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PwC Nigeria
The FIRS circular on the taxation of Real Estate Investment Companies (REICs) is further to the recent amendments made by the Finance Act (FA), 2019 to the Companies Income Tax Act (CITA).
PwC Nigeria
The FIRS Circular reproduces some of the amendments to the SDA, such as the inclusion of electronic documents as instrument liable to stamp duties, electronic stamping and denoting of...
Aekley Solicitors
All companies are faced with the unending need to access more capital and consequently, the appetite to adopt innovative and creative methods of raising funds with minimal liability is increasing.
Udo Udoma & Belo-Osagie
In less than seventy days, all R e p o r t i n g F i n a n c i a l Institutions will be required to file their first set of Information Returns in compliance with Income Tax Regulations.
LeLaw Barristers & Solicitors
Financial Inclusion (FinInc) has recently become an increasingly significant topic amongst all stakeholders (both public and private sectors), in Nigeria`s financial service industry (FSI).
LeLaw Barristers & Solicitors
It is no longer news that Nigerian banks are continually looking for better ways to improve their service delivery to customers, thereby making banking transactions easy, efficient and more secured.
The Finance Act 2019 introduces several changes to Nigerian tax laws. Some key changes introduced by the Finance Act are identified below:...
Tunde & Adisa
Secured creditors have greater options than unsecured borrowers in insolvency.
In the last few years, businesses, ranging from limited liability companies to companies limited by guarantee
Deal HQ Partners
The Appropriation Bill was signed into law by the National Assembly on the 5th December, 2019 and assented by the President on the 17th December 2019.
AAA Chambers
The AMCON Act was also amended in 2015 and known as the AMCON Amendment Act, 2015 precisely on 25th May 2015.
AAA Chambers
To maintain and grow a functional economy, investors often require loans which are made available by commercial banks and other financial institutions using its depositors' funds upon security furnished for the repayment of such loans by the borrowing investors.
Brooks & Knights
The Nigerian Securities and Exchange Commission (SEC) has decided to develop a derivatives trading market in Nigeria.
Brooks & Knights
In 2019, the CBN issued a directive to all banks in Nigeria vide a circular titled, Letter to All Banks – New Offer Letter Clause for Credit Facilities2 dated August 26, 2019 in which the...
Brooks & Knights
The Finance Act 2020 was enacted by the National Assembly of the Federal Republic of Nigeria to amend eight (8) tax legislations viz Companies Income Tax Act, Value Added Tax Act,...
The ways in which an average Nigerian approaches financing has changed drastically within the past decade and the current financial services market is a reflection of this.
Famsville Solicitors
Financial institutions, the banks and the microfinance banks evolve to meet these needs and demands of loans.
Banwo & Ighodalo
As part of efforts to boost job creation, particularly among Nigerian youths, the Central Bank of Nigeria ("CBN"), in collaboration ...
PwC Nigeria
The long awaited 2019 Finance Act has been published in the Gazette with a commencement date of Monday 13th January 2020 being the date it was signed into law by President Muhammadu Buhari.
Andersen Tax LP
There is a general consensus that the Finance Act 2019 (the Act), is a welcome legislation which addresses some of the major issues identified in our tax laws over the years.
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