The doctrine of ultra vires in corporate law has long been a cornerstone of company law, influencing the scope and operations of corporations. The term “ultra vires” derives from Latin, meaning “beyond the powers.” In corporate law, it refers to acts carried out by a company that are beyond its legal capacity as defined in … Read more
Corporate governance plays a pivotal role in ensuring the success and longevity of business entities. Among the various instruments available for governing corporate relationships, shareholders’ agreements stand out as a critical tool for fostering stability, transparency, and alignment among stakeholders. This article examines the role of shareholders’ agreements in corporate stability, drawing on statutory and … Read more
Defamation, a key concept in Nigerian law, continues to generate significant interest among legal practitioners, academics, and the public. Understanding what constitutes defamation is crucial, especially in an era dominated by social media and the rapid dissemination of information. This article examines the distinction between truth and opinion within the context of defamation, referencing statutory … Read more
In October 2012, Nigeria was shaken by the horrific lynching of four university students in the Aluu community of Rivers State. In this story which serves as a reminder of the dangers of jungle justice in Nigeria, Ugonna Obuzor, Tekena Elkanah, Lloyd Toku, and Chiadika Biringa—students of the University of Port Harcourt—were brutally killed by … Read more
Cybercrime is a growing menace in Nigeria, as in many other parts of the world, fueled by the expansion of digital infrastructure and the increasing reliance on internet services for everyday transactions. From financial fraud to cyber espionage, Nigeria faces a variety of cyber threats that have severe implications for both the country’s economy and … Read more
Cybercrime has become a significant threat in Nigeria, as it has in many other nations. From online fraud to identity theft and hacking, cybercriminals have increasingly exploited the country’s growing reliance on digital platforms. The Nigerian government, recognizing the need for legislative measures to combat these crimes, enacted the Cybercrimes (Prohibition, Prevention, Etc.) Act in … Read more
Human trafficking is a grave violation of human rights that affects millions of people worldwide. In Nigeria, the issue has become one of the most pervasive and insidious crimes, where individuals, especially women and children, are trafficked for purposes including forced labor, sexual exploitation, and organ harvesting. This article delves into the definition of human … Read more
Workplace harassment is an increasingly significant issue in Nigeria, where legal frameworks are evolving to provide protection for employees and impose obligations on employers. Harassment in the workplace can include unwelcome advances, offensive remarks, discriminatory practices, and hostile work environments. Under Nigerian law, employers are required to maintain a safe and harassment-free workplace, and employees … Read more
In today’s digital economy, the reliance on electronic payment systems has expanded significantly. Payment gateway companies play a vital role by acting as intermediaries in financial transactions and facilitating the transfer of funds between customers and merchants. The agency relationship in relation to payment gateway companies has, therefore, become a key legal concept that governs … Read more
Bankruptcy and insolvency are critical components of commercial law, aimed at regulating the financial collapse of individuals and corporations. In Nigeria, Bankruptcy and Insolvency Law encompasses both statutory and judicial frameworks that deal with financial distress, providing mechanisms to either rehabilitate debtors or liquidate assets for creditor reimbursement. This article provides a detailed exploration of … Read more