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NATURE OF CUSTOMARY MARRIAGE IN NIGERIA (ENGAGEMENT/INTRODUCTION AND NIKAH)

Customary marriage is marriage conducted in accordance with the laws and customs of a particular tribe, ethnic group, or society, as the case may be. This article envisages what is generally referred to as engagement, introduction, and nikah in Islam. Whereas in Nigeria, there are diverse ethnic groups and tribes, we have similar customs and

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WHAT IS AN INDEMNITY CLAUSE AND HOW IMPORTANT IS IT?

An indemnity is a promise by one party to compensate another for the loss suffered as a consequence of a specific event called the ‘trigger event’—the’ trigger event can be anything defined by the parties, including a breach of contract, a party’s fault or negligence, or a specific action. An indemnity clause is therefore a

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EQUIPMENT LEASES IN NIGERIA: WHAT EVERY BUSINESS OWNER SHOULD KNOW

At the beginning of the journey of building your business, purchasing the equipment to compete within your market may not be an option, primarily because of funding. And that is where an equipment lease comes to the table. Equipment leasing is an arrangement where a person known as the lessor gives temporary possession of equipment

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INTELLECTUAL PROPERTY SERIES: WHAT YOU NEED TO KNOW ABOUT TRADEMARKS

A trademark, according to Wikipedia, is a type of intellectual property consisting of a recognizable sign, design, or expression that identifies products or services of a particular source from those of others, although trademarks used to identify services are usually called service marks. The trademark owner can be an individual, business organization, or any legal

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INTELLECTUAL PROPERTY SERIES: WHAT YOU SHOULD KNOW ABOUT COPYRIGHT

Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. It refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names, and images used in commerce. Simply put, it is property created by the human intellect. When a business or an individual

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TRADE UNIONS IN NIGERIA (series)

A trade union is an organized association of workers or employers from related fields—trades, professions, or industries—who come together for the purpose of protecting their members against exploitation by their employers or supervisory or regulatory bodies and ensuring the maintenance and improvement of their collective interests. Such collective interests include, but are not limited to, their

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BRIEF EXPLANATION OF THE PENSION REFORM ACT 2014: FOR SMEs AND MSMEs

The Pension Reform Act 2014, which repealed the Pension Reform Act No. 2 of 2004 (repealed Act), was signed into law on the 1st day of July, 2014. The Pension Reform Act governs and regulates the administration of the contributory pension scheme for both the public and private sectors in Nigeria. The crux of the

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