NOTAP Registration Process in Nigeria
NOTAP which means the National Office for Technology Acquisition and Promotion was established by the NOTAP Act, CAP N62 Laws of the Federation of Nigeria (LFN) 2004 was given the mandate to encourage a more...
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How to remove a Trustee of a Non-Profit Organisation In Nigeria
Section 834 of the Companies and Allied Matters Act 2020 stipulates the requirement and procedure for the removal of a trustee of a non-profit organisation in Nigeria. To remove a trustee of a non-profit...
How to change the secretary of a Non-Profit Organisation in Nigeria
Under Section 598 of the Companies and Allied Matters Act 2020 (CAMA), a Secretary of an Incorporated Trustee can be changed or removed. However, the change must be effected by the procedure as laid down in...
Share Transfer, Share Allotment & Share Surrender
There are various forms by which the shares of a company can be distributed to members or other interested parties, such as investors. Though they achieve the same purpose, they are quite different...
How to remove/appoint a company secretary in Nigeria
The secretary of every company can be changed from time to time if the company so desire. According to the Companies and Allied Matters Act (CAMA) 2020, a private company can elect not to have a secretary....
How to change your business address – Limited Liability Company or Business Name
To change the address of your business name or limited liability company, your business should have filed up to date Annual Returns with the corporate Affairs Commission (CAC). A company would during a...
How to close your Company in Nigeria
The closing of a company in Nigeria is called winding up and it can be done voluntarily by court order or by supervision of the court. The procedure for winding up is done at the Federal High court where the...
How to amend/alter the MEMART of your Company in Nigeria
MEMART is the abbreviation for the company incorporation document known as Memorandum and Articles of Association, which is the part of your incorporation documents that reflects the structures, governance,...
How to remove a Trustee from your Non-profit Organisation in Nigeria
The Companies and Allied Matters Act Cap LN 2020 Sec 834 provides that Where a body or association intends to replace some or all its trustees or to appoint additional trustees, it may by resolution at a...
Filing Financial Statements under the Companies & Allied Matters Act in Nigeria (CAMA)
Financial statements are records of the financial activities of a company over a period of time. At the end of every financial year, the director of a company is required by the Companies and Allied Matters...
Family Business Can be Big Business
According to the Family Firm Institute, family-owned businesses account for two-thirds of businesses worldwide, making them essential for both economic growth and job creation. So how can one make a family...
How to change the name of your church in Nigeria
Section 832 of the Companies and Allied Matters Act allows for the change of the name of an incorporated Trustee. A church is registered as an incorporated Trustee under the provisions of the Companies and...
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