Conversely, a floating debenture functions as an equitable charge over the entirety or a designated portion of the project or assets, such as cash and the company's uncalled capital, both now and in the future
Despite the legal framework in place, climate change litigation in Nigeria faces several challenges, that can be overcome through strategic litigation, capacity building for legal practitioners and affected communities, and increased collaboration between civil society organizations, government agencies, and the judiciary.
Nigeria has continuously attained worldwide triumph in sports throughout the years, resulting in significant economic benefits from diverse sport-related endeavours. Nevertheless, it is imperative to recognize the obstacles in efficiently evaluating and collecting relevant taxes and take critical steps to correct them.
In a medical negligence lawsuit, the onus lies on the patient-complainant to substantiate their claim against the medical doctor, rather than requiring the doctor to prove that they acted with sufficient care and skill.
The Nigerian Maritime Sector, no doubt, contributes significantly to the nation’s economy. Recognising the significance of the sector, the Federal government in 2023 established the Ministry of Marine and Blue Economy. The importance of the sector also underscores the need for a detailed examination of admiralty jurisdiction and in which court it is vested as well as some intricacies surrounding same in the nation’s legal framework.
The term Corporate Governance entails the effective and transparent oversight of an organization’s operations by its management and board, to foster stakeholder engagement. It encompasses managerial accountability, board structures, and the protection of shareholders’ rights
The Admiralty Jurisdiction Procedure 2023 represents a significant stride in modernizing maritime law and streamlining legal processes within admiralty jurisdiction.
On the 12th of June 2023, the Nigerian President assented to the Students Loan Bill. The Act is designed to assist indigent students in public institutions of higher learning to access government loans for their tuition. As part of efforts to implement the Act, a sum of 50 billion naira was approved for the Loan Scheme, in the 2024 budgetary allocation.
This article has copiously examined the issues relating to trespass to persons and chattels. It has been established that the principal aim of the tort of trespass is to vindicate the Claimant’s right to be free from interference either to his person or her person, property or goods and it is on this basis that the tort of trespass is said to be actionable per se which implies that damage to the claimant is inconsequential in the award of damages for trespass.
