Business Law
Types and Uses of NGOs in Nigeria
Non-Governmental Organizations (NGOs) are crucial in Nigeria, filling gaps where government resources may be limited. They play a diverse role across various sectors and are often instrumental in addressing social, economic, environmental, and health challenges. Here’s an exploration of the main types of NGOs in Nigeria, along with their primary uses. Human Rights NGOs Purpose: Human rights NGOs advocate for the protection and promotion of fundamental human rights. They focus on safeguarding the rights of […]
Trademark Rights and Domain Names in Nigeria
In the digital age, domain names have become an essential part of business identity. However, domain name disputes can arise when a domain name infringes on trademark rights. In Nigeria, such disputes are generally addressed under the principles of trademark law and through the Uniform Domain-Name Dispute-Resolution Policy (UDRP), a globally recognized policy established by the Internet Corporation for Assigned Names and Numbers (ICANN) to resolve domain name disputes efficiently. Where the Trademark is Registered […]
Domain Name Registration and Protection in Nigeria: Legal Frameworks and Emerging Trends
In Nigeria’s rapidly expanding digital economy, domain names have become a critical part of establishing an online presence and protecting intellectual property. Here are some insights that provide a broader understanding of intellectual property protection in Nigeria, particularly as it relates to domain names. Trademark Protection and Domain Names: Nigeria adheres to the International Classification of Goods and Services for trademark registration, which is also applicable to domain name disputes. This means that a registered […]
Types and Uses of Company Limited by Guarantee in Nigeria
A Company Limited by Guarantee (CLG) is a unique legal structure recognized under the Companies and Allied Matters Act (CAMA) 2020 in Nigeria. It is designed for organizations that operate for non-profit purposes, focusing on activities that benefit the public. Unlike companies limited by shares, a CLG does not have shareholders but members who guarantee a nominal amount to cover the company’s liabilities if it winds up. This article explores the types of CLGs […]
ESG Responsibilities of Corporate Entities in Nigeria
In today’s rapidly evolving global landscape, the concept of Environmental, Social, and Governance (ESG) responsibilities has emerged as a vital framework for corporate entities worldwide. ESG principles reflect the growing recognition that businesses must account for their impact not only on their bottom line but also on society and the environment. In Nigeria, where the corporate sector plays a pivotal role in driving economic development, adopting ESG principles is becoming increasingly important for sustainable business […]