HighTower Lawyers

Recent News March 6, 2017

DOING BUSINESS IN NIGERIA: HOW FOREIGNERS CAN SET UP BUSINESSES IN NIGERIA.

Nigeria is ever-ready to welcome foreigners to its shores, for business. There are many foreign controlled/owned businesses contributing to her prosperity. An important step which precedes a foreigner’s ability to do business in Nigeria is setting up a viable business structure. This text describes how a foreigner can register a company in Nigeria. According to Section 54, The […]

Recent News February 20, 2017

DESERTION: WHEN A SPOUSE ABANDONS MARRIAGE AFTER THE WEDDING.

Pixabay.com| This is not legal advice. This piece only seeks to educate and promote a healthy conversation. In Nigeria, there is only one ground for divorce. This is when a marriage has broken down irretrievably. Instances that lead to this include cruelty, adultery, and desertion for at least one year. Newly weds(and old couples) have […]

Uncategorized February 14, 2017

DOING BUSINESS IN NIGERIA: DEALING WITH INCIDENTS OF FRAUD.

In business, there’s always a risk of being swindled, even when dealing with supposed ‘partners’, agents, distributors, vendors or contractors. Some protection is afforded entrepreneurs, businesses, and businessmen within our laws. Several law enforcement agencies in Nigeria also do a fine job of administering these laws. What fraud looks like? Fraud comes in different forms […]

Uncategorized February 6, 2017

ESSENTIALS OF A CONTRACT OF SALE.

A Contract of Sale is an agreement for the exchange of goods, services, or property, between the seller and the buyer, for a promised or paid value, usually money. For there to be a valid contract of sale, all these essential elements must be present. They include: – Two parties in the transaction (the buyer […]

Recent News February 2, 2017

HOW TO CONDUCT A SALE OF FAMILY PROPERTY.

Unlike real assets owned by individuals, family property (land and houses) is for the use and enjoyment of the members of a family as one unit. Thus, one member cannot single-handedly sell such property. Therefore, for sale of family property to enjoy validity under Nigerian law, there must be the full payment of purchase price, coupled with actual delivery of possession (this delivery should be done in […]

Recent News January 27, 2017

THE IMPORTANCE OF AGENTS IN COMMERCIAL TRANSACTIONS.

An agent is one who has express (oral or written) or implied authority to act for another (the principal) so as to bring the principal into contractual relationships with other parties. He is under the control (is obligated to) the principal, and (when acting within the scope of authority delegated by the principal) binds the […]

Recent News January 25, 2017

DOING BUSINESS IN NIGERIA: SOLE PROPRIETORSHIP OR SOLE TRADING.

This text explains two similar and popular vehicles for conducting business in Nigeria. They are subscribed to by the ‘not-so-sophisticated’ entrepreneur who runs a small business. Sole proprietorship or sole trading is the primordial and simplest form of business association known to man. A ‘sole proprietorship’ and a ‘sole trader’ are two distinct phrases often used interchangeably […]

Recent News January 23, 2017

THE BENEFITS OF MAKING A WILL.

“To mitigate complications and aid in the procedure of devolution of assets after death, a ‘will’ has to be well planned and drafted.” ― Henrietta Newton Martin Dear reader, are you alarmed by the notion of devising a will? You need not fear. Having a will only demonstrates you want more control of how your earthly […]

General January 18, 2017

THE IMPORTANCE OF PERFECTION OF TITLE IN LAND TRANSACTIONS IN LAGOS STATE.

The process of transfer of title to land from seller to the buyer, or the creation of an interest in land necessarily involves series of meetings, negotiations, due diligence and payment of purchase price. Ultimately, title is transferred or interest created through the issuance of a receipt and/or execution of a deed of assignment, lease […]

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