There is no provision of law as it relates to the distribution of shares in a company amongst its members. Therefore, this sometimes creates an imbalance in the ownership structure of shares in a company, creating a class of majority and minority shareholders.
The Nigerian Visa Policy 2020 is a long-overdue welcome development as it creates more classes of visas and makes ease in the application of same. Visa applicants can now apply for specific visas that are tailored specifically for their purpose of entry into Nigeria.
There are not so many laws governing the Nigerian fashion industry to meet its dynamics, but we would evaluate the available laws individually in comparison with the laws and treaties of advanced countries, at the same time raising recommendations.
It is imperative that the legislature begin to look at enacting a specialized law like they did with Health law, Energy, Finance, Tax, etc., and not just leave the regulation of the entertainment industry in the hands of multiple overlapping and oftentimes conflicting areas of law.
In the late part of the 18th century European Industrial Revolution, when mass production of consumer goods enabled enterprises to sell their items at a reduced cost, resulting in a surge in consumer demand.
Open banking is a banking practice in which third-party financial service providers are given open access to customer banking, transaction and other financial data from banks and non-bank financial institutions via application programming interfaces (APIs).
The enactment of CAMA 2020 is a commendable effort by the regulators to meet the expectations of a fast-changing corporate world. The enhanced provisions of the Act compete with international best practices.
Auditors are expected to provide professional and unbiased opinions, hence the need for them to be independent in reporting financial statements. The auditor's neutrality and independence are the foundations of an audit report.
It has been laundered to give it a legitimate appearance. Criminals convert their illegal gotten money into an asset that appears genuine, such as an insurance policy, in order to avoid detection by the law.
