Firstly, let me welcome you to my blog. Here I’ll be talking about real estate and other commercial transactions, this includes corporate practices. But today I will introduce myself and quip you on why calling at this blog may be good for you and your business.
I am Franklin Monovie Figilo, abbreviated FMF. an enthusiastic lawyer, and also a curious one who never stops asking questions and finding answers to them, answers that are not just to satisfy my curiosity but to solve problems of those who are unable to ask. You know, sometimes someone should just be there for you. But don’t be shy here, whenever a question comes up and you need someone to ask, I’ll be all ears.
Straight to our prelude, Investment. Yes, investment is one very important aspect of human life that anyone who plans to secure the future shouldn’t take for granted. Mind you, investment is wide and winding, with many abstractions. But here I am talking about investment to make material profits in terms of’; physical money, or shares in a company, or property or interest in property. I mean any form of interest by virtue of any transaction. That kind of investment.
Most times investments are not always about the ability or inability to see good investment opportunities but the inability to start, and always be, within the legal frameworks that regulates any such investments. For this failure, people go through a lot and even lose their invested capital or huge amount of their profit, not because of bad investment, but because of wont of not having legal backing– that can pass for bad investment though.
For instance, in acquiring of a right of occupancy over a parcel of land, most persons innocently get the document uselessly titled “right of occupancy” but which is not issued by the proper authority, you can imagine how sad that could be. I’ll talk about this on a subsequent post. Of course, landed property can also be the subject of tenancy, sub-lease, mortgage, assignment, power of attorney etc. We’ll get to all these points.
Sometimes you may find yourself in business situation, either a blooming corporation or Small and Medium-Scale Enterprise (SMSE). In such times, your ability to keep to legal framework becomes even more useful as that will determine your privileges in the business. Especially if you want to start up any company or a SMSE, you may want to take certain steps to create and protect your brand or trade name, obviously businesses these days thrive on brands and trade names. You must have heard of Kentucky Fried Chicken (KFC), Cold Stone Creamery, Domino’s Pizza, even our famous Dangote; all theses are examples that can come handy on branding and trade names.
As a good business person, you may not want to lose a trade name you have marketed so well already. The truth is that, if you mean business, you don’t start by looking down on the size of your enterprise, you start by seeing how big it can grow, and plan along the line. The size and kind of business is also a serious factor that determines applicable legal rules; these are mostly in form of conditions that must be fulfilled, even before the business kick-start. Assuming you’ve already established the business and your enterprise is having a transaction with someone or another enterprise, you’ll surely want the transaction to serve the purpose of you wanting to enter into it in the first place. For some reasons you may seek to change the nature of your business, this will also require certain considerations depending on what you are changing into.
All these may be in regard to a partnership with a friend or colleague, sole business, or a corporation. Whichever it is, what you’ll get here will help make you curious about it, and also give you answers, as I will take them in bits in my subsequent posts. But let me add that in case you are already curious about something I’m yet to talk about, feel free to message me.
The best advice I can leave you with now is that you should invest; assign properties, buy properties, do your mortgage, do your sub-lease, start up a company, start up a business or invest in any. But be properly guided. Once again welcome.

