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Finance is arguably the lifeblood of an organisation and stakeholders have high expectations of the Function‘s performance.

Reserves for unexpired risks will now be determined on a time-apportionment basis. This means that tax-deduction will only be available for reserves relating to the relevant year.

Sometime in 2013, the Nigerian Postal Agency entered into an agreement with an agent to collect from banks, the sum of N50 as stamp duty on all receipts...

TIN refers to Taxpayer Identification Number whiles BVN refers to Bank Verification Number. For anyone seeking to start their business in Nigeria, TIN and BVN are two important things you must obtain.

The Lagos State Internal Revenue Service (LIRS) has issued a public notice (the Notice) on its intention to integrate the LASG-EBS Taxpayer Identification Digit (PID)

On 3 May 2023, the Nigerian government approved a National Blockchain Policy for Nigeria ("Policy"). As the leading digital economy in Africa, Nigeria is the first in the continent to adopt...

Nigeria's pension industry faces a transformative period as the National Pension Commission introduces revised minimum capital requirements for Pension Fund Administrators and Pension Fund Custodians, with a compliance deadline of 30 June 2027. This regulatory shift will compel operators and their shareholders to fundamentally reassess their capital positions, funding capabilities, and strategic direction for the future.

Though ADR mechanisms as well as modern recovery strategies play an important role in prompt debt recovery, the importance of the traditional collection methods by the Courts cannot be underrated.

Without a doubt, the more pertinent issue remains the continued stability of the financial system in spite of the current state of the economy.

Nigeria's House of Representatives has proposed a Bill for an Act to provide for tax relief, suspension of import duty on selected medical goods and deferral of residential mortgage obligations.

This article highlights basic compliance considerations local and foreign tech start-ups must take into account before taking steps to set up business operations in Nigeria.

If you have ever wondered why the concept of "ESG" is so popular among investors and business owners, it is because it refers to a variety of issues that might affect a company's potential to generate long-term value.

In some jurisdictions in Europe, the Court imposes fines and restitution costs on individuals with criminal conviction.

On September 9, 2025, United Capital Infrastructure Fund (UCIF) announced the signing of a $3.2 million dollars (approximately N5 billion naira) revolving credit facility with Nigeria's leading clean energy company, Husk Power Energy Systems Nigeria Limited (Husk Power) at the Africa Climate Summit (ACS) in Addis Ababa.

Agency banking in Nigeria is a system where banks and licensed financial institutions appoint individuals as agents to provide basic financial services...

On the 19th of October 2022, President Muhammadu Buhari signed the Startup Act (the Act). The Act is a significant legislation for the Nigerian technology and innovation ecosystem...

The Pan-African Payment and Settlement System (PAPSS), launched in January 2024, is a centralized payment infrastructure designed to facilitate faster and more cost-effective cross-border trade transactions in local African currencies. It was adopted as a key mechanism to support the implementation of the African Continental Free Trade Area (AfCFTA).