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Recent News From Fred-Young & Evans LP

  • 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...

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  • Procedure for Obtaining Banking Licence and Prospects in Banking Business in Nigeria

    Procedure for Obtaining Banking Licence and Prospects in Banking Business in Nigeria

    Published: 08 Jan 2018

    Laws and Regulations The key legislations include; Companies and Allied Matters Act (“CAMA”) – Banks operating in Nigeria are corporate bodies which must be incorporated as a company in compliance with the requirements of CAMA. The Banks and Other Financial Institutions Act (“BOFIA”) prescribes that all Banks must possess a valid license issued under BOFIA to carry on banking business in Ni...

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  • Common Disputes And Essential Provisions In A Construction Contract In Nigeria

    Common Disputes And Essential Provisions In A Construction Contract In Nigeria

    Published: 13 Dec 2017

    A Construction Contract ("the Contract") like every other contract spells out the terms upon which the parties bind themselves before, during and after a construction work ("the work"). For the work to meet the expectation of the Employer and for the Contractor to satisfactorily deliver the work, certain provisions must be included in the Contract to define the positions of the...

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  • An Appraisal Of Business Potentials And Legal Framework In Nigeria's Solid Minerals Sector

    An Appraisal Of Business Potentials And Legal Framework In Nigeria's Solid Minerals Sector

    Published: 05 Dec 2017

    Nigeria is richly endowed with a variety of solid minerals of various categories varying from precious metals to stones and also industrial minerals. Much of these minerals are yet to be exploited. Statistically, the level of exploitation of these minerals is very low in relation to the extent of deposits found in the country. Recent policy reforms have brought the solid minerals sector to the for...

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