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On 28 January 2025, the Head of Tax Practice at AELEX, Mr. Theophilus Emuwa, voiced his concerns regarding the hidden non-tax costs that businesses in Nigeria face. He shared these insights...

This article examines the legal nature and implications of the loan conditionalitiesimposed by the International Monetary Fund (IMF) and the World Bank onborrowingcountries, particularly in the Global South.

In February 2024, the Nigerian equities market faced volatility, resulting in a N1.3 trillion loss for investors. The NGX All Share Index depreciated by 2.4%, breaking a four-month growth streak.

The Nigerian President on 20 June 2018 signed into law, the 2018 Appropriation Bill after several months of deliberations.

BusinessDay, 21/5./2012: "Consolidated Breweries attributes decline in profit to increasing operational costs".

In 2024, the Nigerian banking and finance sector experienced significant regulatory changes driven by the Central Bank of Nigeria ("CBN").

New leadership and the regulatory changes they bring can have a profound impact on the landscape of business operations. Following the swearing in of President Bola Ahmed Tinubu on May 29, 2023

Nigeria’s fiscal system has historically been characterised by a paradox. Despite having one of the largest economies in Africa, the country continues to record relatively low tax compliance and a narrow tax base compared with peer jurisdictions.

Nigeria is unarguably one of the largest economies in the Sub-Saharan Africa

The article would also consider the powers of the CBN to undertake and implement the instant monetary policy and the way forward for Nigeria in the midst of the resultant currency scarcity.

The UUBO Tax Trends is a bi-annual newsletter that provides an overview of significant events in the Nigerian tax landscape. This edition offers insights on domestic and international tax developments that impacted taxpayers from January to June 2023.

On 24 June 2019, the Nigeria Police Trust Fund (Establishment) Act (NPTF Act or "the Act") was enacted into law, with the overarching goal of improving...

In our last two publications on our tax policy series, we took a deep dive into the review of the provisions and core objectives of the 2025 Tax Reforms Act, specifically the Nigeria Tax Act (NTA) and the Nigeria Tax Administration Act (NTAA).

Nigeria's April 2026 policy reforms introduce sweeping changes across trade, finance, insurance and telecommunications, tightening import standards while reducing tariffs on key goods, establishing consumer protection mechanisms in insurance and digital lending, and mandating service quality compensation in telecoms.

The Finance Act 2019 (the "Finance Act") was passed into law on 13th January 2020 and came into effect. on the same date.

The banking regulations in Nigeria embodies various legislations and supervisory regulations.

The recent debacle that the CBN's currency change just around Nigeria's 2023 general elections represented, the magnitude of avoidably huge (and in some cases irreparable) losses, the untold...