₦airaland Forum

It was Myles Munroe that said “The greatest enemy of your potential is your last success. Never trust what you have achieved!”
Undoubtedly, there is a sense of satisfaction that comes from accomplishing our goals and meeting targets, however there also is a risk of indulging the feeling so long that it prevents us from attaining higher feats. It has been said that success is progressive and not static, hence the need to keep moving, stretching ourselves and discovering all that we can be.
We wish that in the week you are sincerely grateful for previous accomplishment but still strive to do more and surpass your limits.
Our entire team wishes you the most productive week ahead.
Visit our website at www.businesslegal.ng and our social media platforms for our services inclusive of company registrations, trademarks, Patent and designs, ITF, NSITF, PENCOM, BPP, CMD and Tax Clearance Certifications, brand management and website development.

"If you cannot do great things, do small things in a great way" - Napoleon Hill

This is a new week and the entire Business Legal team wishes you have the most productive days ahead.

The magnitude of big tasks can be nerve-racking at times so its important to start small; one stride at a time, maintaining quality always.

We remain your one stop shop for all your business support needs inclusive of business and trademark registrations, ITF, PENCOM, NSITF, BPP, SON... Visit our website at www.businesslegal.ng or send us a direct message today!

Legal personality means being recognized by law as possessing legal rights and duties within a certain legal system. Such persons or entities have the capacity to enter contracts, sue and be sued and transact with others.

Entities such as incorporated companies, trade unions, partnerships and friendly societies are cloaked with the garment of legal personality. This legal personality is attained upon registration and for such entities, the most reliable and dependable way legal personality can be proved is by the certificate of incorporation.

We offer business, company and Incorporated trustee registration for discounted costs at no hassle to you.

*Visit our website at www.businesslegal.ng for your registration needs or send us a direct message today!*

BPP stands for Burea of Public Procurement. The Burea is a regulatory body responsible for monitoring the public procurement of goods, services or constructions in Nigeria.

Procurement in this sense has to do with finding and acquiring goods, services and other works from external sources usually by a competitive process.

Contractors intending to apply for government contracts are required to possess the BPP certificate, among others.

Thank you Krestor Nig Ltd for trusting us with your BPP needs.

Reach out to us today at www.businesslegal.ng for our contractor package, inclusive of Tax, Pencom, BPP, ITF, etc

It was Ray Dalio that said “Never rule out a goal because you think it is unattainable. Be audacious”

He further stated that there is always a possible path in every situation; we only have to find it with courage and tenacity. Audacity connotes a willingness to take bold and courageous steps despite all odds.

We hope that you are audacious this week and that you set goals you yearn to achieve regardless of the foreseeable hurdles along the way. More importantly, we hope you boldly pursue those goals and see them achieved.

The entire Business Legal team wishes you an exciting and productive week ahead!

Contact us at website at www.businesslegal.ng and our social media platforms for more information and services inclusive of company registrations, trademarks, Patent and designs, ITF, NSITF, PENCOM, BPP, CMD and Tax Clearance Certifications, brand management and website development

Complimentary cards also called business cards have always been a vital part of brand projection. In this age of largely virtual interactions, are physical cards still necessary?

We say Yes! And here's some reasons why;

1. It gives a personal touch and leaves a longer lasting impression.

2. The details and designs on the card give a quick first impression about your brand.

3. It still remains a vital marketing tool.

4. It communicates intentionality, preparedness and professionalism.

For your branding and business projections needs, visit our website at www.businesslegal.ng.

Another certificate delivered to a happy client.

Companies are registered with share capital. This is a 10million naira share capital company, we just delivered to Vatebo Ltd CEO.

Company shares are units of bundle of interest and liability a shareholder has in the company, measured to the equivalent in sum of money. While most companies register with 1million share capital, there are minimum authorized share capital for certain businesses. E.g Micro finance bank (State & FCT) 100million shares, Lottery 5million shares. S.27(2) of CAMA 2020 has changed this to minimum issued Share capital. We shall be discussing this another day.

Thank you Vatebo Limited for trusting us to register your company.

For company registration, trademark, copyright, PENCOM, ITF, NSITF, BPP, CMD, TCC, SON, NAFDAC, SEC, and more please visit www.businesslegal.ng and click on the WhatsApp to chat with us.

Cheque are commonly used to facilitate bank transactions like withdrawals. But do you know that in law cheques serve two major purposes?
A document evidencing a particular transaction
A medium of payment
In cases where a particular transaction between two parties is to be proven, the cheque can be used as an evidence of the transaction between the parties. Also, when a cheque is issued to the drawee by the drawer, there is a financial obligation created, such that when the cheque is presented at the bank, it changes into physical cash for the drawee. That obligation is breached when the cheque is dishonored.
Contact us at website at www.businesslegal.ng and our social media platforms for more information and services inclusive of company registrations, trademarks, Patent and designs, ITF, NSITF, PENCOM, BPP, CMD and Tax Clearance Certifications, brand management and website development.

Deji, Biola’s friend of 8 years has agreed to advance him a loan of N10million for his business, to be repaid in a year with an additional interest of 30%.
These types of agreement are commonplace in our society, but do you know that they can be illegal!
Yes! The law is that only designated money lenders can advance money to borrowers to recover both the principal sum and any interest accrued. Any other person, not licensed as a designated money lender can only be entitled to monies had and received at best. Moneylenders are licensed by the relevant government authority by Money Lender Licenses and their operations are regulated by the Money Lending Law of the various states in Nigeria.
Deji will therefore only have a chance of a legal remedy in cases of default if he possesses a valid License, otherwise the contract is illegal and unenforceable.
Reach out to us today for your drafting and document reviews. Send us a message or visit our website at www.businesslegal.ng.

