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THE LEGAL ASPECTS OF MERGERS AND ACQUISITION IN NIGERIA

INTRODUCTION A company may decide to restructure its corporate outlook after its incorporation; this might either be as a result of the company’s financial state or due to depletion in the company’s economic growth.[1] Company restructuring may be internal or...

Why Collectors and Institutions Should Consider Art as a Valuable Investment Vehicle | AOC

  Introduction Art has long been considered a symbol of cultural and aesthetic value, but it is increasingly being recognized as a viable investment vehicle. For banks, asset management companies, and other institutions, investing in art can offer unique benefits...

Incorporation Documents:  The Memorandum Of Association And Article Of Association Of A Company Under CAMA, 2020 In Nigeria

Introduction The first stage in forming a business entity is deciding which type to establish. Once this decision is made, the next step is to initiate the formation process. For a company, specific incorporation documents are required. These documents include the...

LEGALITY AND APPLICATION OF SEARCH WARRANTS UNDER NIGERIA LAW

Legality And Application Of Search Warrants Under Nigeria Law INTRODUCTION Sections 34, 35, and 37 provide and enable all citizens of Nigeria to enjoy the rights to dignity, liberty, and privacy. However, while the law acknowledges these constitutional rights, they...

Power of the Police to Conduct Searches Under Nigerian Law

The power of the police to conduct searches is a critical aspect of law enforcement, aimed at maintaining public safety and order. While conducting searches law enforcement officers are able to discover illegal and contraband items, searches also provide opportunity...

Why Your Business Needs A Company Secretary

Except in the case of a small company, every company shall have a Secretary, so says Section 330 of the Companies and Allied Matters Act 2020, CAP. C20, Laws of the Federation of Nigeria. By secretary, I do not mean a receptionist or a customer care practitioner;...

Doing Business In Nigeria: How To Register Your Company

Nigeria, Africa’s largest economy, offers a wealth of opportunities for entrepreneurs and investors. Registering your company is a crucial step to legally establish your business and unlock numerous benefits, including access to funding, legal protection, and enhanced...

Fiduciary Duties Of Boards Of Directors In A Company; Need For Strict Adherence And Compliance

Scenario; Halima Durosinmi has just been appointed as a director in XYZ Company, a Multi-national company operating in the heart of Lagos, Nigeria. Though excited and elated, Halima is however not so confident because she does not know or understand the duties of a...

Expropriation of Foreign Investments in Nigeria: Legal Framework and Implications

Introduction One major fear of every foreign investor is the stability of government and the security of investments in the investment destination . Many times, investors have suffered losses due to national policies that seek to take away their investment....

Post – Incorporation Obligations of Companies Under Nigerian Law

Starting a business in Nigeria is an exciting venture, but the journey doesn’t end with incorporation. Post-incorporation filings are crucial for maintaining compliance and ensuring the smooth operation of your business. Many individuals who have incorporated...

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