EFFECT OF INFLATION ON REAL ESTATE IN NIGERIA
What is inflation? It is the general increase in prices and fall in the purchasing value of money in an economy continuously over a period of time. It is also the rate of increase in prices over a given period of time. Currently Nigeria is experiencing inflation which has affected all aspect of life and
Read MoreTypes of Business Registrations in Nigeria
Understanding the various types of business registration done in Nigeria is essential. As an entrepreneur that wants to start his or her entrepreneurial journey, there are many benefits of properly registering your business with the Corporate Affairs Commission in Nigeria. From building credibility and attracting investors, to avoiding tax and legal complications. Now you might
Read MoreCompliances For Business in Nigeria
Compliances are those legal frame work a business must put in place before its operations. There are many compliances like Legal compliances, Regulatory compliances, Ethical Standards, Corporate Governance, Risk management, Corporate social responsibility etc. For the purpose of this write-up, we will only consider the Legal and Regulatory compliances. These are basically the certificate and
Read MoreHow to Authenticate Documents in Nigeria
Authentication of document in Nigeria has become necessary because Nigeria is not a party to the Hague Convention. It is also important to ensure that the submitted documents are genuine and have not been tampered with. During the verification process, officials at both the Nigeria Ministry of Education and Federal Ministry of Foreign Affairs carefully examine each
Read MoreAffidavit of Bachelorhood/Spinsterhood
An affidavit is a sworn declaration of facts. The facts deposed may be within the deponent’s knowledge or outside his or her knowledge. If the fact is not within the deponent’s knowledge, the deponent must state the source of his or her information. An affidavit of Bachelorhood or Spinsterhood is a sworn declaration by the
Read MoreCompany Registration (Limited Liability Company) 2024
Limited liability company is a company whose liability are limited by their share capital. What this entails is that if a company’s share capital is 1m then its liability will be limited to 1m only and nothing more. Limited Liability company have directors and shareholders. The shareholders are the real owner of the company while
Read MoreRegistry Marriage in Rivers State (Court Marriage in Rivers State)
Conducting a marriage at a marriage registry in Nigeria is referred to as marriage under the Act and to a lay man it is called Court Marriage. Do you want to travel outside the country with your spouse? If your answer is yes then this write-up is for you. If you are married in Nigeria
Read MoreHow to Obtain Export Certificate in Nigeria
In Nigeria, many citizens are desirous of exporting one goods or another. They have materials like food stuffs, raw materials etc. As a citizen before you can start exporting anything from Nigeria to another country you must obtain an export certificate. What is an Export certificate? It is a document issued by Nigeria Export Promotion
Read MoreCAC Business Name Registration 2024
As a business owner, business registration with CAC in Nigeria is the first step required to commence a business in Nigeria. The Corporate Affairs Commission (CAC) is the government body saddled with the task of registering new businesses. This body was established by virtue of the Companies and Allied Matters Act (CAMA) to regulate the
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