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  • Procedure For Recognition And Enforcement Of Arbitral Awards In Nigeria

    Procedure For Recognition And Enforcement Of Arbitral Awards In Nigeria

    Published: 03 Apr 2018

    (a) Under the provisions of the Arbitration and Conciliation Act, CAP A18, LFN, 2004 ("the Arbitration Act") Section 51 of the Arbitration Act provides a unified legal framework for recognition and enforcement of arbitral awards of both local and foreign arbitral awards thus; (1) "An arbitral award shall, irrespective of the country in which it is made, be recognized as binding ...

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  • The Effect Of Nigeria's Recent Recession On Corporate Practice

    The Effect Of Nigeria's Recent Recession On Corporate Practice

    Published: 26 Mar 2018

    1. What impact has the 2016-2017 recession in Nigeria had on the corporate sector? During the period, the high cost of foreign exchange, high cost of energy led to high cost of production and reduced competiveness. Consequently, the operations of some companies were shut down. In order to survive, many companies reduced production by close to 50 percent, declared some employees redundant and sla...

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  • Local Content Participation in Nigeria

    Local Content Participation in Nigeria

    Published: 23 Feb 2018

    Despite the pressure of globalization, the Nigerian Government is responsible of ensuring that businesses in Nigeria remain competitive. This informed the need for the Government to put in place frameworks to enhance the ability of local companies to exploit local opportunities while staying competitive globally. This is the essence of local content legislations in some sectors. The local content ...

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  • Impact of Nigeria’s Legislations and Business Practices on Foreign Investments

    Impact of Nigeria’s Legislations and Business Practices on Foreign Investments

    Published: 15 Feb 2018

    Our book titled “Impact of Nigeria’s Legislations and Business Practices on Foreign Investments” is out on www.morebooks.com. The book introduces expatriates to the business climate in Nigeria and the regulatory framework for carrying on business in Nigeria. The book is set out to give expatriates and foreign businesses a good grasp of what to expect in doing business in Nigeria. We have explor...

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  • The Role of Legislations and the Courts in protecting Foreign Investments in Nigeria

    The Role of Legislations and the Courts in protecting Foreign Investments in Nigeria

    Published: 12 Feb 2018

    Under Section 6 (6) of the 1999 Nigerian Constitution, Nigerian legislations and powers of the courts extend to all matters between persons or between government and any person in Nigeria, and to all actions and proceedings for the determination of any question as to the civil rights and obligations of that person. This means a foreigner or foreign business may invoke the provisions of Nigerian le...

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  • Essential Provisions Of A Hangar Agreement In Nigeria's Aviation Sector

    Essential Provisions Of A Hangar Agreement In Nigeria's Aviation Sector

    Published: 30 Jan 2018

    Aircraft Hangar is traced to Wright Brothers who stored and repaired their aircraft in a wooden Hangar constructed at Kill Devil Hills in North Carolina in 1902. In modern times, aircraft Hangar is a large building with an extensive floor area for housing or maintenance of aircrafts. Hangar Agreement is a binding document between an aviation authority who has title and beneficial right over land u...

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  • The Rise Of Alternative Resolution Mechanisms In Nigeria

    The Rise Of Alternative Resolution Mechanisms In Nigeria

    Published: 18 Jan 2018

    In the course of business, it is inevitable that disputes will arise occasionally among business associates. While commercial disputes are common, the way they are handled can have a profound impact on the profitability, viability and survival of the business. It is true that full blown disputes are always bad news for a business venture as they can lead to poor performance, scare investors, produ...

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  • The Rise Of Alternative Resolution Mechanisms In Nigeria

    The Rise Of Alternative Resolution Mechanisms In Nigeria

    Published: 18 Jan 2018

    In the course of business, it is inevitable that disputes will arise occasionally among business associates. While commercial disputes are common, the way they are handled can have a profound impact on the profitability, viability and survival of the business. It is true that full blown disputes are always bad news for a business venture as they can lead to poor performance, scare investors, produ...

    Read More

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