Research Papers/Topics in Commercial Law

Impact of Internet Banking on Banker and Customer Relationship

ABSTRACT   Banking industry as well as relationship between banks and their customers has undergone tremendous changes with the introduction of information technology. Internet banking and electronic banking both of which are off shoot of information technology are major forms of banking adopted by banking industry.   Internet banking which is also known as online banking has become increasingly popular in Nigerian recent years. The reason for this popularity maybe sai...

ANALYSIS OF THE STRENGTHS AND WEAKNESSES OF ALTERNATIVE DISPUTE RESOLUTION (ADR) IN COMMERCIAL DISPUTES

ABSTRACTThe crux of this essay was to study the practice of Alternative Dispute Resolution in Commercial Disputes and examined different ADR mechanisms and their strength and weaknesses. The study examined the workability and reality of these advantages and the disadvantages too in the world of commerce with a view to making appropriate recommendations. The research methodology adopted in this study is the library research method. The study relied on primary and secondary sources of i...

Law Of Banking And Insurance In Nigeria

TABLE OF CONTENTSLAW OF BANKING AND INSURANCE PART I AND II.DEFINITION OF A BANK.DISTINGUISHING A BANK FROM OTHER SIMILAR ENDEAVOURSBRIEF HISTORY.BANKER AND CUSTOMER RELATIONSHIP NATURE, SCOPE, IMPLICATION,RIGHTS AND OBLIGATION, JURISDICTION OVER BANKER-CUSTOMERDISPUTES, AND REGULATION.WHEN CAN A CHEQUE/WITHDRAWAL ORDER BE DISHONOURED?REGULATION OF FOREIGN EXCHANGE.THE CENTRAL BANK OF NIGERIA (CBN); FUNCTIONS, CONSTITUTION,TOOLS OF MONETARY CONTROL, ETC.THE BANKS AND OTHER FINANCIAL INSTITUTI...

Company And Partnership Law In Nigeria Summarized

ContentsHISTORY OF COMPANY LAW. 3 SOURCES OF COMPANY LAW IN NIGERIA.. 9 ADMINISTRATIVE AND REGULATORY BODIES. 9 THEORIES OF CORPORATE LAW. 11 INCORPORATION OF COMPANIES. 12 COMPANY PROMOTERS. 15 PRE-INCORPORATION CONTRACTS. 16 CONSEQUENCES OF INCORPORATION. 18 LIFTING THE VEIL OF INCORPORATION. 19 CAPACITY AND POWERS OF A COMPANY. 22 ALTERATION OF THE MEMO. 25 ARTICLES OF ASSOCIATION.. 26 ALTERATION OF THE ARTICLES. 27 LEGAL EFFECTS AND NATURE OF THE MEMART. 28 CAP...

Commercial Law In Nigeria Summarized Notes

Contents AGENCY. 2 AGENCY DISTINGUISHED FROM OTHER RELATIONSHIPS. 2 CLASSES OF AGENTS. 3 KINDS OF AGENTS. 4 CAPACITY.. 6 FORMALITIES REQUIRED FOR THE FORMATION OF AN AGENCY. 7 CREATION OF AN AGENCY. 7 DUTIES OF THE AGENT. 11 RIGHTS OF AN AGENT AGAINST HIS PRINCIPAL.. 12 THE PRINCIPAL AND THIRD PARTIES. 13 TERMINATION OF AN AGENCY.. 13 HIRE PURCHASE. 14 THE NATURE OF HIRE-PURCHASE AGREEMENTS AND ITS DISTINCTION FROM OTHER AGREEMENTS. 15 DYNAMICS AND RELATION...

Nigerian Law School (2017) Corporate Law Practice Summarized Note

WEEK 3.TOPIC: AN OVERVIEW OF THE LEGAL FRAMEWORK ANDREGULATORY BODIES ON CORPORATE LAW PRACTICE IN NIGERIA.HIGHLIGHTS OF THE CAMA 1990.- Promulgated on 2nd January, 1990 and commenced on 31st December 1990.- It incorporates various principles of law and equity, has detailed provisions on Directors,Members, Secretaries, Accounts, Auditors, Meetings, Memo and Articles, e.t.c. It alsoestablishes the CAC as a body corporate with perpetual succession and a common sealcapable of suing and being sue...

Review of the newly enacted Companies and Allied Matters Act 2020

A brief overview of the newly enacted Companies and Allied Matters Act 2020

Negotiating Loan And Insolvency During Covid-19

This article proposes viable options to failing entities during the pandemic

Fintech Credit Market - Crowdfunding: An Evaluation of Market Models

One of the incidences of the emergence and growth of the internet and the vast availability of computing devices across countries of the world today is the increase in innovation. New ways of doing things are now on the rise in all spheres of human endeavours, including financing. In time past, banks used to be the exclusive formal avenues through which individuals and businesses source for funds, but with the growth of the internet coupled with the somewhat loss of tastes/dislike for t...

REMEDIES FOR BREACH OF CONTRACT

This paper refers to a breach of contract which means failure to keep the promises or agreements of a contract and as a result of that breach, the one-party suffers damage. First of all, this paper highlights the correlation between breach and remedy. The aim of this term paper is to explore the idea of remedies for breach of contract. This paper also looked into different types of suits, a plaintiff can file. It is just as important for the innocent party to show that it has suffered a ...

Towards an Efficient Nigerian National Oil Company - Legal Reform

ABSTRACTIf each resource (petroleum) rich nation was a living cell, the national oil company (NOC) would be the nucleus. NOCs are that important. They are the economic engine rooms of resource dependent nations. Nigeria’s NOC; the Nigeria National Petroleum Corporation (NNPC) is however yet to fulfill this role in the Nigerian economy. Since its establishment in 1977, a steady stream of reports and reviews have documented NNPC’s dismal legacy of lost revenues, inefficiency and corruption....

A TECHNICAL REPORT ON STUDENT INDUSTRIAL WORK EXPERIENCE SCHEME (SIWES)

Table of contents1. Executive summary ........................................................................................................ 92. Draft RTS on key financial information for the summary............................................... 102.1. Introduction ........................................................................................................... 102.2. Summary of feedback and amendments to the draft RTS on the key financial information in the summary ................

A Critique of the Residence Rule in Nigeria Policy, Law and Administration

Residency is a key factor in taxation, since a taxpayer is generally liable to payment of taxes to the state where he is resident.The issue of residency is a topical one that deserves additional discourse. It would appear that the residency rule which obligates a taxpayer to pay to the relevant tax authority of where he resides still stands; what has now been amended is the principal place of residence which should be considered when an individual has more than one residence. A challen...

Legal, Theoretical and Conceptual Framework of Treasury Single Account (TSA) Under the Nigerian Constitution

This work looks at the importance of TSA to the Nigeria economy AbstractGovernment banking arrangement are  an important factor for efficient management and control of government cash resources, such banking arrangement  should be designed  to minimize the opportunity cost of cash resources, this requires that all cash received is available for carrying out government expenditure programs and making payments in a timely fashion. Many emerging market and low-income countries have fragmente...

Neighboring Rights in Nigeria

NEIGHBORING RIGHTS IN NIGERIAABSTRACTIntellectual property law has proved to be a possible tool for the transmission and management of traditional cultural expressions and cultural heritage; protecting it from unauthorized use, reproduction, misappropriation and other forms of dishonest exploitation.  “Neighboring Rights” is one of those terms that can cause an awful lot of confusion due to the background of the name itself. It is often confused with relating to payments ...


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