Devoid of any vituperations, it’s a truism to say that many people are green-horns in the area of intellectual property. Intellectual property is an emerging area of law and considering growing number of people harnessing their intellectual capacity and productivity, it’s worthwhile to know the rights accruing to such individuals and the duration of such rights. Nigeria being blessed with abundant natural resources is also blessed with talented people. Everyday we see upcoming artists being signed up, writers publishing their manuscripts and cinematographers producing their movies. However, many of these individuals do not have an idea about the rights they have over these IPs (intellectual property) nor the duration of such rights. This paper will appraise the tenable intellectual property rights and the duration of such rights using available legislations.