By Section 3 of the Arbitration and Conciliation Act, the first step in commencing an arbitral process is the notice of arbitration. The law expressly states that the party initiating recourse to arbitration shall give a notice of arbitration to the other party. In law, ‘shall’ connotes a mandatory act. Courts have consistently reiterated that the notice of arbitration being akin to a pre-action notice is a vital step that should be first complied with. Proceedings are deemed to have commenced the day the notice is received by the other party. The standard notice includes:
The name and address of parties
The demand for the reference of the dispute to an arbitral tribunal
A reference to the Arbitral clause in the contract
General claims including monies claimed
A proposed number of arbitrators
For more information and questions, comment below or visit our website at www.businesslegal.ng to chat with a member of the team.

Arbitrability simply considers whether or not a dispute can be resolved by arbitration. If the dispute is not Arbitrable, the arbitral tribunal is limited in its jurisdiction and the claim must instead be submitted to domestic courts.
The Arbitration and Conciliation Act doesn’t list issues that are not Arbitrable but there is a general limitation on issues which affect the legal status of persons. Disputes relating to crimes, interpretation of statues or the Constitution and issues specifically reserved for the sphere of domestic Courts under the national laws (e.g. political and economic issues) are generally non-Arbitrable.
Contact us at website at www.businesslegal.ng and our social media platforms for more legal information and other legal services inclusive of company registrations, trademarks, Patent and designs, ITF, NSITF, PENCOM, BPP, CMD and Tax Clearance Certifications, brand management and website development

Over the years, Arbitration seems to have piqued the interest of many contracting parties above other dispute resolution mechanisms particularly because of its close semblance to the formal Court system albeit still maintaining the allure of flexibility and party autonomy.
The legal jurisprudence on arbitration in Nigeria is the Arbitration and Conciliation Act as well as plethora of case law on the subject. In contracts, dispute resolution clauses wherein parties agree to the submission of their disputes to arbitration are referred to as the Scott v. Avery Clause. The term was coined from the 1856 English case of Scott v. Avery. It should be noted that Arbitral clauses do not in themselves completely oust the jurisdiction of Courts but form a condition precedent to activating the jurisdiction of any court over the dispute, expect in cases of waivers.
Business Legal comprises competent professionals readily available to proving up to date information, advice and business support for your businesses. For enquires, visit our website at www.businesslegal.ng

Did you know that March has not always been the third month in the year?
It was originally the first month in the early versions of the ancient Roman calendar because the month coincided with the beginning of spring. March was considered to be a month of new beginnings.
The months of January and February did not feature in the earlier versions of the Roman calendar, but were added to the year around 700 BCE and became the first months of the year around 450 BCE, pushing March to its current position.
The entire Business Legal team wishes you an exciting and productive month ahead!
Visit our website at www.businesslegal.ng to view our services.

Chapter IV of the Constitution of the Federal Republic of Nigeria copiously sets out the fundamental rights donated to every citizen. These rights span from the right to life, speech, association to liberty, etc.
The Fundamental Human Right Enforcement Procedure Rules (FREP) allows persons to enforce their human rights through the court not only when such right is breached but even when reasonably perceived to be about to be breached.
The rules also allow public interest litigation, where a party not directly affected by a breach can sue in the stead of the actual person whose right was breached, in the interest of justice.
The suit is commenced in the Federal High Court or High Court of the State where the infringement occurred, by any originating process.
Note that there is no restriction on the time frame to bring fundamental rights suits.
Contact us at www.businesslegal.ng for more info

Logos are a huge part of brand identity. They are not merely decorative but they give a distinctive and memorable image to your business. They create a perception in the minds of your potential clients about your business, the quality and the expected experience to be had.
A typical example of this is the Nike logo. It speaks of uniqueness, simplicity, professionalism and quality.
An investment in a good logo design is never a wasted cost. A poorly designed logo adversely affects your brand and will ultimately cast aspersions in the minds of your customers about your ability to deliver in comparison with your competitors.
Reach out to us today for your standard and unique branding services, among others, for an affordable cost. Visit our website at www.businesslegal.ng or send us a direct message today!

The Business Legal team is offering its awesome clients the ‘Contractor package’.
At discounted and an affordable cost, we assist intending contractors procure their PENCOM, ITF, NSITF, BPP and Tax Clearance Certificate. We will ensure that you are ready to take advantage of every opportunity that presents.
Join our growing list of happy customers today!
Send us a message today or visit our website at www.businesslegal.ng

Experience our efficient business registration service at most affordable prices you can trust.

Our discounted offers

NGO Registration N100,000

Company Registration N50,000

Business Name N23,000

Trademark N60,000

Patent N65,000

Copyright 60,000

Order now. Visit www.businesslegal.ng or WhatsApp us on (BL number)

Join our growing list of happy customers. Thank you Caataco Designs Ltd.

We have a traceable address at: No 29, 1st Avenue, Kado Estate, Abuja,

We are here to serve you well. #businessregistration
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On the 19th of January, 2019, the Corporate Affairs Commission via its twitter page announced the option of obtaining same day services for post incorporation. The effect of this is that post incorporation fillings, searches and other services can be applied for and gotten the same day, although with an additional cost. This is also reflected on the CAC official website and is pursuant to Regulation 7 of the Company Regulation, 2021.
The regulation states that the Commission’s Same-Day post-incorporation/registration service shall be available subject to the following –
(1) Receipt of the complete and competent application for the service not later than 1:00pm same day;
(2) Confirmation of payment of the applicable fee for the service not later than 1:00pm same day.
(3) Same-Day post-incorporation/registration service shall not apply to applications that would require inputs from any authority or organization at the instance of the Commission.
Business Legal comprises competent professionals readily available to proving up to date legal information, advice and business support for your businesses. For enquires, visit our website at www.businesslegal.ng