An Appraisal of the Regulation on National Content Development for the Power Sector

Following the privatization of the Nigerian Electricity Supply Industry (NESI), there has been in increase in foreign direct investment in the power sector. The NESI is now heavily dependent on imported human resources, material, equipment and services. It is based on the above that Nigerian Electricity Regulatory Commission (NERC) issued the ‘Regulation on National Content …

Enforcement of Trademark Rights in Nigeria

As the most populous nation in Africa, Nigeria is a potential market for counterfeit products. Cheap, sub-standard fakes are flooding the market through foreign and local traders while manufacturers are illegally replicating well know brand names and designs on their packages and labels. Very often, consumers purchase products and discover that it is a fairly …

Overview of Patents in Nigeria

A patent is an intellectual property (IP) right for a technical invention. The grant of a patent for an invention is the grant to the grantee by the state as a territorial right for a limited period. The grant gives the inventor the exclusive right to prevent others from using the invention for commercial purposes …

Authentic or Fake?

2019 World Anti-Counterfeiting Day

As we celebrate another World Anti-Counterfeiting Day, the need to continue to create more awareness on the dangers caused by counterfeiting cannot be over emphasized. Over the past decade, African nations experienced economic growth which has led to an increase in the global market across all sectors. While the legitimate market has grown, Counterfeit market …

SME in Nigeria

Small and Medium Scale Enterprises in Nigeria – An Overview of Initial Set Up

Nigeria is unarguably one of the largest economies in the Sub-Saharan Africa[1]. Though she relies majorly on oil, her economy is also grown by pockets of corporate organizations covering almost all spheres of activities within the country, ranging from multinational corporations with offices within the country, indigenous companies, and largely by small and medium scale …

A Guide to Trademark Registration in Nigeria

Nigeria is Africa’s most populous nation with the largest economy in the continent and a fast-growing services sector with an increasing need for consumer goods.  This factor makes trade mark registration important. The laws governing trademark in Nigeria are Trade Marks Act, Cap T 13, Laws of the Federation of Nigeria 2004 (“TMA”) and the …