Article
When A Signature Becomes A Liability: Understanding The Concept Of Guarantorship Under Nigerian Law
The concept of Guarantorship is often taken for granted in Nigeria. The seemingly small request we now hear from friends, family members or even colleagues can be captured in the following sample appeal: “I collected one small loan, and I need you to be my guarantor. Please just sign here, I already know how to pay back; it will not be a big deal.”
S.P.A. Ajibade & Co.