The Federal Inland Revenue Service (FIRS) is a crucial institution in Nigeria’s fiscal landscape, responsible for the assessment, collection, and accounting of taxes. As an essential arm of the government, FIRS ensures the generation of revenue necessary for national development and economic stability. This article delves into the legal duties of the FIRS, exploring its … Read more
The real estate market in Nigeria presents lucrative opportunities for investors, developers, and private individuals looking to buy or sell property. However, the process of selling real property in Nigeria is complex and requires careful navigation through a myriad of legal requirements and procedures. These legal considerations in the sale of real property are crucial … Read more
The Law of Agency governs the relationship between a principal and an agent, where the agent is authorized to act on behalf of the principal to create legal relations with third parties. Within this legal framework, the agent’s duties are critical to maintaining the trust and effectiveness of the principal-agent relationship. This article explores the … Read more
The judiciary in Nigeria plays a critical role in ensuring the rule of law, upholding justice, and maintaining the balance of power among the branches of government. As the third arm of government, alongside the executive and the legislature, the judiciary’s functions are vital for the stability and integrity of the Nigerian state. This article … Read more
Nigeria’s oil and gas sector is a critical component of its economy, contributing significantly to government revenues, export earnings, and overall economic activity. However, the industry faces numerous challenges, including ageing infrastructure, environmental concerns, regulatory hurdles, and the need for improved efficiency and sustainability. Technology transfer plays a pivotal role in addressing these challenges by … Read more
The oil and gas sector is the backbone of Nigeria’s economy, and the development of joint ventures (JVs) has played a critical role in its growth. The history of JVs in Nigeria’s oil and gas industry is marked by significant milestones, regulatory shifts, and economic transformations. Understanding the history of joint ventures in Nigeria provides … Read more
Divorce is a significant legal process that marks the dissolution of a marriage. In Nigeria, the procedure and grounds for divorce are governed by the Matrimonial Causes Act of 1970. This article provides a detailed guide on how to file for a divorce in Nigeria, including the grounds upon which a divorce can be granted. … Read more
The case of Raffles v Wichelhaus (1864) 2 Hurl & C 906 stands as a cornerstone in contract law, particularly in relation to the doctrine of mutual mistake. This case is often cited to illustrate how ambiguities in contractual terms can lead to a voidable contract when there is no consensus ad idem (meeting of … Read more
The time required to build an app for a retail enterprise varies considerably based mostly on the app’s complexity and options. One of essentially the most crucial the cause why every retailer needs to go for retail app improvement solutions is brand publicity and client consciousness. It may be thought of one of the prime … Read more
Privity of contract is a fundamental principle in contract law that dictates that only the parties directly involved in a contract have the rights to enforce the contract’s terms or be bound by them. This principle maintains the sanctity and clarity of contractual agreements by ensuring that only those who have consented to the contract … Read more