On August 12, 2021 a proposed bill to repeal the National Information Technology Development Agency Act, 2007 was made public at the National Assembly. The bill has since then, garnered much public interest.
Banwo & Ighodalo
Recently, the Central Bank of Nigeria ("CBN") issued a directive to commercial banks that they publish the personal information of customers that breaches the provisions of its PTA/BTA guidelines...
PUNUKA Attorneys & Solicitors
An independent director is a non-executive director with no material or pecuniary connection to the Company, other than approved directors' remuneration and sitting fees.
Fred-Young & Evans
The Federal Capital Territory (FCT) Abuja, Nigeria's capital is gradually becoming a renowned city in Africa.
J-K Gadzama LLP
Private Client Comparative Guide for the jurisdiction of Nigeria, check out our comparative guides section to compare across multiple countries
On November 12, 2020, President Muhammadu Buhari signed the Banks and Other Financial Institutions Act 2020 into law and thereby effectively repealed the erstwhile Banks and Other Financial Institutions Act 1991.
FIRS has issued a Public Notice imposing 30 November 2021 deadline for expiration of waiver of penalty and interest for companies with outstanding companies income tax returns for 2021 year of assessment.
His Excellency, the President of the Federal Republic of Nigeria, Muhammadu Buhari, GCFR, yesterday 7 October 2021, presented the 2022 Federal Government Budget Proposal at the joint session of the National Assembly in Abuja.
In recent times, the dependency on internet access and social media platforms has been incredibly fundamental. The internet is adopted more widely and used more intensely across countries...
As an update on our article on countries that were placed on the red-list in Nigeria, we would like to bring to your attention that India was removed from the list on the 13th of September 2021...
For more than a decade, public companies in the USA, Canada, Brazil, Turkey, and more have been required to implement Internal Control over Financial Reporting, especially as part of issuer audits.
On the 1st of October 2021, the Central Bank of Nigeria in furtherance of its mandate to issue legal tender currency, ensure financial system and promote the development of electronic payments system under the CBN Act 2007 ...
Trademarks are unique marks or a combination of marks used to distinguish the goods or services offered by a business. Trademarks of successful businesses are often subject to infringement by competitors attempting to exploit their good will.
J-K Gadzama LLP
International Arbitration Comparative Guide for the jurisdiction of Nigeria, check out our comparative guides section to compare across multiple countries
Alex Izinyon & Co.
Aviation Finance Comparative Guide for the jurisdiction of Nigeria, check out our comparative guides section to compare across multiple countries
S.P.A. Ajibade & Co.
The Nigerian National Petroleum Corporation ("NNPC") is required under the new Petroleum Act ("PIA") 2021 to change its structure to a ‘commercially viable' entity in the form of a limited liability company.
S.P.A. Ajibade & Co.
IP rights have become increasingly relevant in today's innovation-driven economy. They play significant roles in the growth of businesses and constitute a considerable portion...
The Honourable Minister of Finance, Budget and National Planning, Mrs. Zainab Shamsuna Ahmed, on 10 June 2021 approved the Tax Appeal Tribunal (Procedure) Rules, 2021, pursuant to her powers under Section 61 ...
Tax dispute resolution is an important part of any modern tax administrative system and an important element of a tax administrative system, is the ability for disputes to be resolved fairly.
One fundamental aspect of the maritime industry is the right given to claimants in maritime disputes, based on certain procedures, to arrest a ship as security for their claims.