Have this imaginary scene together: A group of investors sitting around a conference table somewhere in Nigeria, with a representative from XYZ Nigerian Company Ltd ready to pitch. The representative thanks all for coming and with a smile announces to the audience that the company brings a new and juicy investment scheme about to be […]
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Trademark registration is a major aspect of the protection of intellectual property (IP) right. It is a critical aspect of branding and business identity. It could be a unique symbol, word, phrase, or design that distinguishes one business from another and identifies its products or services. In Nigeria, trademarks are protected under the Trade Marks
Intellectual property rights are essential for protecting the creations of individuals and organizations. These rights provide legal protection for inventions, literary, and artistic works, and other forms of intellectual property. Intellectual property is protected by the law which enables people to earn recognition or credit for what they invent or create. The importance of these rights
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Transferring ownership to a company can be a complex process that requires careful consideration and planning. The first step is to determine the legal structure of the company, whether it is a sole proprietorship, partnership, or corporation. Once it has been established that the company can own a property, the owner must decide on the
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Benefits of Transferring Property to a Company Transferring property to a company can offer several advantages, including: 1. Limiting Personal Liability By holding property in a company, owners can limit their personal liability in case of lawsuits or other legal issues. This protection is particularly valuable for investors with multiple properties or businesses with significant
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Property can be classified into several types, each with its characteristics and legal implications. The most common types of property include real property, personal property, intellectual property, and community property. Real property refers to land and everything permanently attached to it, such as buildings and fixtures. It is considered immovable and subject to various laws
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Why would anybody want to transfer ownership of his property to his company you may ask. There are several reasons why this may come up. For instance, a divorce petition. The high-profile divorce which trigged the world between actress Hiba Abouk and Paris Saint-Germain football star Achraf Hakimi has been making headlines for months. The
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The Darkside Of Unissued Share Capital And The CAC Deadline: The Implications Every Company Needs To Know On Missing The Deadline. The recently introduced CAMA 2020 transformed the course of corporate practice in Nigeria, by bringing about notable changes. One of which, includes the necessity for companies to issue the unissued share capital in the
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Federal government contracts in Nigeria are a very important means of giving life to government manifestos and implementing structural and other forms of development in the Federation. It is also a boost to the economy of the country. These contracts have a huge impact on the economy as they provide jobs to many. The federal
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A mining lease confers an exclusive right to occupy and carry out mineral exploration and exploitation within the lease area. Gone are the days you are required to take long trips to the Mining Cadastre Office in order to get or renew your mining lease. With the recently launched E-mining Cadastre website, you can perfect
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