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  • Article

    Enhancing Pension System Governance Through Accreditation Of Agents

    The recent licensing of Awabah as the first Accredited Pension Agent (APA) by the National Pension Commission (PenCom) marks a significant evolution in Nigeria’s pension landscape. This initiative aims to enhance pension coverage, particularly for self-employed individuals and workers in the informal sector, who hitherto faced barriers in accessing pension systems. In addition, recognizing the role of intermediaries introduces a system of compliance and accountability that is vital for ensuring
    NigeriaEmployment and HR
    Jackson, Etti & Edu
    Jackson, Etti & Edu
  • Article

    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
Finance and Banking
Banwo & Ighodalo
Banwo & Ighodalo
  • Article

    Private Equity - Regulatory Summary Of 2018

    A survey carried out by the African Private Equity and Venture Capital Association (AVCA) in 2018 indicates that Private Equity and Venture Capital (PE) activity in Africa has been increasingly consistent
    NigeriaCorporate/Commercial Law
    TNP
    TNP
  • Article

    Tax Appeal Tribunal Rules That Withdrawal Of Voluntary Pension May Be Taxable But It Is Not The Responsibility Of The Employer

    The Lagos Internal Revenue Service (LIRS) following a tax audit for 2013 and 2014 years of assessment issued a Notice of Refusal to Amend (NORA) to Nexen Petroleum
    NigeriaTax
    PwC Nigeria
    PwC Nigeria
  • Article

    Inside Tax : Issue 38 - Pension Contribution As A Tool For Investment And Tax Planning

    The enactment of the Pension Reform Act 2004 changed the landscape for retirement benefit planning in Nigeria.
    NigeriaTax
    Deloitte Nigeria
    Deloitte Nigeria
  • Article

    Pension Contributions – Is It For Everyone?

    It was a Friday like any other for Mr. Paul, a 65 year old Accountant working with a medium sized organisation. Mr. Paul stepped into the office complex at his usual punctual time holding his black brief case and with a smile on his face.
    NigeriaEmployment and HR
    Perchstone & Graeys
    Perchstone & Graeys
  • Article

    SEC's Draft Rules Facilitate Pension Funds' Investment In Commercial Papers

    On December 3, 2024, the National Pension Commission ("PenCom"), in a circular referenced "PenCom/TECH/ISD/2024/403"...
    NigeriaEmployment and HR
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Tax Appeal Tribunal's Judgement On Employer's Obligation To Remit Tax On Voluntary Pension Contribution Withdrawals

    the employer, as an agent of collection on behalf of the government, does not have any further obligation with respect to other income of the employee outside employment income
    NigeriaTax
    Deloitte Nigeria
    Deloitte Nigeria
  • Article

    Wealth Planning Considerations For High Net Worth Individuals And Family Businesses

    Managing financial and non-financial assets, preservation of wealth, succession planning and wealth transition, tax compliance and efficiency, retirement planning remain some of the many key objectives...
    NigeriaWealth Management
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    National Pension Commission Issues Circular On Voluntary Contributions Under The Contributory Pension Scheme

    The National Pension Commission (PenCom or "the Commission") has issued a Circular (‘the Circular') on "Emerging Matters on the Payment of Voluntary Contribution (VC)...
    NigeriaEmployment and HR
    KPMG in Nigeria
    KPMG in Nigeria
  • Article

    Key Considerations On Employment And Remuneration Of Expatriates In Nigeria

    The natural resources and the economic opportunities in Nigeria continue to attract foreign direct investments (FDI) by investors across the world.
    NigeriaTax
    Andersen in Nigeria
    Andersen in Nigeria
  • Article

    Managing Pension Cost In The Oil And Gas Upstream Sector

    Pension in the oil and gas (upstream) sector is a bubble that may burst, if nothing is done to address the issue of escalating liabilities.
    NigeriaEmployment and HR
    KPMG in Nigeria
    KPMG in Nigeria
  • Article

    Termination Of Employment: The Effect Of The ILO Convention On Contracts Of Employment

    For an employment relationship that is not clothed with statutory flavor, a contract of employment is the basis of that relationship. In a contract of employment, the terms of the relationship,...
    NigeriaEmployment and HR
    Streamsowers & Köhn
    Streamsowers & Köhn
  • Article

    PenCom Releases The Amended Regulations On Investment Of Pension Fund Assets, 2017

    In February 2015, the National Pension Commission took the first step towards revamping the existing framework for the investment of pension fund assets in Nigeria, by issuing an exposure draft of proposed amendments ...
    NigeriaFinance and Banking
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Improving Participation In The Pension Scheme

    Nigeria has seen a lot of changes in the pension industry in terms of laws and regulations issued by the Government.
    NigeriaEmployment and HR
    KPMG in Nigeria
    KPMG in Nigeria
  • Article

    Revised Regulation On The Administration Of Retirement And Terminal Benefits

    The National Pension Commission (PenCom or "the Commission") recently issued a Revised Regulation on the Administration of Retirement and Terminal Benefits ("the Revised Regulation").
    NigeriaEmployment and HR
    KPMG in Nigeria
    KPMG in Nigeria
  • Article

    Gig Economy And Employment Law In Nigeria: The Rights Of Freelancers In Nigeria

    Companies nowadays resort to employing independent contractors rather than employees while still exercising control over the activities of the independent contractors over the work they do for the Organization.
    NigeriaEmployment and HR
    The Trusted Advisors
    The Trusted Advisors
  • Article

    Maxizming The Provisions Of The Pension Reform Act (PRA) 2014 As An Economic Stimulus & Palliative In Light Of The Covid-19 Pandemic

    The adverse effects of the COVID-19 pandemic has taken a heavy hit on labour and employment relations.
    NigeriaEmployment and HR
    Punuka Attorneys and Solicitors
    Punuka Attorneys and Solicitors
  • Article

    Overview Of Employment Laws In Nigeria – Manpower Policy & Regulations

    There are various laws governing employment-related matters in Nigeria.
    NigeriaEmployment and HR
    Resolution Law Frim
    Resolution Law Frim
  • Article

    Contractor Or Employee? The Startup Dilemma That Can Define Your Future

    For most startups, survival hinges on one thing: how well resources are managed. In the race to cut costs and scale smartly, staffing becomes both a founder's greatest strength and toughest challenge.
    NigeriaEmployment and HR
    Tope Adebayo LP
    Tope Adebayo LP
  • Showing 41–60 of 87 results

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