Intellectual property is a very important aspect of human life becauseit is the root of greatest innovations the world has ever experienced.Despite this, it has been recorded as one of the mostly-infringedhuman rights in this century. This is so because, although it usuallycome from unique perspective of people, it is nevertheless easy tosteal without attracting much attention. The law, while performingits role of ensuring justice in the human society through protectionof rights, attend to this problem by setting up some guidelines onhow this property should be used. The impact of intellectualproperties is mostly recognized in the economic aspect of humanendeavour for it is the backbone of trading. In order to understandthe importance of this property on businesses, Small and MediumEnterprises (SMEs) especially as this paper is concerned, and howthe law has been seeking to protect it, this paper is written.

The Court is said to be the arbiter of justice and order. Knowing thatjustice is largely subjective, one is therefore tempted to test orinterrogate how the Court achieves or grasps such a concept for thepurpose of practical application. This adventure is undoubtedlyinteresting as it exposes one to how the Court arrive at certainseemingly interesting decisions. This paper takes the view thatlanguage, logic, and law are the three devices that the Court apply inits quest to ascertain justice when parties submit disputes before it.

Every sane person is presumed to have the capacity to enter into alegal contract. However, the law places the risk of contracting withan infant on the adult by establishing an age rule under which theinfant is irrefutably presumed incompetent to contract, but only ifthe minor raises the issue at the point of performance of the contract.The lack of minor accountability regarding contractual obligationsmust be reconsidered to advance electronic commerce.Utilizing the doctrinal research methodology, this paper seeks toexamine the principles relating to infant capacity to contract in lightof the sophisticated nature of commercial transactions in whichminors are regularly engaged in in today’s society.

Legislation is not just a science, it is an art that involves skills andcrafts. Legislative drafting is not just about drafting the law but alsocommunicating the law to the society. As a result, drafting oflegislations and quality bills involve a rigorous process to achieve theintention of the lawmakers and purpose for which the legislation ismade.In Nigeria like the rest of the world, there are challengesduring the process of drafting quality bills. Therefore, the focus ofthis paper would be to discuss the challenges in Nigerian legislativedrafting and viable and workable solutions would be provided hereinfor there to be improvement of the quality of bills and legislations inNigeria.

In recent years, the financial sector has witnessed the introductionand adoption of digital banking and other payment solutions otherthan traditional banking. Fintech Startups have sprung up tocomplement the existing participants by leveraging technology andthe internet to ease the conduct of financial transactions.Consequently, traditional banks have transitioned in part to digitalbanking where they render digital services using mobiletechnologies such as mobile apps and websites. This has led to therapid growth of the electronic payment system in Nigeria.Regulations must thus exist to administer the operation of thiscomposite system of payment. This paper critically examines theavailable regulations and addresses the challenges in the regulatoryregime of Payment Systems in Nigeria, paying requisite attention toPayment Service Providers.