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Investment entities may take several forms in Nigeria. Investors may set up a Limited Liability Company (LLC) to buy shares or other investment vehicles.

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)

Non-profit organizations are entities that operate for purposes other than making a profit and they are mainly referred to as Non-governmental organizations (NGO's).

Startups require funding for their operations and to scale.This is where venture capital companies (VCs) come in. VCs (as a subset of private equity) provide early ...

There is a growing connection amongst people around the world, largely due to the use of technology by startups and other tech companies to solve problems across borders.

The National Pension Commission (PenCom) recently released guidelines (the Guidelines) to provide clarity on voluntary contributions (VCs) under the Contributory Pension Scheme (CPS).

After several years of missteps, intrigues, legislative summersaults, and restarts, the President, General Muhamadu Buhari finally signed the Petroleum Industry Bill (‘PIB')...

Nigeria operates a federal system of government. Governing bodies at the centre differ from governing bodies in the sub-units (states).

"Our aim shall be to create a progressive tax regime, plug harmful loopholes, enhance the efficiency of collection and give the people a greater sense of responsibility in relation to their taxes."

In a bid to promote Nigerian content in the planning and execution of public Nigeria projects, the President of the Federal Republic of Nigeria, Mr. Mohammadu Buhari in February 2018 issued an Executive Order No. 05 (EO5).

On 14 October 2020, the Nigerian Export Promotion Council (NEPC) issued a Circular directing exporters interested in the Export Expansion Grant (EEG) Scheme...

The Nigerian Constitution empowers local governments to assess and levy tenement rates.

The Federal Government has launched the Voluntary Offshore Assets Regularization Scheme.

The Section 83b election is a provision under the Internal Revenue Code (IRC) that gives an employee, or startup founder, the option to pay taxes on the total fair market value of restricted stock at the...

On 18 May 2019, the Chairman of the Federal Inland Revenue Service (FIRS), Mr. Babatunde Fowler, disclosed that the FIRS would soon begin the collection of Value Added Tax (VAT) ...

Parallel foreign exchange markets or "black market" as it is popularly called, has been in existence for a while now and has become a common phenomenon in most developing countries.

The exercise of the powers in Section 31 FIRS Act marks a new approach towards tax enforcement in Nigeria.