Starting a business or company in Nigeria may not be as expensive as starting one in other countries in the world, but there are legal requirements that are needed in order to run it smoothly. Besides having money for your products (capital), and advertising, you must be ready to meet up the legal requirements. Meeting these requirements will allow your…
Registering a product or design in Nigeria gives protection that prevents it from being reproduced, imported, sold, or used for commercial purposes. The concept of product or design registration is to help prevent plagiarism or piracy. Any design that is new and not contrary to public morality can be registered in Nigeria. The creator can file for the registration of…
All around the world, inventions are made from medical discoveries to inventions of electronic devices and applications. Systems have been created to protect people’s inventions from being copied or used wrongly. One of such intellectual property rights is Patent Right. A patent is a type of intellectual property right that allows the owner to legally exclude others in the making,…
Trademark differentiates the products of an enterprise from others. Trademark is an intellectual property that has a recognizable sign or expression that identifies a product or service and distinguishes it from others. They are protected by the intellectual property rights under the Nigeria Trade Mark Act. Trademark has numerous benefits including, giving the owner exclusive right to the product,…