Trademark is one of the most important intangible assets of any business, it permits uniqueness in branding, and also distinguishes businesses from one another. The need to differentiate businesses especially those with similar nature, from time immemorial triggered the emergence of trademark and continues to prompt its evolution. Trademark is simply any unique and recognizableContinue reading “TRADEMARK AND ITS IMPORTANCE TO BUSINESSES (ESPECIALLY STARTUPS) IN NIGERIA”
Imagine that in an average Nigerian home today, a 40 year old man informs his 35 year old wife that he was going to see his lawyer to write his will, the following conversation will be the likely aftermath of that information. Wife: Are you sure you’re okay? Man: Of course, I am. Wife: AreContinue reading “WILLS: DEFINITION AND EXPLANATION”
National Housing Fund (NHF) established by the NHF Act of 1992 is a Federal Government scheme, which entitles all Nigerians above the age of 21 years in paid employment to a government funded loan with low interest. The National Housing Fund was created by the Federal Government to cater for the housing needs of the Nigerian citizenry.
The Employee Compensation Act, 2010 (the Act) is the extant law governing the payment of compensation to all employees both in the public and private sector except members of the armed forces. It mandates all employers to contribute 1% of the total monthly payroll into the compensation fund and entitles all employees to claim compensationContinue reading “SHORT ANALYSES OF THE EMPLOYEE COMPENSATION ACT, 2010.”
A trade union is an organized association of workers or employers from related fields – trades, profession or industry, who come together for the purpose of protecting its members against exploitation by their employers or supervisory or regulatory bodies, and ensuring the maintenance and improvement of their collective interests.
Patent is an exclusive right granted to confer legal protection on an invention for a given period, which exclusive right expressly excludes others from making, using, or selling said invention in the country from which it is obtained without permission or consent during the existence of the patent. Patent in Nigeria is regulated by theContinue reading “INTELLECTUAL PROPERTY SERIES: PATENTS AND DESIGNS”
A trademark, according to Wikipedia is a type of intellectual property consisting of a recognizable sign, design, or expression which identifies products or services of a particular source from those of others, although trademarks used to identify services are usually called service marks.
The trademark owner can be an individual, business organization, or any legal entity. –>
Intellectual property (IP) is a category of property that includes intangible creations of the human intellect. It refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images used in commerce. Simply put, it is property created by the human intellect.