127 results found

The Nigerian tax system is primarily run on self-assessment basis.

The relationship between a bank and its customers is primarily governed by contract, which generally restricts the opportunities for third-party intervention. However, the framework for freezing bank accounts...

As financial technology reshapes how consumers and businesses manage money, a century-old banking duty is gaining new relevance. The Quincecare duty requires financial institutions to pause suspicious payment instructions—but how does this obligation apply when traditional banks serve merely as infrastructure beneath fintech platforms? This analysis explores the duty's evolution from English case law through its modern application in layered payment systems.

There has been an impasse within the Nigerian government. This stems from the controversy on whether the President's appointment of Economic and Financial Crimes Commission Chairman requires confirmation from the Senate.

It is difficult to completely prevent fraud in an organisation. Institutions with strong internal control measures can be exposed to risk of fraud or misconduct by employees, third parties...

The principle of corporate personality grants companies a separate legal identity from their founders and shareholders, but what happens when this protection is abused for fraud or injustice?

With the adoption of e-payment channels as a preferred means for commercial transactions in Nigeria, there has been an increase in incidences of e-payment frauds.

Nigeria's Money Laundering Act of 2022 has transformed real estate compliance by classifying developers and investors as Designated Non-Financial Businesses, requiring mandatory registration with SCUML and imposing strict anti-money laundering obligations. With enforcement agencies like the EFCC intensifying prosecutions and securing property forfeitures in high-profile cases, the real estate sector faces unprecedented regulatory scrutiny.

A domain name is a unique name that an individual or organization chooses in order to identify his/its website.

The offences of Criminal Breach of Trust and Cheating respectively captured under Sections 311 and 321 of the Penal Code are offences that have often suffered misapplication due to the numerous efforts by prosecutors to paint civil cases ...

In the early hours of the morning, sometime in June, social media was agog with the news of the arrest of a famous Instagram celebrity with an opulent lifestyle. Ramon Abbas, popular known as ...

The organization strictly should prohibits all bribery or corruption, in any form whatsoever.

Generally, the court's judgment is the fruit of every litigation, and the outcome of every legal dispute that is referred for resolution by the Court.

International arbitration is often chosen because it offers parties a final and enforceable decision.[1] In most cases, that finality is one of its greatest advantages.

In January 2010, the Nigerian Government entered into a Gas Supply and Processing Agreement (GSPA) with a company known as Process & Industrial Developments Limited (P&ID).

Nigeria's public sector accountability framework, anchored in the Constitution and the Code of Conduct Bureau and Tribunal Act, mandates asset declaration and ethical conduct for public officers. Despite robust legal provisions requiring disclosure of assets, the system faces critical challenges including inadequate verification capacity, weak enforcement mechanisms, and limited transparency. This comprehensive analysis examines the constitutional framework, identifies systemic weaknesses, and proposes prac

Whistleblowing is a very effective but still under utilised as a corporate governance tool in Nigeria. Whistleblowing serves many purposes, the most commonplace being that it allows...

Nigeria's Constitution grants the National Assembly investigative powers to support lawmaking and expose corruption, but recent cases reveal legislative committees increasingly overstepping...