Over the past few years, many complex concepts like data science, artificial intelligence and cryptocurrency have received wide fame. A lot of industries have understood the brilliance and usability of these concepts and have started incorporating them.
In Nigeria, the best place to register a trademark is with a trademark agent, who are essentially lawyers. The Firma Advisory has two offices in Nigeria, an office in Lagos and one in Abuja.
In Nigeria, the oil and gas industry is a major source of income. Anyone wishing to start a Nigerian oil and gas business must meet specific statutory obligations. In this reading, the procedure to establish an oil and gas business in Abuja, Lagos, Bayelsa, Port Harcourt, and other oil states in Nigeria
By Chinenye Uwanaka BL, LLB, ACI.Arb (U.K), IPP (Harvard), Nathaniel Ojobo BL, LLB, ACI.Arb (U.K) and Sandra Chude B.sc, LLB, BL, LLM
1. DEFINITION OF THE CONCEPT
Impact investing is the allocation of assets (in the form of investments) into companies or organizations with the aim of bringing about positive social or environmental impact while also anticipating profit from such investments. Impact investment challenges the long-held view that social and environmental issues should be addressed only by philanthropic donations and that market investments should focus exclusively on achieving financial returns.
The strategy actively seeks to make a positive impact by investing, for example, in nonprofits that benefit the community or in clean-technology enterprises that benefit the environment. Impact investing can create significant value for investors and society as a whole. Impact investing attracts individuals as well as institutional investors including hedge funds, private foundations, banks, pension funds, and other fund managers.
The discovery of Oil is the best thing to have happened to Nigeria since Jollof Rice, this is a fact known to every Tom, Dick, and Harry on the streets of Nigeria. However, all that glitters isn’t gold, it wouldn’t be wrong to also say that the discovery of oil is the worst thing to have happened to Lord Lugard’s Nigeria as evidenced by our over-reliance on it. Crude oil accounts for 90% of Nigeria’s export earnings, since the oil boom of the 1970s
In Nigeria, the oil and gas industry is a major source of income. Anyone wishing to start a Nigerian oil and gas business must meet specific statutory obligations. In this reading, the procedure to establish an oil and gas business in Abuja, Lagos, Bayelsa, Port Harcourt, and other oil states in Nigeria
By Chinenye Uwanaka BL, LLB, ACI.Arb (U.K), IPP (Harvard), Nathaniel Ojobo BL, LLB, ACI.Arb (U.K) and Sandra Chude B.sc, LLB, BL, LLM
1. DEFINITION OF THE CONCEPT
Impact investing is the allocation of assets (in the form of investments) into companies or organizations with the aim of bringing about positive social or environmental impact while also anticipating profit from such investments. Impact investment challenges the long-held view that social and environmental issues should be addressed only by philanthropic donations and that market investments should focus exclusively on achieving financial returns.
The strategy actively seeks to make a positive impact by investing, for example, in nonprofits that benefit the community or in clean-technology enterprises that benefit the environment. Impact investing can create significant value for investors and society as a whole. Impact investing attracts individuals as well as institutional investors including hedge funds, private foundations, banks, pension funds, and other fund managers.
As the world struggles to deal with the continued spread of the COVID-19 pandemic, individuals and business entities, aside battling for sustenance, have also been faced with the challenge of keeping to their contractual obligations in the face of the pandemic. This is so as virtually all the countries of the world that have been hit by the pandemic have grounded operations in terms of movement within and out of their respective jurisdictions in order to curb the spread of the virus as the mortality rate keeps increasing by the day. Consequently, parties to contracts are forced to avoid or at least postpone the execution of their various contractual obligations.
Generally, a gift is a voluntary transfer of property to another without compensation. This is achieved through the instrument of a deed of gift. A deed of gift is a gratuitous arrangement that voluntary transfers and delivers the legal ownership, with the physical control over an existing real or personal property, by its owner (‘the Donor’) to another person (‘the Donee’) without any compensation, consideration or payment emanating from the Donee to the Donor, for the gift.
Nigeria has been described as a gas province with some quantum of oil in it by several industry experts and analysts. The reason for this assertion is that while the country's proven oil reserve is about 37.2 billion barrels, her proven natural gas reserve stands at approximately 201 trillion standard cubic feet (tscf), according to statistics from the Department of Petroleum Resources (DPR).
In line with today's era of digitalisation of systems and governance, the Department of Petroleum Resources (DPR) is set to commence the full digitalisation of 2,616 oil producing wells in Nigeria. This was made known during its recent workshop on Thursday, 18th July, 2019 for oil and gas operator's compliance officers in Lagos.
Introduction
Ignorance, they say, is the mother of all evils. And true to the above, many Farmers in Nigeria have suffered and are suffering huge losses of their crops and animals due to several issues - ranging from natural disaster to man-made errors - without any form of compensation made to them and to which they could fall back to for support. Usually, this is because Farmers are unaware of the fact that they could have ameliorated their plight by subscribing to a national agricultural insurance policy in existence.
Assent refers to the expression of approval, agreement or permission; especially nonverbal conduct reasonably interpreted as willingness. Assent is signified by means of a signature, mark or other symbol with the intent to authenticate it as an act or agreement of the person identifying it. A signature is the formal indication of agreement with its content.
On 20th May, 2019, the National Insurance Commission (the Commission) in line with its statutory duty of ensuring the effective administration, supervision, regulation and control of insurance business and increasing the minimum paid-up share capital for the various categories of Insurance businesses in Nigeria from time to time (See section 6 of the NAICOM Act and section 6 (4) of the Insurance Act respectively) issued a circular thereby, increasing the minimum paid-up share capital for Insurance and Re-Insurance Companies in Nigeria (though exempting Takaful operators and Micro-Insurance companies from the regulation which respectively cater for the insurance needs of Sharia-compliant and low-income segments of the market).
The incidence of environmental pollution through the inappropriate disposal of plastic bags and its attendant consequences to the environment and human life cannot be over-emphasized.
Research has shown that a single plastic bag could take up to at least a hundred years to at most a thousand years to fully degrade or get decomposed. The effects of this becomes that they get stuck in the soil, thus releasing toxic chemical substances (phythalate acid) that deteriorate the soil’s quality.
