Practice & Commentary
THE PRINCIPLE OF UTMOST GOOD FAITH
By Vanessa Irenuma The principle of utmost good faith, often referred to as uberrimae fidei, is a fundamental and longstanding concept in the insurance industry. It embodies the idea that both the insurer (the insurance company) and the insured (the policyholder) must act honestly and in good faith when entering into an insurance contract. This […]
PROFESSIONAL NEGLIGENCE-MEDICAL MALPRACTICE
By Vanessa Irenuma Professional negligence, also known as professional malpractice or professional misconduct, refers to the failure of a professional to perform their duties or provide services to a standard expected within their profession, resulting in harm or loss to their client or a third party. In Nigeria, professional negligence can occur in various fields, […]
MATERIAL FACTS IN AN INSURANCE CONTRACT
By Vanessa Irenuma MATERIAL FACTS IN AN INSURANCE CONTRACT A “material fact” in an insurance contract refers to a key piece of information or detail that could significantly influence the terms and conditions of the insurance policy. Insurance companies rely on the accuracy and completeness of information provided by the policyholder to assess […]
E-COMMERCE AND ONLINE CONTRACT IN NIGERIA
By Vanessa Irenuma Introduction: E-commerce in Nigeria has experienced significant growth in recent years, driven by factors such as increased internet penetration, the proliferation of smartphones, and a growing middle class with disposable income. Online contracts are a crucial aspect of e-commerce, as they govern the terms and conditions of transactions conducted over the internet. […]
Notarisation of Documents in Nigeria: A Comprehensive Guide
Introduction Notarisation is an essential process in Nigeria for validating legal documents. It ensures that documents are authentic, properly executed, and legally recognized both within and outside the country. Many official transactions—ranging from business registrations to immigration applications—require notarised documents to confirm their legitimacy. Understanding how notarisation works in Nigeria can help individuals and businesses […]