November 29, 2023 - Category: Taxes and Finance
Everyone has a civic duty to remit taxes to the government, covering various types such as personal income tax, capital gains tax, value-added tax (VAT), companies' income tax, and property tax. As a result, having a tax identification number (TIN) is crucial for tax remittance. [...]
November 22, 2023 - Category: Marriage, Divorce and Family
Drafting a will is a crucial part of estate planning. It is not just about deciding who gets what after a testator is gone; a Will or Codicil is a legal tool that allows a testator to express their wishes on important matters. [...]
August 22, 2023 - Category: Business Structure
Establishing a business is one of the most fulfilling things in the life of every entrepreneur, as this involves putting their thoughts, invention and ideas into reality. Every individual intending to start a business has the option of registering their business as a company or business name. [...]
March 27, 2023 - Category: Employment Contracts
The workforce is a very important part of Nigerian economic development as many industries largely depend on them for their growth. A country's workforce is divided into two main categories- Employees and Independent Contractors or Service providers. [...]
August 10, 2022 - Category: Housing and Real Estate
Finding accommodation that fits one's specifications can be extremely difficult. The person will consider the size and location of the rental property, rent, use of the property, and other salient features of the property. [...]
August 10, 2022 - Category: Housing and Real Estate
Ejecting a tenant can be a very daunting task and many landlords and agents usually resort to self help. Self help is the ultimate use of ones efforts to evict a tenant from their premises and this includes: changing the key locks of the tenant's building, mobilizing uniformed personnel to forcefully remove the tenant and their belongings from the premises, seizing the tenant's property and/or employing other forceful ejection mechanisms. [...]
February 28, 2022 - Category: General Business Documents
In the world of business, it is difficult and almost impossible to complete a transaction without advancing loans or delivering goods and services on credit. No matter what sector you operate, you might come in contact with clients or customers that owe you for goods or services sold to them or for the loan advanced to them. [...]
February 28, 2022 - Category: Housing and Real Estate
The Coronavirus/COVIDS-19 outbreak, has in the past few months, infected millions of persons and claimed the lives of more than 200,000 persons around the world. This outbreak has had far-reaching consequences beyond the spread of the virus. [...]
February 28, 2022 - Category: Business Structure
Organizations are established for various purposes, such as for the provision of goods or services, for philanthropic causes, and other valid reasons involving profit-making. Starting a business can be a difficult task as the founder is required to take complex steps and adhere to the various regulatory compliance. [...]
February 28, 2022 - Category: Marriage, Divorce and Family
A vast majority of people believe they do not require estate planning and that it is only for the wealthy. Estate planning is for everyone, not just the wealthy and it is a plan a person makes for the management and administration of their property during their lifetime and after their death. [...]
January 31, 2022 - Category: General Business Documents
Shares are units of ownership interests in a company that makes up a company's share capital. They are the tangible properties that are capable of being transferred to another by way of sale or gift. [...]
January 31, 2022 - Category: General Business Documents
A company is a separate legal entity that is formed by two or more persons to operate a commercial enterprise. A company is made up of directors and members who see to the management and organization of the company. [...]
August 31, 2021 - Category: General Business Documents
Under the common law, the duties of the company secretary was merely administrative, with no real authority to bind the company. However, in recent times, the position of a company secretary has evolved from mere clerks to officers with binding legal authority. [...]
July 29, 2021 - Category: Human Resources and Employment Law
Every good thing must come to an end. A person who has been hired may be laid-off one day. [...]
June 22, 2021 - Category: Housing and Real Estate
The scarcity of land has made real estate a very priced commodity with enormous economic value. This is because the cost of land or building increases over the years, which makes real estate transactions one of the most complex transactions in the world today. [...]
June 22, 2021 - Category: Housing and Real Estate
Housing is one of the most important requirement for human survival. As the world population increases, the demand for accommodation rises. [...]
June 22, 2021 - Category: Commercial Activity
Every organization possesses commercially valuable information that makes them unique and different from its competitors. This is called a trade secret. [...]
May 10, 2021 - Category: Human Resources and Employment Law
One of the greatest challenges a business faces is the ability to pay salaries and provide employment benefits in difficult times. The employer has the obligation to pay remuneration even when business is bad or there is no business at all. [...]
May 10, 2021 - Category: Human Resources and Employment Law
From the recruitment of new employees to termination, employers collect and maintain a wide range of employee data. Data are personal or sensitive information collected by employers, such as an employee's date of birth, medical records and other personal information. [...]