Overview of Affidavit of Spinsterhood or Bachelorhood and Affidavit of Non-impediment.
Affidavit is a sworn statement or written statement that are usually used in a legal proceeding or as an official document. An affidavit is a legal document sworn to before a commissioner of Oath or a Notary Public. It is an oath or an affirmation. Read:Affidavit and its uses in Nigeria There has been massive
Read MoreHOW TO START AN OIL AND GAS BUSINESS IN NIGERIA
The oil and gas industry is fast growing to its next level with the advent of CNG in Nigeria. The oil and gas industry is contributing significantly to the country’s GDP and providing various business opportunities for both young and old and foreigners as well. Before starting a business in the oil and gas sector,
Read MoreThings to know before buying Land in Rivers State Nigeria
Buying land in the oil rich city of Port Rivers State, can be an amazing experience and significant investment, but it also comes with its challenges and complexities. The real estate market in Rivers State is picking up and it is promising also. Understanding the legal, financial and other considerations is essential to making a
Read MoreTRANSMISSION, TRANSFER, SURRENDER OR NEW ALLOTMENT?
In any registered company, a time will come when the management of the company must either transmit or transfer shares or do new allotment or the shareholders surrenders shares. What is Transmission of Shares? It is the handing over of shares of a shareholder upon his death or if he or she is adjudicated to
Read MoreHow to apply and get CTC of company documents
What is CTC? It is the acronym for Certified True Copy. Before this time, the Corporate Affairs Commission CAC used to issue hard copies of incorporated companies documents to the owners. Many companies (including Business names, Incorporated Trustees) incorporated before year 2000 all have hard copies of their company documents. As an owner of a
Read MoreHow to change Registered Address for Companies in Nigeria
Every company registered in Nigeria by the Corporate Affairs Commission [CAC] under the Companies and Allied Matters Act must have an address which is the physical office address where such a company transacts business with the public. A company’s registered address is also included in the CAC public records open to the public. This address is
Read MoreHow to appoint and remove a Company Secretary in Nigeria.
Who is a company secretary? A company secretary is an officer of a company appointed by the directors to perform certain legal and administrative duties, with the requisite knowledge and experience to discharge these duties. The Companies and Allied Matters Act, 2020 makes a mandatory requirement for all companies to appoint a secretary, with the
Read MoreTENEMENT RATE IN NIGERIA
Tenement rate is simply a pre-determined fee/tax charged and collected by a local government authority on a developed and occupied property. In other words, it is a rate or tax levied upon the owners or occupiers of property. Tenement rate is not levied or charged on an empty, unoccupied or undeveloped land. Usually, the tax
Read MoreHow to apply for Nigerian Social Insurance Trust Fund (NSITF) Certificate in Nigeria.
Nigeria Social Insurance Trust Fund (NSITF) is a body of the government that ensures and cater for employee’s welfare in the event of work-related accidents and injuries. This Employees Compensation Scheme ensures that all employers of labor adhere to its objectives. It is the creation of the EMPLOYEE COMPENSATION ACT, 2010 ACT 73 OF 1993.
Read MoreOIL AND GAS COMPANY OPERATION IN NIGERIA
The oil and gas sector has been Nigeria’s major source of income from time immemorial. The sector contributes majorly to the economy of Nigeria. In Nigeria, both Federal and State government have special interest in oil and gas. In this write-up we are going to explore the steps one need to take in order to
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