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If there is one thing that the Covid-19 virus has inspired in the entire human race, it is the need, now more than ever before, to prepare for an uncertain future especially in terms of instituting structures for ...

We are pleased to share the 2019 version of our Nigeria Tax Data Card containing summaries of over 15 different taxes in a tabular, pocket-sized format.

President Muhammadu Buhari recently transmitted the Finance Bill, 2021 ("the Bill") to the National Assembly for passage into law.

On 24 April, 2008, American movie star, Wesley Snipes, was convicted and sentenced to 3 years in prison for failing to file income tax returns.

Most fintech founders treat compliance the same way many Nigerians treat car insurance: get the bare minimum coverage, pay the premium, hope you never need it, and try not to think about it too much.

The Investment and Securities Act (ISA) 2025 was enacted on March 31, 2025 by President Bola Ahmed Tinubu to replace the previous ISA, updating the law with provisions impacting emerging trends...

You have likely heard the saying, "the rich keep getting richer." One of the reasons often attributed to this is their ability to access debt easily and use borrowed capital to expand their businesses and investments efficiently.

Nigeria cedes $4-5 billion annually in marine liability insurance premiums to foreign institutions, creating a legally mandated market opportunity with no domestic competitor. Development finance institutions and blended capital structures could establish the country's first Protection and Indemnity club, capturing a revenue stream that currently flows entirely offshore while building critical local capacity in underwriting, claims management, and maritime risk assessment.

In a significant development, largely unprecedented in Nigeria, the Central Bank of Nigeria ("CBN") issued a Circular titled Introduction of Market Structure Requirements, Data Localisation...

Companies Income Tax is a major source of revenue for the Nigerian government.

On 24th June 2019, the President Buhari signed the Nigeria Police Trust Fund (Establishment) Bill into law. The Act, which will be in force for six (6) years.

On 25th March, 2026, the Central Bank of Nigeria ("CBN") issued a circular titled "Removal of Cash Pooling Requirement for International Oil Companies (IOCs)" (the "2026 Circular")...

One buzzword that has permeated every industry in the last half a decade is clean energy, green bonds, green economy, sustainable finance and ESG.

On March 7, 2023, the Central Bank of Nigeria (CBN) in furtherance of its mandate for the stability and deepening of the financial system, issued operational guidelines on open banking in Nigeria.

In just a few years, cell phone networks have done what fixed line operators have struggled to do for more than a century by connecting up Africa.

The Central Bank of Nigeria has issued draft guidelines requiring financial institutions with closely linked entities to maintain operational independence through ring-fencing measures. These proposed regulations introduce comprehensive governance requirements, customer fund protections, and mandate the formation of non-operating holding companies to prevent financial contagion across related entities.

On April 9, 2024, the Economic and Financial Crimes Commission ("EFCC") in its monthly e-magazine Alert released a statement on the use of foreign currency ("FX") as a means of payment...