Mondaq All Regions - Nigeria: All Topics
S.P.A. Ajibade & Co.
In the face of the present economic challenges in Nigeria and the apparent global stance on oil
S.P.A. Ajibade & Co.
The Nigerian market has witnessed a recent rise in the use of derivatives especially in transactions involving foreign counterparties.
S.P.A. Ajibade & Co.
Adam Smith, had theorized that the concept of absolute advantage comes into play where one country would have complete economic advantage over another if it can produce the same amount...
Fred-Young & Evans
The main requirement for Courts to have jurisdiction in relation to matrimonial causes proceedings is domicile in Nigeria.
Deloitte Nigeria
Upgrading to the latest International Financial Reporting Standards (IFRS 9) is a large transformational event for all financial institutions, regardless of their size and complexity.
PwC Nigeria
There is no prescription in the labour law regarding removal expenses and relocation allowances payable to or on behalf of an employee that changes the location of residence for work purposes
S.P.A. Ajibade & Co.
The pioneer status incentive scheme which is governed by the Industrial Development (Income Tax Relief) Act, Cap. 179 Laws of the Federation...
Fred-Young & Evans
The basis of money laundering arise from the intention of persons involved in illicit businesses or crimes or government officials with proceeds from corruption who want monies obtained from these illegal sources ...
PwC Nigeria
The tax authorities are seeking to limit the amount that can be made by an employee as VC to one-third of the employee's salary based on the provisions of S.5(7) of the Labour Act.
Deloitte Nigeria
The Joint Tax Board (JTB) recently issued a public notice (the Notice) on the perceived abuse of voluntary pension contribution (VPC) scheme by employees as a means of avoiding personal income tax.
Deloitte Nigeria
The Lagos State Internal Revenue Service (LIRS) recently issued a public notice to all employers, company owners and their representatives, employees, ...
PwC Nigeria
The Kano State government recently introduced a 5% consumption tax payable on the consumption of goods and services in any hotel, restaurant, eatery, bakery, takeaway, suya spot, shopping mall, store, event centre ...
PwC Nigeria
Yesterday (17 August 2017), Nigeria became a signatory to two major international multilateral instruments to address tax avoidance and evasion. These are the OECD's Multilateral Convention...
Deloitte Nigeria
The primary aim of new National Tax Policy is to introduce new strategies that will enable government achieve its objectives of creating an enabling environment for businesses to thrive while simplifying the tax system.
Deloitte Nigeria
The Chairman of Federal Inland Revenue Service (FIRS); Mr. Babatunde Fowler, on Thursday 17 August 2017, signed the following agreements:
Fred-Young & Evans
The main legislation regulating employment and labour relations in Nigeria is the Labour Act CAP. L1, Laws of the Federation of Nigeria, 2004.
PwC Nigeria
The Comptroller General ​(CG) ​of the NIS, Mr. Mohammed Babandede, cited the harmonisation of data and ease of business in Nigeria as the reasons for this directive.
Deloitte Nigeria
The Lagos State Internal Revenue Service (LIRS) recently commenced issuance of notices to employers requesting submission of mid-year salary projections for employees in respect of 2017 tax year.
PwC Nigeria
Today 29 June 2017, the Acting President, Prof. Yemi Osinbajo, SAN formally launched the Voluntary Assets and Income Declaration Scheme (VAIDS).
PwC Nigeria
A new Pioneer Status Incentive regime has been introduced.
Most Popular Recent Articles
Fred-Young & Evans
A Cooperative Society is a voluntary association of individuals, united by common bond, who have come together to pursue their economic goals for their own benefits.
Fred-Young & Evans
The Childs Right Act, 2003 provides for adoption of a child in Nigeria.
Sefton Fross
Generally, Garnishee proceedings is done in two different stages. The first stage is for the garnishee order nisi, while the second stage is for the garnishee order absolute.
Sefton Fross
An example of such intervention mechanism is the creation of a priority list for accessing the available FX, including to the manufacturing and oil and gas sector.
S.P.A. Ajibade & Co.
However, this right to own immovable property like every other right is not absolute but subject to certain qualifications.
S.P.A. Ajibade & Co.
The Copyright Society of Nigeria is the sole collecting society licensed by the Nigerian Copyright Commission (NCC) to manage the rights and the repertory of musical works belonging to its member-artistes
Fred-Young & Evans
In order to survive in business in the current economic downturn in Nigeria, Employers may have to terminate the employment of their redundant staff.
S.P.A. Ajibade & Co.
On 30th May, 2017 the Acting President of Nigeria, Professor Yemi Osinbajo assented to the Bill on Secured Transactions in Movable Assets (Collateral Registry Act).
S.P.A. Ajibade & Co.
In December 2009, a Federal High Court in Asaba, Delta State discharged and acquitted James Onanefe Ibori of all 170 charges of corruption brought by the Economic and Financial Crimes Commission (EFCC).
Fred-Young & Evans
Mergers, Acquisitions and Takeovers in Nigeria are governed by the Investments and Securities Act, the Securities and Exchange Rules and Regulations made pursuant to ISA, and the Companies and Allied Matters.
Perchstone & Graeys
Employment law in Nigeria is not founded on the provisions of a single statute. Rather, it is dispersed in different legislation that together provides the framework.
Fred-Young & Evans
The Provisions of the Companies and Allied Matters Act (CAMA) and a Company's Article of Association ("Articles") provides for the transfer and transmission of shares of the shareholders of the Company.
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