Posts

Showing posts from March, 2023

Most recent post

IS THE MARGIN OF LEAD PRINCIPLE A LAWFUL MEANS OF DETERMINING WHO WON A SENATORIAL ELECTION IN NIGERIA?

Image
BY ADEMOLA FEBIAN ADEBOWALE ESQ., PURPOSE This article aims to explore ways by which a winner of a senatorial election in Nigeria is determined vis-à-vis Constitution of the Federal Republic of Nigeria 1999 (as amended), Electoral Act 2022 and INEC’s Regulations and Guidelines for the conduct of Elections 2022. KEYWORDS Electoral Act, Margin of lead principle, Election, Constitution, INEC’s Regulations and Guidelines for the conduct of Elections. INTRODUCTION Amidst the vibrant tapestry of democracy, one timeless element reigns supreme: the sacrosanct ritual of elections. Nowhere is this revered practice more evident than in the Federal Republic of Nigeria, where it finds its rightful place in the very heart of the Constitution. Truly, the Constitution stands as “the fons et origo,” an unwavering beacon of governance and the “grundnorm”—the bedrock upon which the entire legal framework takes form, meaning and origin from. In this great nation, the Constitution's hallowe

LEGAL PRACTITIONER: Role of a lawyer in the Capital Market In Nigeria

Image
by   Ledisi Mark Esq. The Nigerian Capital Market is regulated by statutory institutions namely; Central Bank of Nigeria, the Security and Exchange Commission, the National Insurance commission, and the National Pension Commission. These Institutions are empowered by statute to supervise this market and facilitate the exchange of funds between the surplus and deficit units.  The capital market covers trade within the money market, bonds and foreign exchange.  The capital market is a trading sector where suppliers trade equities and debt securities. Basic terminologies used within the financial market include; Security debt, Equity, Interest, Auction and Dealer market Funds are generated in the capital market through two major markets: the Primary or Secondary Market.  Who is a Legal Practitioner In Nigeria? A Legal Practitioner in Nigeria is a professional, who is trained to practice law as an expert; having undergone a five- year training in law from a recognised and

Nigeria Startup Act 2022: A pathway to enable startups, through tech

Image
by Opubo Nengia Esq. and Faith Agbator Esq. INTRODUCTION With the unhindered rise of unemployed youths and graduates, the need for more job creators (in form of entrepreneurs) rather than job seekers cannot be overemphasized. In recognition of this undeniable fact, educational institutions have introduced skill acquisition programs in order to equip students with the necessary skills and the ability to critically think about other innovative sources of income finetune their skills to fruition. In like manner, the National Youth Service Corps (NYSC) further embraced the importance of skill acquisition through the emergence of SAED courses/programs taught to Corps Members at their various deployment camps. In this context, governments have increasingly begun to focus on entrepreneurship as a means of creating quality jobs, boosting the wider economy’s productivity and growth, and delivering market-based innovations to possible developmental challenges. In fact, a study o

AN APPRAISAL OF THE BUSINESS FACILITATION (MISCELLANEOUS PROVISION) ACT 2023 AND NOTEWORTHY AMENDMENT ON OTHER LAWS

Image
AN APPRAISAL OF THE BUSINESS FACILITATION (MISCELLANEOUS PROVISION) ACT 2023 AND NOTEWORTHY AMENDMENT ON OTHER LAWS by Efe Precious Rukevwe, Esq. BACKGROUND According to World Bank’s rating, Nigeria currently ranks 131st out of 190 economies on the ease of doing business. In order to promote the ease of doing business, His Excellency, President Muhammadu Buhari; GCFR signed the Business facilitation (Miscellaneous Provisions) Act 2023 also known as the Omnibus Act into law on the 14th February, 2023 as part of the Federal Government Initiatives to enable micro, small and medium-sized enterprises (MSMEs) to thrive in Nigeria and removing the bureaucratic constraints to doing business in Nigeria. The main objective of the Act is to: a) Promote the ease of doing business in Nigeria and eliminate bottlenecks; and b) Amend relevant legislation to promote the ease of doing business in Nigeria and institutionalize all reforms to ease implementation. According to Jumoke Oduwol

How to lose weight very fast

Image
I'm sure you've seen articles on how to lose weight in 2 days or 2 seconds. Lol. However, I am here to tell you that it is not advisable to try any of those unsanctioned and unsupervised methods, unless recommended by a professional (certified/licensed). Rapid weight loss can be unhealthy and potentially dangerous, and it is always best to consult with a healthcare professional before starting any weight loss program. Instead, I can provide you with some general tips on healthy weight loss in a gradual and sustainable manner:   1. Set realistic goals: Set achievable goals and plan for a gradual weight loss of 1-2 pounds per week.  2. Eat Healthily: Incorporate healthy and nutrient-dense foods into your diet, such as lean protein, whole grains, fruits, and vegetables. Avoid processed foods, sugary drinks, and high-fat meals.  3. Stay Hydrated: Drink plenty of water, at least 8-10 glasses a day, as it helps in digestion and keeps you full. 4. Engage in Physi

Why Women Should be Celebrated on International Women’s Day and Every Day

Image
International Women's Day is a time to celebrate the social, economic, cultural, and political achievements of women around the world. It's a day to pay tribute to the women who have made significant contributions to society, and to raise awareness of women's rights and equality. Women have made tremendous strides in society, and there are several reasons why we should celebrate them. 1. Inspiration: Women are a source of inspiration and motivation to those around them. Women have overcome tremendous obstacles to achieve their goals, and their stories serve as an inspiration to others to reach their full potential. 2. Diversity: Women represent a wide range of backgrounds and cultures, and by celebrating the achievements of women, we celebrate diversity. Women's experiences and contributions enrich our lives and make the world a more vibrant and dynamic place. 3. Equality: Although progress has been made, there is still work to be done to ensure th

Artificial Intelligence (AI) and Its Impact on Society

Image
Artificial Intelligence (AI) is a rapidly growing technology that has vast implications on society. Some experts believe that AI will shape our future in ways we can’t yet imagine, while others are more cautious of the potential risks and negative impacts associated with this technology. In this blog post, we’ll explore both the positive and negative impacts of AI on society. Positive Impacts of AI on Society 1. Increased Efficiency: One of the most significant positive impacts of AI on society is its ability to improve efficiency. AI technology can help automate many tedious and time-consuming tasks, freeing up human time and energy for more important work. 2. Improved Healthcare: AI technology has the potential to revolutionize healthcare by making diagnoses and treatment options more accurate and efficient. With advances in machine learning, AI can help doctors and healthcare practitioners make more informed decisions and provide better care for their patients.