Law Insights
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 […]
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 […]
Sustainability Reporting in Nigeria: The Growing Imperative
Sustainability reporting has become a critical component of corporate responsibility globally, and Nigeria is no exception. As businesses and governments recognize the long-term impact of their actions on the environment, society, and economy, sustainability reporting serves as a tool to communicate these impacts transparently. In Nigeria, the growing emphasis on environmental, social, and governance (ESG) […]
Analysis of The Business Facilitation (Miscellaneous Provisions) Act 2023 in Nigeria
The Business Facilitation (Miscellaneous Provisions) Act 2023 represents a significant milestone in Nigeria’s ongoing efforts to improve its business environment and attract more investment. This legislation, commonly referred to as the Omnibus Act, consolidates and amends various existing laws to streamline business operations and enhance regulatory efficiency. This article delves into the key provisions of […]
Legal Insights into the Landmark vs. Lagos-Calabar Coastal Highway Saga
The Landmark vs Lagos-Calabar Coastal Highway saga in Nigeria highlights a clash between development goals and existing infrastructure, raising crucial legal questions about land ownership, property rights, and the government’s power of eminent domain. The crux of the matter lies in the conflict between Landmark Beach Resort, a thriving tourism hub in Lagos, and the […]