In Nigeria
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.
AN EASY GUIDE TO REGISTERING YOUR BUSINESS IN NIGERIA
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
THE ROLES OF A COMPANY SECRETARY
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.
HOW DO I BECOME A SHAREHOLDER IN A COMPANY?
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 Company Director: Powers & Responsibilities
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,