contrary to honest commercial
practice.
18
Trademark
The name, logo, slogan, or hashtags of a business concept may be
protected as trademarks. A trademark right can be obtained by
registration at the Nigerian Trade Mark Registry or through use.
This form of protection grants the owner exclusive rights to use
the mark in connection with the concepts and enables users
distinguish the concept from other concepts available in the
market. It may also prevent third parties from marketing their
company under an identical or confusingly similar
trademark.
19 Upon registration, the
proprietor s right in the trademark subsists for 7
years and is subject to renewals at 14-year
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Background
It is public knowledge that the tenure of the incumbent VC of LASU, Prof. Lanre Fagbohun will come to an end on 11th January, 2021. As is the usual tradition, a joint Selection Committee of the Senate and Council has been set up by the university to interview candidates for the position of new VC and submit the names of the three best candidates for the job for onward transmission to the Visitor (the Lagos State Governor) for final selection of one successful candidate for the job. The advertisement for the post required a successful applicant to be a Professor of at least 10 years standing, with good track-record of academic excellence of local and international repute including supervision and mentoring of postgraduate students, demonstration of continuous capacity for academic leadership, track record of experience in university administration at high levels, and evidence of unassailable grounding in the finest academic traditions.
in CITEC INT L ESTATES LTD v. INT L INC &
ASSOCIATES
Sounded a Final Death
Knell?
Introduction
With the transformation of the world into a global
village, the need to conduct cross-border businesses has become
inevitable with increased growth in global trade and investments.
Under Nigerian law however, a foreign company may not carry on
business in Nigeria without incorporation. Elsewhere, the opinion
has also been expressed that transactions involving foreign
companies is one taxable under the Value Added Tax (VAT) Act.
2 What
therefore makes carrying on business on the one hand
without incorporation illegal and the transaction so conducted
subject to tax? In this article, we examine the Supreme Court
MONEY MARKET
The Central Bank of Nigeria (CBN) yesterday announced the revocation of the operating licenses of seven dormant payment service providers (PSPs).
The PSPs are Easifuel Limited, Transaction Processing System (TPS), Grand Towers Limited, Paymaster Limited, and E-Revenue Gateway Limited. The others are Eartholeum Network Limited, Globasure Limited and 3Line Card Management Limited.
The seven PSPs according to the CBN have ceased to carry on, in Nigeria, the type of business for which their licenses were issued for a continuous period of six months. The apex bank disclosed this in an official gazette titled, Revocation of operating licenses of some Payment Service Providers (PSPs).
ON THE GO
Many Nigerians ‘unaware’ they can demand accountability from their reps Yemi Adamolekun, executive director of Enough is Enough (EiE) Nigeria, says many Nigerians haven’t realised that they can contact their representatives in the national assembly, let alone demand accountability. Advertisement Adamolekun.
Lawan: Drug abuse has become a hazard we can’t ignore Senate President Ahmad Lawan says there is a need to improve on the fight against drug abuse in Nigeria, as it has become a hazard that can no longer be.
American detained over death of Nigerian man regains freedom 44 days after arrest Kari Ann O’Rouke, an American woman accused of killing a man who hosted her in Nigeria, has been released by the Lagos police command.Advertisement The 53-year-old woman had, through her.