Mondaq All Regions - Nigeria: Finance and Banking
Banwo & Ighodalo
In a letter dated March 19, 2019, addressed to the leadership of the National Assembly and read at Plenary on the floor of the Senate on Tuesday, April 2, 2019, President Muhammadu Buhari declined assent to eight Bills ...
AELEX
By a letter to the Senate President dated 28th March 2019, the President of the Federal Republic of Nigeria declined to assent to the National Housing Fund (Establishment) Bill 2018 which had been earlier passed by the National Assembly.
AELEX
Technology has steadily infused every sector of the economy around the globe with unprecedented innovations; one of which is the concept of an electronic system of payment.
Famsville Solicitors
Mortgaging a ship is a form of security wherein a ship owner ("Mortgagor") gives to the lender ("Mortgagor") ...
Banwo & Ighodalo
As at December 2015, total pension assets under management stood at circa N5 trillion.
Banwo & Ighodalo
In February 2015, the National Pension Commission took the first step towards revamping the existing framework for the investment of pension fund assets in Nigeria, by issuing an exposure draft of proposed amendments ...
Andersen Tax LP
On 13 January, 2016, the International Accounting Standard Board announced the issuance of a new accounting standard: International Financial Reporting Standard 16, on leases, which took effect on 1 January 2019.
Deloitte Nigeria
The Federal Inland Revenue Service (FIRS) on Friday, 15 February 2019, instructed banks to suspend lien placed on the bank accounts of some taxpayers.
PwC Nigeria
We understand that the FIRS today wrote a letter to all banks communicating a temporary suspension of lien on accounts of taxpayers alleged to be in default of tax payments
Deloitte Nigeria
The Federal Government of Nigeria, on 25 January 2019, signed Executive Order 007 (the Order) on Road Infrastructure Development and Refurbishment Investment Tax Credit Scheme (the Scheme).
Deloitte Nigeria
Open banking, open risk.
PwC Nigeria
The Nigerian President, Muhammadu Buhari, today 19 December 2018 presented the 2019 Appropriation Bill ...
Banwo & Ighodalo
As part of its efforts to make the Nigerian business climate investment-friendly, the Federal Government of Nigeria has introduced various incentives and reliefs aimed at promoting both local and foreign investments.
Banwo & Ighodalo
The Central Bank of Nigeria recently released a "Revised Edition" of its Foreign Exchange Manual.
AELEX
The perception about African economies appears to be changing as investors are increasingly taking an interest in participating in Africa's capital markets through the use of Depositary Receipts.
Andersen Tax LP
This is in a bid to diversify the operations of the NSE and increase its access to capital.
Andersen Tax LP
The Finance Act contains key provisions to implement certain tax and regulatory changes that will significantly impact investments in Mauritius.
Benchmac & Ince
Islamic finance is a financial system that is based on adherence to the Sharia or Islamic law.
Sefton Fross
The complaint process is a pyramid, starting from a complaint letter to instituting an action in court.
Banwo & Ighodalo
The Central Bank of Nigeria ("CBN"), on June 6, 2018, issued the Regulations for Transactions with Authorized Dealers in Renminbi ("Regulations").
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Benchmac & Ince
Islamic finance is a financial system that is based on adherence to the Sharia or Islamic law.
PwC Nigeria
The Nigerian President, Muhammadu Buhari, today 19 December 2018 presented the 2019 Appropriation Bill ...
Banwo & Ighodalo
The Central Bank of Nigeria ("CBN"), on June 6, 2018, issued the Regulations for Transactions with Authorized Dealers in Renminbi ("Regulations").
Andersen Tax LP
On 13 January, 2016, the International Accounting Standard Board announced the issuance of a new accounting standard: International Financial Reporting Standard 16, on leases, which took effect on 1 January 2019.
Banwo & Ighodalo
As at December 2015, total pension assets under management stood at circa N5 trillion.
AELEX
Islamic financing has gained ground in Nigeria in recent times. Further to this, Islamic finance institutions are being set up and the government at both state and federal levels have issued sukuk bonds.
Banwo & Ighodalo
In February 2015, the National Pension Commission took the first step towards revamping the existing framework for the investment of pension fund assets in Nigeria, by issuing an exposure draft of proposed amendments ...
Famsville Solicitors
Mortgaging a ship is a form of security wherein a ship owner ("Mortgagor") gives to the lender ("Mortgagor") ...
AELEX
A Stamp Duties Amendment Bill has been introduced to the House of Representatives. The Bill seeks to expand the scope of the extant Stamp Duties Act CAP. S8 L.F.N. 2004 by making receipts...
Perchstone & Graeys
Growing economies, rely a great deal on debt financing. This type of financing, allows businesses or governments, to receive capital for an ascertainable length of time, following which it must be paid back.
Banwo & Ighodalo
The Central Bank of Nigeria recently released a "Revised Edition" of its Foreign Exchange Manual.
AELEX
Representations, covenants and events of defaults (the "Core Clauses") are the foundations of loan agreements, and a number of these clauses are often found in a loan agreement.
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