CrasHorizonLegal

13 articles published

THE STUDENTS LOANS ACT AND ITS APPLICATION IN NIGERIA

Law, LegalMay 13, 202493Views 0Likes 0Comments

Introduction The Students Loan (Access to Higher Education) Act (the ‘Act’), 2023 seeks to provide a comprehensive framework to facilitate access to higher education by offering financial support to Nigerian students through loans. The Act aims to balance affordability, borrower’s protections, and repayment options to alleviate the financial burden on students while promoting responsible borrowing…

MAKING PUBLIC-PRIVATE PARTNERSHIPS WORK IN NIGERIA (Part 1)

UncategorizedMay 13, 2024103Views 0Likes 0Comments

A Public-private partnership (PPP) is an arrangement between a government agency and a private sector company to deliver a public service or infrastructure project. The partnership involves a shared financial and operational responsibility between the two parties, with the goal of improving the quality and efficiency of the service while reducing costs. Public-Private Partnerships (PPP’s)…

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Legal Framwork for Protecting Digital Assets and Privacy in Nigeria: Impact on Commerce

TechnologyMay 13, 2024132Views 0Likes 0Comments

Introduction: The advent of the digital age has made life much easier, as seen in innovative practices in trade and commerce, social interactions, and other areas of daily lives. These innovative practices have widely raised concerns regarding protection of these digital assets, and raised concerns regarding privacy as well, for businesses and commercial transactions, and…

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CONTRACTS, DISPUTES, AND ARBITRATION IN INTERNATIONAL TRANSACTIONS

Company Law, contracts, Dispute ResolutionMay 13, 2024101Views 0Likes 0Comments

Introduction As Nigeria continues to attract foreign investment and expand its presence in the global economy, international business transactions have become increasingly common. However, engaging in cross-border business deals presents unique challenges and complexities that require careful attention to legal considerations. This article examines the key legal aspects of international business transactions, focusing on contracts,…

INTERNATIONAL TRADE AGREEMENTS AND THE INTEREST OF PARTIES: STRIKING A BALANCE (PART 2)

Company LawMay 13, 202496Views 0Likes 0Comments

Introduction In our interconnected world, private individuals and businesses frequently engage in international transactions. In the buying and selling of goods and services, business interactions usually cross national boundaries. This article delves into the legal aspects of private international business, shedding light on the complexities involved in these cross-border exchanges. Some Aspects of International Trade…

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UNDERSTANDING INSURANCE LAW IN NIGERIA: COVERAGE, CLAIMS, AND REGULATORY COMPLIANCE

Company Law, Finance, InsuranceMay 13, 2024117Views 0Likes 0Comments

Introduction Insurance is a vital aspect of risk management and financial planning in Nigeria, providing individuals and businesses with a safety net in times of adversity. Insurance practice in Nigeria is principally governed by the Insurance Act of 2004, the National Insurance Commission (NAICOM) Act 2004, the Nigerian Agricultural Insurance Corporation Act 2004, etc. These…

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Access to Justice in Commercial Transactions and Resolution of Commercial Disputes

Dispute ResolutionMay 13, 202485Views 0Likes 0Comments

Introduction Access to justice is a fundamental principle in any society that seeks to foster economic growth and maintain the rule of law. In the context of commercial transactions, ensuring access to justice is of paramount importance to promote trust, investor-confidence in the business environment. Nigeria, as Africa's largest economy, has made significant strides in…

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DEPLOYING ARTIFICIAL INTELLIGENCE: THE LEGAL SIDE OF THINGS

Legal, TechnologyMay 13, 202489Views 0Likes 0Comments

Introduction The rapid growth of artificial intelligence (AI) technologies, having transformed industries and our way of living, has also raised complex legal questions about accountability and liability. As AI systems become integral to various business operations, the allocation of responsibility for AI-related actions and their consequences is of paramount importance. In this article, we highlight…

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THE GIG ECONOMY AND EMPLOYMENT LAW: BALANCING FLEXIBILITY AND WORKER PROTECTIONS

Employment Law, Labour LawMarch 27, 2024127Views 0Likes 0Comments

Introduction The gig economy is a labour market characterized by the prevalence of short-term contracts or freelance work as opposed to permanent jobs. A gig worker is a person who does temporary or freelance work, especially an independent contractor engaged on an informal or on-demand basis[1]. The emergence of the gig economy has transformed the…

EXPLORING THE FUNDAMENTAL PRINCIPLE OF CORPORATE PERSONALITY IN SALOMON V. SALOMON AND ITS APPLICATION IN NIGERIA

Company LawMarch 27, 2024135Views 0Likes 0Comments

INTRODUCTION The foundational concept of separate legal personality serves as the cornerstone of company law, defining how a company operates and exists. Widely regarded as a fundamental and enduring principle of corporate jurisprudence, it stands as a crucial element in the legal framework governing businesses. The principle of separate legal personality remains a prevailing and…

HOW TO SET UP A PRIVATE UNIVERSITY IN NIGERIA: LEGAL CONSIDERATIONS

Doing Business in NigeriaMarch 27, 2024188Views 0Likes 0Comments

Introduction Establishing a university in Nigeria requires adherence to a wide range of legal considerations, from regulatory requirements to compliance with educational standards. It is, therefore, crucial to choose the appropriate legal structure for establishing a university in Nigeria. Typically, universities are established as either private or public institutions. Private universities are owned and managed…

GOVERNOR OF LAGOS STATE V. OJUKWU (1986) LPELR-3186(SC) – DANGERS OF SELF HELP IN TENANCY

Cases, Landlord and Tenancy, Property LawMarch 27, 2024150Views 0Likes 0Comments

In the realm of landlord-tenant disputes, the temptation to resort to self-help measures can be enticing for both parties involved. However, the case of Governor of Lagos State v. Ojukwu[1] serves as a reminder of the dangers associated with taking matters into one's own hands in the context of tenancy matters. FACTS OF THE CASE. The case revolves around the eviction of Emeka Ojukwu, from a…