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It is now a well-established norm that tax laws are periodically reviewed in Nigeria in compliance with the National Tax Policy adopted by the Federal Executive Council in 2018.

In this article, our focus will be on the significant changes being proposed to other extant tax and fiscal legislations.

By its circular dated September 13, 2018 the Central Bank of Nigeria (CBN) released the Regulations on Instant (Inter - Bank) Electronic Funds Transfer Services in Nigeria (the Regulations).

The rules for starting and operating a Fintech in Nigeria have recently changed. Between 2020 & 2021, the CBN made significant changes to the legal and regulatory framework around the establishment and operation of Fintech companies in Nigeria.

The Nigerian financial services industry has experienced significant growth in the last couple of years, due largely to the entry of an increased number of Fintech companies into the market.

In this article, we have discussed the accounting recognition and measurement requirements for Rights-of-Use asset and the related lease liability as well as the current and deferred tax considerations for the lessee.

Nigeria's Central Bank has introduced sweeping data localisation requirements that will fundamentally reshape how payment service providers, banks, and financial institutions handle transaction data. With a January 2027 compliance deadline, these new rules mandate that all payment transaction data generated within Nigeria must be stored and managed locally, raising critical questions about cloud infrastructure, vendor relationships, and operational readiness. This analysis examines the scope of the requirem

Internal controls have become a key business area for all organisations to maintain the risks facing the company within the defined risk tolerance levels.

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 ...

The Securities and Exchange Commission has issued Circular No. 26-1 dated 16th January 2026, revising the minimum capital requirements applicable to regulated capital market entities in Nigeria.

Pipeline is majorly used for transportation of liquids, gases and fluids over a long distance. More so, any chemically stable substance can be sent through a pipeline.

The framework aims to facilitate the trading of carbon credits, incentivize emissions reduction, and attract both domestic and foreign investment in green projects.

Understanding the regulatory framework surrounding Politically Exposed Persons (PEPs) is crucial for companies operating in Nigeria's financial and business sectors. This publication examines the legal definition of PEPs under Nigerian law, identifies who qualifies for this designation, and outlines the enhanced due diligence obligations that financial institutions and businesses must implement when dealing with these high-risk individuals.

The Finance Act, 2019 came with copious far-reaching changes in the laws relating to major taxes in Nigeria.

The amendments to section 27 will come as good news to many taxpayers. It will however be bad news or a mixed bag for some others. For now, the main casualties are taxpayers whose businesses are...

As part of its objectives of promoting a transparent, liquid, and efficient foreign exchange market, the Central Bank of Nigeria has released the Nigeria Foreign Exchange Code containing guidelines for good practice and responsible participation in the Nigerian Foreign Exchange Market.

On the 7th of March 2023, the Central Bank of Nigeria (CBN) in collaboration with industry stakeholders, developed and released the Operational Guidelines for Open Banking in Nigeria ("Operational Guidelines").