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Many misinformed opinions going round in the new tax laws. Please let’s take a breather, seek legal and financial opinio...
14/12/2025

Many misinformed opinions going round in the new tax laws. Please let’s take a breather, seek legal and financial opinions from experts before following wrong information blindly. Happy Sunday

Happy Independence Day to all Nigerians home and abroad 🙏🏽
01/10/2025

Happy Independence Day to all Nigerians home and abroad 🙏🏽

IS A “NO REFUND” POLICY LEGAL IN NIGERIA?Under the Federal Competition and Consumer Protection Act (FCCPA), a general “N...
24/09/2025

IS A “NO REFUND” POLICY LEGAL IN NIGERIA?

Under the Federal Competition and Consumer Protection Act (FCCPA), a general “No Refund” policy is unlawful in Nigeria as it infringes on consumers’ statutory rights.

The FCCPA prohibits businesses from inserting clauses or adopting practices that unfairly limit or exclude a consumer’s right to a refund for defective, fake, unsafe, or misrepresented goods, as well as for services not rendered in line with agreed terms.

Accordingly, consumers are entitled to a full refund where:
• Goods are defective, unsafe, fake, or unsuitable for the intended purpose; or
• Services are not provided as promised, within the agreed time, or to the expected standard.

For further reading on consumers’ rights, see Sections 114 to 133 of the Federal Competition and Consumer Protection Act (FCCPA) 2018

05/09/2025
Happy new month. We wish you a wonderful month ahead 🙏🏽
01/09/2025

Happy new month. We wish you a wonderful month ahead 🙏🏽

Start smart, start strong. Prevent issues that could sink the business in the future.
30/08/2025

Start smart, start strong. Prevent issues that could sink the business in the future.

Can I Buy Property in my Child’s Name?NO, if your child is under 21 years. Section 7 of the Land Use Act provides that “...
21/08/2025

Can I Buy Property in my Child’s Name?
NO, if your child is under 21 years. Section 7 of the Land Use Act provides that “It shall not be lawful for the Governor to grant a statutory right of occupancy or consent to the assignment or subletting of a statutory right of occupancy to a person under the age of twenty-one years; Provided that:
(a) Where a guardian or trustee for a person under the age of 21 has been duly appointed for such purpose the Governor may grant or consent to the assignment or subletting of a statutory right of occupancy to such guardian or trustee on behalf of such person under age;
(b) a person under the age of twenty-one years upon whom a statutory right of occupancy devolves on the
death of the holder shall have the same liabilities and obligations under and in respect of his right of
occupancy”
From the above, a child under the age of 21 cannot legally hold property in their own name except through a guardian, a trustee or through inheritance.

Need advice on recommended legal alternatives to the above position of the law? Our DM is a click away.

Your compliance expert is a dm away. Click the contact button on our profile.
20/08/2025

Your compliance expert is a dm away. Click the contact button on our profile.

Major Differences between a business name and a limited liability company 1. While a business name enjoys the same legal...
14/08/2025

Major Differences between a business name and a limited liability company

1. While a business name enjoys the same legal status as the proprietor, a limited liability company has a separate legal status of its own. It is a legal entity on its own and can sue and be sued.
2. The proprietor is personally responsible for all debts and obligations of the business name, while the shares holders personal assets are protected and are not personally responsible for the company’s debts in most cases.
3. Business names are cheaper to register and can only be used for one or two businesses while a liability liability company is more expensive to incorporate, depending on the number of shares and they can have many objects( natures of business)
4. A business name can own property in the name of the proprietor while a limited liability company can own and sell properties in the company’s name.
Thinking of incorporating an entity? Feel free to come to our dm for further clarifications.
https://wa.me/message/YOSB3YKEHL2GG1

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Did you know?If your company is struck off the CAC register for failing to file annual returns, restoring it requires an...
07/08/2025

Did you know?
If your company is struck off the CAC register for failing to file annual returns, restoring it requires an order from the Federal High Court; but only after all outstanding returns have been filed.

This legal process alone can cost upwards of ₦350,000, depending on the law firm involved.

Why incur avoidable expenses and risk disruptions to your business?

Stay compliant. File your annual returns on time.
Let us handle your compliance needs with ease and professionalism.

Did you know?If your company is struck off the CAC register for failing to file annual returns, restoring it requires an...
06/08/2025

Did you know?
If your company is struck off the CAC register for failing to file annual returns, restoring it requires an order from the Federal High Court; but only after all outstanding returns have been filed.

This legal process alone can cost upwards of ₦350,000, depending on the law firm involved.

Why incur avoidable expenses and risk disruptions to your business?

Stay compliant. File your annual returns on time.
https://wa.me/message/YOSB3YKEHL2GG1

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Upward review of   fees takes effect from 1st August 2025z
25/06/2025

Upward review of fees takes effect from 1st August 2025z

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