INTRODUCTION The Nigerian Securities and Exchange Commission (“SEC”) released its Rules on Crowdfunding (“the Rules”) on 12 January 2021, pursuant to section 13(a) of the Investment and Securities Act 2007 to regulate investment-based crowdfunding in Nigeria. It is now a mandatory requirement from SEC that all crowdfunding intermediaries must comply Read more…
1.0 INTRODUCTION Nigeria is dealing with a slew of internal security issues, including recurring deadly attacks on villages, kidnappings, robbery, and banditry activities. Following the launch of its biometric verification system, the northeastern Nigerian state of Gombe claims to have detected 668 ghost workers.1 Obtaining the NIN will strengthen Nigeria’s Read more…
Consumer protection is highly fundamental to the economic growth of any nation. Individuals engage products and services that meet their needs and uphold value. In Nigeria, the Federal Competition and Consumer Protection Commission (FCCPC) is the agency vested with a statutory mandate to monitor and modify behaviour of service providers Read more…
Abstract Section 14(1) and (2b) of the 1999 Constitution of the Federal Republic of Nigeria (as amended) provides that; “the Federal Republic of Nigeria shall be a state based on the principle of democracy and social justice. It is hereby accordingly declared that the security and welfare of the people Read more…
INTRODUCTION Lately, Nigeria has been enmeshed in a firebox of insecurity leading to scores of deaths of innocent civilians, foreigners, some members of the nation’s security personnel, elected officials and many government workers. The insecurity challenge has assumed formidable dimensions forcing the country’s political and economic managers and, indeed the Read more…
INTRODUCTION Day in, day out, Creatives are faced with intellectual property (IP) related issues. These issues are stimulated by a combined effect of ignorance or minimal attention to IP as it applies in the creative industry. What happens? There is a seeming state of helplessness as an avalanche of infringement Read more…
INTRODUCTION The banking industry is one of the most regulated industries in Nigeria. The microfinance industry in particular is booming and has seen quite a bit of entrant in the past few years. From the Microfinance Policy, the Regulatory and Supervisory Framework issued on December 15, 2005, and revised in Read more…
INTRODUCTION The concept of partnership is well employed in the business sphere. Due to the delicate nature of business relations, it is common to find two or more individuals who agree to do business based on certain stipulated terms and conditions. It is not as though the individuals do not Read more…
INTRODUCTION Retirement is an unavoidable event when one works for the government or corporate organisation. The importance of a secured future after years of meritorious service to any employee in the public or private sector cannot be overemphasized.[1] Pension is a serious matter. It is designed to cushion the retiree Read more…
INTRODUCTION Building a start-up is dependent on certain business decisions which are pivotal to the existence and running of such establishments. Nigeria’s business frontier comprises registered and unregistered business entities. Unregistered business entities usually lose out on some benefits that accrue to registered businesses. Benefits like the priority of name, Read more…