The 618 Bees blog
Practical guides to starting, running and protecting your business in Nigeria. Find the answers you need, wherever you are in your business journey.
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A shareholders’ agreement, also called a stockholders’ agreement, is an arrangement among a company’s shareholders that describes how the company should be operated and outlines shareholders’ rights and...
Changing your name is not rocket science. It’s quite easy. Here is the ABC of how to change your names on all your certificates to reflect your new name. Kindly follow the steps below: First you need to...
If the above question has troubled you… then be troubled no more because A big YES is the answer. You can totally trademark your business name. However for some people who might not know what a trademark is...
A companyseal(sometimes referred to as the corporate sealor common seal) is an official sealused by a company. It is a stampor embossed emblemthat represents the companyand its legalname. It is significant...
How to register a debenture in Nigeria In order to register a debenture in Nigeria, the following requirements must be submitted to the Corporate Affairs Commission (CAC) for the registration to be effeced;...
Section 197 of the Companies and Allied Matters Act cap C20 Laws of the Federation of Nigeria 2004 (CAMA) states that every charge created by a company shall so far as any security on the company’s property...
A debenture is a medium- to long-term debt instrument used by large companies to borrow money, at a fixed rate of interest. The legal term “debenture” originally referred to a document that either creates a...
Where there are two or more proprietors registered as joint owners of a Business Name and one of them dies, the following steps will be required at the Corporate Affairs Commission (CAC) to ensure the...
The stipulation for registration of a company is that it must be registered with shares. The Corporate affairs Commission (CAC) is strict in its adherence to this rule. A private company limited by shares...
CEO is an abbreviation for Chief Executive Officer of a company and it can be used interchangeably with Managing Director, Executive director and President. A CEO is the person in charge of managing the...
Anyone can decide one day to start operating a business. All that the person needs to do is provide a product or service to another person in exchange for money or money’s worth to be “in business.” While...
As defined by the Companies and Allied Matters Act (CAMA), directors are persons that are duly appointed by the company to direct and manage the business of the company. The CAMA also made provisions on the...
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