THE SECURED TRANSACTION IN MOVABLE ASSETS ACT: PROSPECTS AND PROBLEMS

Introduction- For any economy of the world to develop access to finance is very vital. Access to credit is critical to economic growth and is considered to be the motor for driving private sector development. However, in Nigeria more than 70% of private enterprises, typically MSMEs (that is, Micro, Small, and Medium Enterprises), have limited or no access to credit. Credit applications get rejected due to insufficient credit history and information for the lender to use to make a... Read More

COVID-19: POSSIBLE DEFENCES TO A NON-PERFORMING PARTY IN A COMMERCIAL CONTRACT

ABSTARCTIt is no longer news that the world is confronted with a common enemy today, the novel Coronavirus 2019 popularly known as COVID-19. The virus was first discovered in China and has today spread to over 190 countries around the globe. COVID-19 has disrupted the world economy and businesses across the globe are heavily hit by the operation of the pandemic. There is no gainsaying the fact that this novel coronavirus has surfaced in Nigeria with over 40 cases discovered so far as at the... Read More