You are invited to join us on 22 September
for the LCA Young Arbitrators Network anniversary event. We are pleased that Gary Born and
Funke Adekoya,
SAN will speak on "The Advantages of Bilateral Arbitration Treaties and
their Feasibility under Nigerian Law" The event is free, but due to
limited seating, registration is required. Please see flyer for details.
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Aug 31, 2017
Federal Ministry of Finance (FMF) whistleblowing programme
The Federal Ministry of Finance (FMF)
whistleblowing programme is designed to encourage anyone with information about
a violation of financial regulations, mismanagement of public funds and assets,
financial malpractice, fraud and theft to report it. The Federal Government of
Nigeria, has thus established a portal via which information bordering on
violation of financial regulations, mismanagement of public funds and assets,
financial malpractice or fraud and theft that is deemed to be in the interest
of the public can be disclosed.
Aug 29, 2017
Perspectives on Probation, Confirmation and Promotion in Employment Contract | Kayode Omosehin, Esq.
Probation
is simply an agreed trial period for a worker to prove his worth on a job to
his employer and assess the worth of the job to himself. Promotion is an
elevation of a worker in status within a company based on performance or other
considerations as may be agreed in an employment contract or determined by the
employer. Confirmation is the intermediate act of endorsement of a new worker’s
performance by a company sometimes between the periods of probation and
promotion; it is a testament that an employer is satisfied with the performance
of a new employee.
What You Need To Know about Expatriate Employment In Nigeria | Busayo Adedeji
With approximately 188 million
inhabitants, Nigeria is the most populous country in Africa and the seventh
most populous country in the world. The country has one of the largest
population of youth in the world. In 2014, Nigeria overtook South Africa
to become Africa's largest economy and in 2015, Nigeria was said to be the
world's 20th largest economy, worth more than $500 billion and $1 trillion in
terms of nominal GDP and purchasing power parity respectively.
Aug 28, 2017
How to spot growth and value stocks in the Nigerian stock market | Nairametrics
For those new to investing, the terms value
stocks and growth stocks are what you will hear every other day as you decide
what stock to buy, sell or hold.
Stocks, just like most investments are
thrown into buckets to enable investors understand the peculiarity of each
asset and decide where one’s risk appetite lies.
The Benefits Of Mediation Over Litigation (iii)| DmediationLawyerist
By Legalnaija 10:13 AM
alternative dispute resolution, Business law & Startups, Company law, Dispute Resolution, mediation
It is usually less expensive than
litigation which goes all the way to judgment.
Mediation provides litigants with a wider
range of solutions than those that are available in litigation; for example, an
apology; an explanation; the continuation of an existing professional or
business relationship perhaps on new terms.
Aug 26, 2017
Aug 25, 2017
Star Profile - Nicholas Akintola Ladapo
By Legalnaija 10:22 AM
Principal
partner Chief Ladosu Ladapo ( SAN)& CO
Mr. Akintola Ladapo
is an amazing man. Words are not enough to begin to describe him. He likes to
play squash and surprisingly, he is a very good dancer. How do I know? Well, I happened to see him
dance at his wife’s retirement thanksgiving service with his mighty ‘Agbada’
attire. The Reverend at the Methodist church Bodija Ibadan could not hide his
astonishment at what he noticed in Mr. Akintola Ladapo’s skills on the dance
floor.
Aug 22, 2017
The Benefits Of Mediation Over Litigation (II) |DmediationLawyerist
By Legalnaija 12:49 PM
The Benefits Of Mediation Over Litigation include -
·
It
gives better results because control remains directly in the hands of the
parties as decision makers.
· Win
or lose, it is comparatively quick and cheap as a self- contained process.
Aug 21, 2017
The Right Choice Between Voluntary Resignation and Termination of Employment | Kayode Omosehin, Esq.
By Legalnaija 3:26 AM
One of the easiest ways out of any
confusion created by an irreconcilable difference in the course of an
employment relationship is a voluntary resignation by the affected worker.
Unfortunately, lack of knowledge of employee’s rights and employer’s powers has
resulted in several litigious employment disputes that could have been avoided
with minimal costs to both parties. It all depends on making the right decision
with less stress or none at all.
Aug 18, 2017
Nigerian Startup Registration in 2017: a Necessity or Luxury? | Adejorin D. Abiona
When starting a business, one of the major considerations on the minds of
the owners/ promoters is whether or not registration is needed at that material
time. This of course may be borne of the desire to justify every expense to be
incurred by a newly formed startup i.e. every penny has to provide a return on
the investment. Registration of a startup may seem unnecessary at the beginning
stage of a business to the owner but this should not be the case. This article
will look into registration of startups in Nigeria with focus on the major
reasons for registration and drawing a conclusion on whether registration is a
necessity or not.
Overview of the Legal requirements for revocation of certificate of occupancy in Nigeria | Teingo Inko-Tariah
Introduction
A certificate of occupancy is a document
that evidences the grant of a right of occupancy over land in Nigeria given by
the appropriate authority i.e. the Governor of a State[i]. The
Constitution of Nigeria provides that every citizen of Nigeria has a right to
acquire and own immovable property in Nigeria[ii]. However, such
acquisition and ownership of land is regulated by the principal statute for the
administration of land in Nigeria - Land Use Act (LUA) of 1978. All laws
relating to registration of title to or interest in land or transfer of title
or interest are required to comply with the Land Use Act[iii].
