Mondaq All Regions - Nigeria: All Topics
Deloitte Nigeria
The Federal Executive Council (FEC) of the Federal Government of Nigeria (FGN) on Wednesday, 11 September 2019, approved a 50% increase in the Value Added Tax (VAT) rate applicable...
Deloitte Nigeria
The Federal Inland Revenue Service (FIRS) recently released the Income Tax (Common Reporting Standard) Regulations (The Regulations).
Andersen Tax LP
On 11 September 2019, the Federal Executive Council (FEC) approved an increase in Value Added Tax (VAT) rate from 5% to 7.2%.
PwC Nigeria
The Federal Inland Revenue Service (FIRS) has issued the Income Tax (Common Reporting Standard) Regulations, 2019 (CRS Regulations).
Andersen Tax LP
On 24 June 2019, the Nigerian President signed the Nigeria Police Trust Fund (Establishment) Bill ("Police Trust Fund Act" or "the Act") into law.
Deloitte Nigeria
The Federal Government of Nigeria (FGN), recently made public the Nigeria Police Trust Fund (Establishment) Act, 2019 ...
Banwo & Ighodalo
The Act has significant tax implications for companies carrying on business operations in Nigeria.
Andersen Tax LP
The taxation of services supplied by non-resident foreign companies (NRCs) to Nigerian companies has been an issue of great debate in recent times.
AELEX
Stanbic Ibtc Holding Plc had purchased a banking software, which it customised and sold to its South African parent company. The Software was subsequently licensed to the bank for an annual licence fee.
Fred-Young & Evans
In Suit No. FHC/ABJ/CS/203/2019; Emmanuel Ekpenyong Esq. v. Attorney General and Minister of Justice of the Federation, the Federal High Court, Abuja Judicial Division by a Judgment dated 10th June 2019, ...
S.P.A. Ajibade & Co.
The Land Use Act (formerly called the Land Use Decree) Chapter 202 of the Laws of the Federation of Nigeria 1990, is:
S.P.A. Ajibade & Co.
The Nigerian Court of Appeal (Lagos Division) recently quashed the decision of the (trial) Federal High Court and held that the non-registration of a technology transfer agreement
Fragomen
The Nigerian Immigration Services (NIS) has implemented a new requirement for biometric registration of foreign nationals who remain in Nigeria for over 90 days.
S.P.A. Ajibade & Co.
Artificial Intelligence (AI) is no longer news. Over the past few decades, the increasing sophistication of digital technologies and AI have crept into the fields of finance
PwC Nigeria
The Nigerian Police Trust Fund Act (the "Act") was passed by the National Assembly in April 2019, and signed into law by the President on 2 July 2019.
Andersen Tax LP
On 20 August 2019, the Tax Appeal Tribunal (TAT or Tribunal) sitting at Enugu, held that a taxpayer may not be liable to taxes (including interest and penalties)
Deloitte Nigeria
Cloud is not the future or an emerging trend anymore—it is the present and is a critical tool for financial institutions to stay competitive in today's challenging business environment.
AELEX
The introduction of the internet in the late 20th century has changed how we live, work and carry out transactions.
PwC Nigeria
The Tax Appeal Tribunal (TAT or Tribunal), in Polaris Bank v. Abia State Board of Internal Revenue has made pronouncements on a number of different tax matters including:
Deloitte Nigeria
In Africa, large infrastructure gaps remain an obstacle to growth, investment and economic diversification.
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Strachan Partners
Nigeria is the largest market in Africa and one of the fastest growing countries in the world. The country has a thriving and relatively easy business environment with numerous investment opportunities in various sectors.
Benchmac & Ince
Nigeria is unarguably one of the largest economies in the Sub-Saharan Africa
Strachan Partners
Tax administration in Nigeria is vested in the three tiers of government.
Deloitte Nigeria
President Muhammadu Buhari has signed the 2019 budget of the Federal Government of Nigeria into law. The Budget, which was signed on Monday, 27 May 2019,
Lex Artifex, LLP
A Non-Governmental Organization ("NGO") is a body or association of persons registered as "Incorporated Trustees" under Section 590 of the Companies and Allied Matters Act, Cap C20 Laws of the Federation 2010...
Resolution Law Firm
A company is a corporate structure with separate legal personality status. It is statutorily regulated and incorporated for the purpose of profit maximization.
Banwo & Ighodalo
The Central Bank of Nigeria ("CBN"), on June 6, 2018, issued the Regulations for Transactions with Authorized Dealers in Renminbi ("Regulations").
Banwo & Ighodalo
In exercise of its statutory powers and regulatory functions, the NAICOM, recently reviewed the minimum paid-up share capital requirement for all classes of insurers doing business in Nigeria.
Famsville Solicitors
Visitors and Persons desirous of taking up employment/residence in a number of Countries are expected to be of good character and will be assessed against the character requirements.
Deloitte Nigeria
President Muhammadu Buhari provided a sneak peek into Nigeria's fiscal direction for 2019 on Wednesday, 19 December 2018, as he presented the 2019 Budget of the Federal Government of Nigeria ...
AELEX
As a starting point, the legal and regulatory facet of cybercrime and cybersecurity will be considered.
Famsville Solicitors
This article outlines the steps and requirements for obtaining work and residence permits in Nigeria.
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