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  • Article

    Legal Issues Arising From The Appointment Of Banks As Agent For Tax Collection By FIRS

    The exercise of the powers in Section 31 FIRS Act marks a new approach towards tax enforcement in Nigeria.
    NigeriaTax
    Adebiyi Tax & Legal
    Adebiyi Tax & Legal
  • Article

    Minister Of Finance Issues VAT Modification Order

    The Honourable Minister of Finance, Budget and National Planning ("the Minister") recently issued the Value Added Tax ("VAT") Act (Modification Order), 2020 ("the Order"), which is effective from 3rd February, 2020.
    NigeriaTax
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

FIRS Begins Audit And Recovery Of Back-Years Stamp Duties

On 30 June 2020, an Inter-Ministerial Committee for the Audit and Recovery of Back-Years Stamp Duties (the committee) was inaugurated and the Federal Inland Revenue Service (FIRS)...
NigeriaAccounting and Audit
PwC Nigeria
PwC Nigeria
  • Article

    Lagos State Government Reduces LUC Rates And Waives Penalties

    On 5th August, 2020, the Lagos State Commissioner for Finance, Dr. Rabiu Olowo, informed the general public that the Lagos State Government has reviewed its Land Use Charge ("LUC")
    NigeriaCoronavirus (COVID-19)
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    Finance Bill, 2019 And Its Impact On Nigerian Businesses

    The President of the Federal Republic of Nigeria, President Muhammadu Buhari, recently presented the Nigerian Tax and Fiscal Law (Amendment) Bill, 2019 (the Finance Bill)
    NigeriaCorporate/Commercial Law
    Detail Commercial Solicitors
    Detail Commercial Solicitors
  • Article

    Listing Process Of Solid Mineral Companies In Nigeria

    The challenges associated with obtaining debt finance for a Mining Company in Nigeria is enormous. This is reasonably so because the challenges of the sector have over the years developed the
    NigeriaCorporate/Commercial Law
    Punuka Attorneys and Solicitors
    Punuka Attorneys and Solicitors
  • Article

    Update On The New Rules And Sundry Amendments To The Rules Of The Securities And Exchange Commission

    On the 19th October 2018, the Security and Exchange Commission ("SEC") published new rules as well as amendments to existing rules of the Commission.
    NigeriaCorporate/Commercial Law
    Bloomfield LP
    Bloomfield LP
  • Article

    Leveraging Digital Forensics To Mitigate The Risk Of Financial Fraud

    It encompasses a wide range of techniques and methodologies aimed at uncovering, interpreting, and presenting digital evidence in a legally admissible manner.
    NigeriaCriminal Law
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    Future-Proofing Investments: Legal Strategies For Adapting To Green Finance Regulations In Nigeria

    As the global focus shifts towards sustainability financing and investment, future proofing finance has become a critical component of the financial sector.
    NigeriaFinance and Banking
    Stren and Blan Partners
    Stren and Blan Partners
  • Article

    Minister Of Finance Approves TAT (Procedure) Rules, 2021

    The Honourable Minister of Finance, Budget and National Planning, Mrs. Zainab Shamsuna Ahmed, on 10 June 2021 approved the Tax Appeal Tribunal (Procedure) Rules, 2021, pursuant to her powers under Section 61 ...
    NigeriaFinance and Banking
    KPMG in Nigeria
    KPMG in Nigeria
  • Article

    New CBN Measures On Diaspora Remittances: What They Mean For Market Participants

    On March 24, 2026, the Central Bank of Nigeria (CBN) issued a circular on Measures to Further Deepen Diaspora Remittances and Compliance (the “Circular”).
    NigeriaFinance and Banking
    Pavestones
    Pavestones
  • Article

    New Central Bank Of Nigeria Guidelines For Open Banking In Nigeria: First In Africa

    On the 7th day of March 2023, the Central Bank of Nigeria ("CBN") set a record in Africa, by releasing the Operational Guidelines for Open Banking in Nigeria ("Guidelines"), thereby making...
    NigeriaFinance and Banking
    Pavestones
    Pavestones
  • Article

    New Licence Categorisations For The Nigerian Payments System

    On 10th December 2020, the Central Bank of Nigeria ("CBN") issued a Circular dated 9th December 2020 on a new licence categorisation for payments system in Nigeria ("Circular").
    NigeriaFinance and Banking
    TNP
    TNP
  • Article

    Nigeria's Central Bank Governor Faces Imminent Removal

    A change in leadership is impending at Nigeria's central bank as the country prepares for a presidential election. Bank governor Godwin Emefiele is entangled in a political web that has resulted...
    NigeriaFinance and Banking
    Songhai Advisory LLP
    Songhai Advisory LLP
  • Article

    Nigerian Legislators Pressure Central Bank Governor

    In a House of Representatives session illustrative of Nigeria's current fraught economic environment, MPs yesterday (5 Oct) debated the tenure of central bank governor Godwin Emefiele.
    NigeriaFinance and Banking
    Songhai Advisory LLP
    Songhai Advisory LLP
  • Article

    Positioning Your Business Against Foreign Exchange Risks

    This article aims to create awareness on the impact of exchange risks and measures to put in place to stay protected, which would help the company's business model.
    NigeriaFinance and Banking
    Forvis Mazars
    Forvis Mazars
  • Article

    Procedure For Repatriation Of Capital & Profits In Nigeria

    Repatriation of capital and profits are very crucial matters for foreigners who are investing r seeking to invest in Nigeria.
    NigeriaFinance and Banking
    Resolution Law Frim
    Resolution Law Frim
  • Article

    Recent Changes In The Payout Options For Diaspora Remittances

    The Central Bank of Nigeria (the "CBN") regulates the operation of International Money Transfer Operators ("IMTOs") in Nigeria.
    NigeriaFinance and Banking
    Udo Udoma & Belo-Osagie
    Udo Udoma & Belo-Osagie
  • Article

    Stocks Slump For Nigerian Banks After Central Bank's Forex Ban For Unpaid Remittances

    Investors sold shares in nine Nigerian banks one day after the central bank barred the banks from trading in the forex market. The banks were barred on August 23.
    NigeriaFinance and Banking
    Songhai Advisory LLP
    Songhai Advisory LLP
  • Article

    Unit Trust Schemes In Nigeria What Are The Peculiar Tax Issues?

    The decision to operate a unit trust scheme or invest in one should not be made without a good understanding of the tax implications.
    NigeriaFinance and Banking
    Deloitte Nigeria
    Deloitte Nigeria
  • Showing 221–240 of 1299 results

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