By the provision of the said Act, all land in each state of the Federation is
vested in the Governor of that State who is empowered to hold such land in
trust and administer same for the benefit of all Nigerians.[iv]
Aug 17, 2017
Aug 16, 2017
Lawyer's Advice On Why Employer Must Give Reason For Termination Of Employment | Kayode Omosehin
By Legalnaija 8:29 AM
Why Employer must give reason for
termination of employment
From a review of 257 employment cases
decided by Nigeria courts, 17 by Canadian courts and 81 by the English courts,
I have observed that the relationship between an employer and a worker neither
starts nor end with equal bargaining power notwithstanding that it is created
and determined by mutual agreement. The employer will always have an advantage
over the employee. One of the most apparent instances of such inequality of
positions is (or what used to be) the employer’s power to hire and fire a
worker for good, bad or no reason at all. This was so for many in years in
simple employment contract. However, the law is constantly changing to ensure a
greater level of protection for the workers.
Aug 15, 2017
How Pharmacisits Can Lead Charge Against Drug Abuse| Senator Ashafa
By Legalnaija 7:27 AM
It
is no news that Drug Abuse in quite rampant in Nigeria, this is mad epossible because
most of drugs being abused are readily available over the counter to any
willing buyer. Hence, the call by the Senator representing Lagos
East, Senator Gbenga Ashafa on the Association of Community Pharmacist’s, to
lead the charge in the fight against the abuse of over the counter and
prescription pills.
Aug 14, 2017
Wills And Letters Of Administration | Adeolu Adesuyi
Many Nigerians have a misconceived
impression about making Wills. When asked if he/she has a will, their ready
response is usually "do you wish me dead, why do I need a will?".
Such statements are actually proof of ignorance, as preparing a will does not
in any way add or remove a day from anyone's life.
Property Agents get in here
By Legalnaija 7:09 AM
With over 1,400,000 views so far and over
3,000 views daily from professionals all over Nigeria, the Legalnaija Blawg is
the ultimate place to
advertise your properties for rent or sale.
Cost is only 3000 Naira per advert.
Call 09095635314 or mail legalnaija@gmail.com for details
HURRY YOUR CLIENT READS OUR BLAWG
When You Discover You’re Not the Father | Ivie Omoregie
A few months ago I watched a heart
wrenching video of an Igbo man who discovered his only son was not actually his
biological child. After 32 years of being a wonderful and loving father and
relocating the boy’s destiny to England, the boy’s mother calls them to drop
the bombshell. Recently, we have been seeing a lot of news about paternity
testing in Nigeria. There have been many funny memes about it, but anyone who
has actually faced this in reality will tell you that it is not a laughing
matter.
Calculating Compensation for Suspension of Employee| Kayode Omosehin, Esq.
1.
Suspension of employees in a nutshell
An employer’s power to
suspend a worker at any time, during probation or after confirmation, is
without a doubt, whether or not it is expressly stated in an employment
contract. No court of law will deny an employer of this inherent power, if
utilized properly. Suspension is a powerful tool to an end and not an end in
itself. Suspension puts an employment relationship in limbo as the worker lives
in anticipation of either being recalled or laid off. A worker cannot seek
another employment in the course of suspension until the suspension is
converted to termination of employment or dismissal. It is therefore important
for a company to investigate a suspended worker, make its findings and
communicate its decision to the worker. A suspended worker needs to know
whether his service is still required by his employer or has been (technically)
terminated!
VAIDS and the need for effective tax administration in Nigeria | Olajide Olutuyi
As
part of efforts to improve non-oil revenue amid a global outlook of low oil
prices, Nigeria's Acting President, Yemi Osinbajo, recently signed an Executive
Order (EO) on the Voluntary Asset and Income Declaration Scheme (VAIDS). The
main objective of the scheme – which commenced on July 1, 2017 and will last
for a period of nine months – is to help expand the country's tax base.
Aug 8, 2017
Legal Contracts for Service and of Service in Employment Relationships |Micheal Dugeri
By Legalnaija 8:59 AM
Introduction
Contracts of
service and contracts for service both connote an employment relationship
between the parties. However, they differ in their nature and the legal
consequences. Understanding the
difference between both contracts is important for two main reasons, namely,
the nature of each party’s respective obligations, and which court has
jurisdiction in the event of dispute between the parties.
Senate Conducts Overight Of The Lagos – Ibadan Segment Of The Lagos To Kano Railway Modernisation Project
By Legalnaija 8:53 AM
The Joint Senate Committee on Local and
Foreign Debt and Land Transport on Monday, 7th August, 2017
conducted an oversight visit to the Nigerian Railway Corporation Headquarters
and the Project Office of the China Civil Engineering Construction
Corporation CCECC in Ebute Metta, Lagos. The purpose of the visit was to assist
the committee assess the project implementation plan for the recently approved
loan request by the Federal Government from the China Exim Bank for the purpose
of completing various railway rehabilitation/construction projects across the country.
Aug 4, 2017
You can sue for a breach of promise to marry
The Nigerian culture takes marriage really serious;
many young adults consider settling down as quite important and enter
relationships with the intention of spending time with this partner. Such relationships
could include casual flings, having an exclusive dating relationship or even
had led to an engagement with a promise to marry. However, sometimes these
relationships don’t work out and parties stop dating or being friends all
together.
3 things you can do when the police breach your legal rights | Adedunmade Onibokun
By Legalnaija 6:33 AM
That “Police is your friend” or “bail is
free’, a Nigerian will tell you is one of the biggest lies ever told in our
nation. If you doubt me, stop and ask any random person on the road or conduct
a poll. Daily, the news is filled with stories of police officers boldly collecting
bribes, demanding that bail be paid and even unlawfully extorting citizens. This
coming from a police that is employed to protect the citizenry and enforce our
laws is a big blow to democracy and life in Nigeria.