Following the repeal of the erstwhile legislation on commercial arbitration, the Arbitration and Conciliation Act[1] by the National Assembly of the Federal Republic of Nigeria, through the newly enacted Arbitration and Mediation Act, 2023, ‘the Act’, the evolving commercial leading dispute resolution mechanisms in Nigeria, arbitration and mediation have begun Read more
1.0 INTRODUCTION: Generally, the Doctrine of the Privity of Contract disentitles a person from acquiring any right under or being subjected to any obligation arising from a contract to which he is not a party. The law recognizes the need for a person to employ the services of another to Read more
Introduction: In exercise of the powers conferred on the Nigerian Electricity Regulatory Commission (NERC) by the defunct Electric Power Sector Reform Act[1], but reinforced and reconfirmed under the provisions of the new legislation regulating electricity in Nigeria, the Electricity Act 2023[2] and other enabling powers, the Commission made the Customer Read more
INTRODUCTION Digital lending or borrowing or grant, is a type of credit procurement that allows people to apply for and take credits from online mediums without visiting a physical bank or financial institution. This method allows borrowers to start and finish the whole credit application, receive the money, and make Read more
INTRODUCTION Incontrovertibly, startups and business enterprises are a catalyst for economic recovery both globally and locally, crucial in bringing about societal change as well driving economic recovery and reaching new levels of responsible and sustainable growth. With the enactment of the Nigerian Startup Act[1], which brings hope that businesses within Read more
INTRODUCTION Electricity in any modern society cannot be underrated. It is a necessity that cannot be ignored. Electricity is a necessity for any thriving economy. Nigeria, as a country has been plagued for several years with the issues of recurrent epileptic electricity supply. Several factors such as inefficient legal/regulatory frameworks,inadequate Read more
1.0 INTRODUCTION Debt has long existed since the beginning of time. Man, when faced with financial difficulties and the inability to provide for their daily needs will resort to obtaining loans, credits and accumulate debts for survival. A Debtor and Creditor relationship is then created. As long as man and Read more
Introduction “I will apply, for the benefit of the sick, all measures [that] are required, avoiding those twin traps of overtreatment and therapeutic nihilism. I will remember that there is art to medicine as well as science, and that warmth, sympathy, and understanding may outweigh the surgeon’s knife or Read more
Introduction: Pharmacy practice in Nigeria, for international best practices and in line with Good Pharmacy Practice (GPP), is regulated by the Pharmacy Council of Nigeria (Establishment) Act, 2022 No. 31, which was enacted by the National Assembly of the Federal Republic of Nigeria and received the assent of the then Read more
Introduction: The 21st Century is unarguably a more improved business world, where all facets of human lives encourage entrepreneurship and business ventures. The impact of which is enormous and can no longer be ignored for the huge contributions to the daily business activities. This modern era has also witnessed a Read more