WHO DIRECTS THE BUSINESS OF THE COMPANY? By Godwin Amadi Esq

A company is a legal person in the eyes of the law. It must act through human agents elected by the shareholders, appointed by the directors, or hired by the officers. No shareholder, not even one who owns 99% of the shares, can act for the company or bind it by contract merely because of […]

WHAT MEETINGS MUST YOUR COMPANY HOLD? By Godwin Amadi Esq

Meaning of ‘Meeting’ The Companies and Allied Matters Act (“CAMA”) does not define the word ‘meeting’. In its ordinary sense, meeting means coming together of two or more persons face to face so as to be in other’s company. For there to be a meeting, everyone participating in the meeting must be in the same […]

TDD 005: BUYING LAND IN NIGERIA

This is the continuation of a series to show the things to watch out for in day to day transactions, it is meant for non-professional readers, hence the use of layman’s language and some pidgin. Type #TDD in the search portal to get the previous ones. So if you are interested in Victoria Island Nigeria […]

THE ONE ‘MAN’ WHO SEES THE BIG PICTURE IN BUSINESS

    WHY YOU NEED A COMPANY SECRETARY WHO IS A LAWYER To the random man on the street, or the man on the Clapham Bus, Business is all about profit. What are the returns on investment? What am I gaining? What will I be left with?  The average individual just wants to always be […]

TDD 002: RECEIPTS

TRANSACTIONS DUE DILLIGENCE 002 #TDD 002 This is continuation of a series to show the things to watch out for in day to day transactions. Type #TDD in the search portal to get the previous one. It is written in layman’s language. This article is to show the purpose of the cash receipts daily summary. The importance of […]