Introduction Leo Okafor once said, “The day you execute an estate planning instrument is the day you sow a seed from which the future and comfort of your loved ones begin to grow and their future become assured. The sooner you plant the seed, the sooner shall the tree grow.” This profound statement underscores the […]

Introduction Nigerian families often face financial strains due to unfavorable economic conditions such as high inflation, unemployment, and fluctuating exchange rates. In this dynamic economic environment, it is crucial for families to develop strategies to endure financial uncertainties and navigate through challenging times. This article explores essential strategies that Nigerian families can employ to enhance

Introduction Mergers and acquisitions (M&A) are strategic business activities with significant legal implications. In Nigeria, the dynamic business environment necessitates a comprehensive understanding of the legal framework governing M&A activities. This article explores the key legal implications of M&A in Nigeria, covering regulatory approvals, antitrust considerations, tax implications, employee rights, and the role of the

Introduction On December 22, 2023, the Central Bank of Nigeria (CBN) took a major regulatory step by introducing new guidelines specifically addressing the operation of bank accounts for entities involved in virtual assets. This move signifies a shift in the regulatory landscape, as Nigerian regulators have historically been cautious about exerting control over digital assets,

Introduction On May 8, 2024, the Corporate Affairs Commission (CAC), led by Registrar-General Hussaini Magaji (SAN), announced a new mandate requiring all Point Of Sales (POS) business operators in Nigeria to register with the CAC. This directive aligns with the Central Bank of Nigeria (CBN) Guidelines for Agent Banking, 2013, and Section 863(1) of the