All posts by admin

Post-incorporation
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What Happens When I Don’t File My Annual Returns?

Dear Zainab, I registered my business with CAC using your platform a couple of years ago. I just want to say thank you for making the process so seamless. You have such an incredible response team at DIYLaw.  Back to my question. I was having a conversation with a friend some days back, then I […]...
Family Law
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Your Rights as a Shareholder

You and a squad of 4 friends stumbled on a great business idea in your final years of school – from all feasibility tests, this was a big one and definitely had a gap to fill in the market. So you all go on to start this business, together, getting it incorporated, raising much needed […]...
Starting & Operating a Business
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Rebuilding Your Business The Right Way

Recovering from a business loss is not always the easiest thing to do. Following the civil unrest that shook the country in the past few weeks, businesses have experienced some loss in sales, property and even customers. In these times, you need all the business support you can get as you rebuild. We truly believe […]...
Starting & Operating a Business
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10 Support Initiative for SMEs Affected by the Crisis

Hello … How are you really doing?  To be honest, the events of the past two weeks took a toll on us as a nation.  We all witnessed how the peaceful #ENDSARS protests against police brutality took a violent turn with the shooting of peaceful protesters at the Lekki Toll Gate which consequently resulted in […]...
ContractsStarting & Operating a Business
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You Need a Lawyer If…

…if you get sued, apparently! Or isn’t it so? This notion up here is what many of us believe either consciously or otherwise. This was also reinforced by the movies we saw. We are here today however, to oppose this motion that says you only need a lawyer when you want to get away with […]...
Starting & Operating a Business
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The New CAMA For MSMEs

Following Nigeria’s 131st ranking on the annual World Bank’s 2020 Doing Business Index, the new CAMA provisions are bound to make starting and running a business easier in the country; thereby stimulating economic growth, expansion and attracting investment. The previous CAMA came into existence in 1990 and CAMA 2020 repeals this law by introducing new […]...
Starting & Operating a Business
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How To Legally Wind Up Your Business

Chike knew it was time to move on. He had run a fashion business for over 5 years since he graduated from University. The company, incorporated since its first year has grown a lot since it began and like the typical Nigerian startup, has seen its fair share of struggles. But now, Chike has identified […]...
Contracts
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When a Co-Founder Dies- On Business Continuity

Jire and Chioma met at the University of Lagos several years ago and became friends. Their friendship blossomed and even though they went to different countries for further studies, they were able to come together to build one of Africa’s leading tech companies – JC Tech Ltd. A few days after they celebrated the 7th […]...
Contracts
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Electronic Signatures and Contracts in Nigeria

Today, in the face of a global pandemic, we see businesses having to shut down physical operations and lean into virtual processes.  Contracts that ordinarily would have been physically signed and sent are now being electronically executed.  Ever wondered whether electronic signatures are legally acceptable in Nigeria?  This article answers this question. First of all, what […]...