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1
Reps Commences Investigation on the Non-Remittance of NSITF Levy
The House of Representatives (HOR) has commenced an investigation on the non-remittance of the Nigeria Social Insurance Trust Fund (NSITF) levy by companies
Nigeria
17 Oct 2019
2
Tax Appeal Tribunal Rules On Validity Of Electronic Service Of Objection Against Tax Assessment, Penalty For Filing Incorrect Tax Returns, And Related Matters
The Tax Appeal Tribunal, Lagos Zone ("TAT" or the "Tribunal"), in Earth Moving International Ltd. v FIRS (unreported judgement delivered on September 17, 2019 in Appeal
Nigeria
17 Oct 2019
3
The Current Discontent Between The Discos And Nigerian Electricity Consumers Over Non-Compliance With The Performance Agreement On Metering
Recently, 3 persons who are close to the writer shared their respective experiences with their electricity distribution companies (Discos) concerning lack of electricity meters...
Nigeria
17 Oct 2019
4
Understanding The Process Of Obtaining Grant Of Probate And Letters Of Administration At The Probate Registry (The Lagos Example)
In Lagos State, as in other States in Nigeria, the Probate Registry, under the supervision of the High Court, has the exclusive jurisdiction to issue grants of probate...
Nigeria
16 Oct 2019
5
New Regulatory Frameworks To Govern Electronic Payments & Collections And Issuance Of Bankers Acceptances & Commercial Papers In Nigeria
The Central Bank of Nigeria ("CBN") is the apex regulator of Nigeria's monetary and financial sectors and has statutory powers to issue regulations...
Nigeria
16 Oct 2019
6
Enforcement of Foreign Judgments Comparative Guide
Enforcement of Foreign Judgments Comparative Guide for the jurisdiction of Nigeria, check out our comparative guides section to compare across multiple countries
Nigeria
16 Oct 2019
7
Cross-Border Disputes: English Court Adjourns Enforcement Of Arbitral Award Pending Nigerian "Set Aside" Application But Orders Security
In AIC Limited v The Federal Airports Authority of Nigeria [2019] EWHC 2212, the English High Court adjourned an application made by AIC Limited ("AIC"), ...
Nigeria
16 Oct 2019
8
New Payment Regulations Open The Door To MNOs In Nigeria
For example, the regulations require PSBs to issue cards and install ATMs rather than giving them the option of a purely digital proposition.
Nigeria
16 Oct 2019
9
Unprecedented Global Drive For Tax Transparency – The Nigerian Perspective
In the last few years, the international tax space has experienced an unprecedented drive to achieve increased transparency in the tax practices of Multinational Enterprises
Nigeria
15 Oct 2019
10
The African Continental Free Trade Agreement: An Opportunity For The e-Commerce/Fintech Ecosystem
Since the days of old, the growth of commerce has always been determined by outreach.
Nigeria
14 Oct 2019
11
Applicability Of Vat On Real Estate Transactions In Nigeria
This fear has in fact become a reality, especially when it comes to real estate.
Nigeria
14 Oct 2019
12
Diamond And Access Bank Merger - Changing Financial Landscape In Nigeria
The Nigerian banking sector is no stranger to mergers and acquisitions.
Nigeria
14 Oct 2019
13
Challenges Facing The Fintech & E-Commerce Industries In Nigeria
The emergence of FinTech and e-commerce has been a welcome change to global commercial transactions.
Nigeria
14 Oct 2019
14
FIRS To Introduce e-Filing For Transfer Pricing Returns In 2020
The Federal Inland Revenue Service (FIRS), in its bid to enhance efficiency in tax administration, is set to automate the process of filing transfer pricing (TP) returns.
Nigeria
14 Oct 2019
15
An Overview Of The Income Tax (Common Reporting Standard) Regulations 2019
In the wake of an increasing need for tax administrations across the globe to protect their tax base from tax evasion and avoidance, there has been increasing focus on transparency ...
Nigeria
14 Oct 2019
16
Lagos State Transport Sector Reform Law 2018
In an island with over 6 (six) million active people who are always on the move, the keywords in the transport system have to be safe, fast, effective and efficient.
Nigeria
11 Oct 2019
17
Intellectual Property Considerations In Mergers And Acquisitions
Intellectual property rights (IPRs) can be very valuable assets and ought to be considered, like other proprietary rights, in merger and acquisition transactions.
Nigeria
11 Oct 2019
18
FIRS To Deploy E-Filing Platform For Transfer Pricing Related Returns
In 2017, the Federal Inland Revenue Service (FIRS) announced the introduction of six (6) new electronic services.
Nigeria
11 Oct 2019
19
Regulatory Summary Of 2018 – Corporate Tax
Just recently, the Executive Chairman of Federal Inland Revenue Service ("FIRS") announced that its revenue generation target for 2019 is N8 Trillion
Nigeria
11 Oct 2019
20
FIRS Releases Income Tax (Common Reporting Standard) Implementation And Compliance Guidelines 2019
The Federal Inland Revenue Service (FIRS) has issued the Income Tax (Common Reporting Standard) Implementation and Compliance Guidelines (the "guidelines").
Nigeria
11 Oct 2019
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