Building Wealth Through Investment
Introduction Let me tell you about Olu, a young Nigerian who started putting aside a small part of his salary each month. Fast forward a few years, and thanks to…
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Business Startup and Growth
33 posts
This category covers the legal aspects of starting and running a business, from choosing a business entity to navigating ongoing regulations.
Contract Compliance in Nigeria (Part 2)
Introduction Welcome back, entrepreneurs and business owners! Part 1 of our guide covered the basics of contract compliance, including legal requirements and essential clauses. If you haven’t read it, I…
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Contract Compliance in Nigeria (Part 1)
Introduction In the heart of Nigeria, from the bustling streets of Lagos to the corridors of power in Abuja, businesses are thriving. But with great success comes great responsibility, especially…
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Building a Strong Brand (Part 2)
Your Guide to Standing Out in the Nigerian Market Welcome back, brand builders! If you’ve completed Part 1, you’ve already laid the groundwork for your brand identity. Pat yourself on…
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Building a Strong Brand (Part 1)
Your Guide to Standing Out in the Nigerian Market Hey there, fellow entrepreneur! If you’re reading this, chances are you’re looking to make your mark in the bustling Nigerian business…
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Contracts and the Nigerian Consumer Protection Act
Introduction Imagine you walked into a bustling market in Lagos, Nigeria. You spotted a vendor selling a beautiful, hand-woven basket. You admired its intricate design and decided to purchase it.…
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When Contracts End: A Guide to Termination in Nigeria
Contract termination is the legal process of ending a contractual agreement before its natural end. It's a vital aspect of contract law, as it outlines the circumstances under which parties can exit a contractual relationship. Grasping the nuances of contract termination is essential for businesses and individuals to protect their interests and avoid potential legal pitfalls.
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Navigating the Complexities of Contracts in Nigeria
Hello! Today, we will be taking you through the world of contracts in Nigeria. While it might seem complex, understanding the basics can differentiate between a successful deal and a…
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Confidentiality Agreements: Understanding the Importance of Keeping Secrets in Business
Whether running a small shop, a tech startup, or even working for a big corporation, chances are that you're dealing with sensitive information. From your secret family recipe to the groundbreaking tech industry, protecting your ideas is crucial. That's where these agreements come into play.
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Don’t Get Burnt: The Must-Have Clauses in Your Nigerian Business Contract
Imagine sealing a business deal without a solid contract in place, only to face unforeseen consequences that threaten your entire business. Don't let that be you! A well-drafted contract is like an insurance policy for your business. In this article, we breakdown the essential clauses that could save your business from a world of hurt. But we don't stop there; we provide additional clauses that might be relevant to your unique situation. Make sure to read until the end and never sign on the dotted line without a solid contract in place.
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