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On 24 June 2019, the Nigerian President signed the Nigeria Police Trust Fund (Establishment) Bill ("Police Trust Fund Act" or "the Act") into law.

A loan officer approves a facility for a long-standing customer, a trusted SME owner known for never defaulting. The business seems healthy, projections are strong, and the numbers look promising.

The Federal Government of Nigeria (FGN), recently made public the Nigeria Police Trust Fund (Establishment) Act, 2019 ...

Sentinal will allow integrated payment service providers to deduct taxes at transaction-points and remit same directly to Government's Treasury.

The Nigerian Ministry of Interior recently released a circular informing the public of a revised Handbook on Expatriate Quota Administration for 2022 which was published on the ECitibiz portal.

The apex regulator of the insurance sector, National Insurance Commission ("NAICOM") in 2019 issued directives for the increase in the minimum paid-up share capital requirement for all

Information technology continues to significantly impact the development and growth of the capital market in Nigeria and the world over. The Securities and Exchange Commission ("SEC"), in an effort to ensure...

On 11 July 2019, the National Information Technology Development Agency (NITDA) issued a Press Statement disclosing its ongoing investigation of alleged breach of data privacy rights of Nigerians by some identified Data Controllers.

On Monday 13 January 2020, President Muhammadu Buhari signed the Finance Bill 2019 into law.

Other than fund domicile, perhaps the most important consideration when setting up a venture capital fund in Nigeria is tax planning and tax leakage avoidance. For angel investors, venture capital funds, private equity...

The Nigeria Tax Act 2025 has clarified and expanded the legal basis for the taxation of non-residents in Nigeria. Under the Nigeria Tax Act 2025, non-resident persons can now be taxed under four broad categories, namely...

Hey there! As a business family, have you wondered how you can seamlessly sustain your success across generations in our peculiar business landscape...

Uganda Registration Services Bureau, Uganda's corporate entity registry made the registration of business names easy for citizens with the e-Services portal. A business name is the name or style...

The Court of Appeal has resolved a critical question that has persisted since CAMA 2020's enactment: whether private companies incorporated before the new legislation can operate with a single shareholder. This landmark decision clarifies the availability of the single-shareholder structure for all private companies, regardless of their incorporation date, offering significant implications for corporate ownership flexibility in Nigeria.

The third quarter of 2026 brought significant activity across Nigeria’s dispute resolution landscape – from Compos Mentis’ own expansion into institutional ADR, to landmark Supreme Court rulings on banking mergers, maritime jurisdiction, and legislative powers, as well as notable developments in data protection and international commercial arbitration. This edition of the Dispute Resolution Digest covers the key developments.

The Petroleum Industry Bill (PIB) is currently under deliberation for passage at the National Assembly after the numerous setbacks to its enactment since 2007.

Fintech is an acronym for financial technology. It has been a thriving aspect of Technology in the past few years. It is a term used to describe the use of technology to improve financial services.

The UK's Economic Crime and Corporate Transparency Act 2023 introduces the concept of "Failure to Prevent Fraud," which holds large organizations accountable...