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...
Perfecting Your Business Model
One of the most common misperceptions of entrepreneurship is that what makes a successful business is the idea for a unique product — that if you just have that one great idea that nobody has thought of...
How To Renew A Lagos State Money Lender’s License
The Money Lenders License granted in Lagos to lenders has a one year duration period, this means its usually valid between January 1st to December 31st yearly. This therefore the lenders have to renew their...
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 Register a Group Company in Nigeria
According to the Companies and Allied Matters Act (CAMA), a Group company comprises of three or more associated companies with common ownership. These companies become the shareholders of the distinct...
Corporate Governance For Small Businesses
When a new business is scrambling for funding, staffing, and a product-market fit, best practices of corporate governance tend to be far down the priority list. These start up challenges notwithstanding, the...
Owning Your business website
In today’s business world, having a website for your business is now regarded as a basic requirement and it is even more necessary when most of your business is done online. A website can serve as a great...
Virtual Board Meetings Are Here To Stay
Since the disruption caused by the Covid-19 virus many businesses have been forced to adopt alternative means to meet up with corporate governance commitments, one of which is board meetings. While travel...
Copyright Basics for Businesses
As a business owner, It is very important you have an interest in ensuring that your work remains proprietary, and that no competitors rip off the results of your investment in it. But how far should you go...
Picking The Right Name for Your Business
When you have finally decided to start a business or make that current side hustle official or maybe your intention is to rebrand an already existing business, there is usually a lot of personal and...
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