The legal responsibilities of starting a business in Nigeria
A lot of people aspire to start their own business. They dream of being a boss and earning their own money. However, making it in today’s commercial market is not easy, it requires planning to get it right. Planning could include, developing a strong business plan, making key financial decisions, […]
THE JUNE 30TH 2020 DEADLINE FOR ALLOTTING THE UNISSUED SHARES IN THE SHARE CAPITAL OF A COMPANY – UPDATED
Since the coming into force of the Companies and Allied Matters Act, 2020 (CAMA 2020), it has been in the public domain that companies can no longer reserve or leave some of the shares in their share capital unallotted. This practice of unallotted or to be précised unissued share capital […]
How the new CAMA 2020 affects your company
SAME-DAY POST INCORPORATION The Corporate Affairs Commission has made it possible for changes being made to company information to be processed and delivered the same day. Companies can now officially fast-tracked any changes submitted at the commission through their solicitors. For instance, when appointing a new Director, new shareholders, new […]