Practice & Commentary
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) […]
Investing in Nigeria: A Gateway to African Prosperity
Introduction Nigeria, often referred to as the “Giant of Africa,” is a country brimming with potential and opportunity. With a population exceeding 200 million, it is the most populous country in Africa and the seventh most populous in the world. As an emerging market with a dynamic and diverse economy, Nigeria presents a compelling case […]
Understanding Statutory and Customary Marriages under the Marriage Act: Essential Requirements and Legal Implications
Marriage, a foundational social institution, is recognized in Nigeria through statutory and customary frameworks. This article explores the essential requirements, legal implications, and unique characteristics of these marriage types as defined under the Marriage Act Marriage is defined according to the Marriage Act as “the union of one man and one woman to the exclusion […]
