What The Results Announced In July 2026 Signal For investor Risk Appetite - Transaction Structure, The Obligation Stack, Acreage Discipline, And Project Bankability

Here is our regulatory alert on a recent judgement by the Federal High Court on the subject on the subject of filing returns with the FRCN.

The Federal Inland Revenue Service (FIRS) issued an Information Circular on 14th June 2024, to clarify the tax treatment of foreign exchange (forex) transactions (‘the Circular').

The Nigeria Data Protection Commission (NDPC) has recently published a Guidance Notice on the filing of Data Protection Compliance Audit Returns (CAR)

The NDPC has extended the deadline for filing 2025 Data Protection Compliance Audit Returns to 30 May 2026.

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Upgrading to the latest International Financial Reporting Standards (IFRS 9) is a large transformational event for all financial institutions, regardless of their size and complexity.

As with any new IFRS implementation, board oversight at an early stage and on an ongoing basis is critical. In order to ensure an effective and efficient implementation process, it is imperative that the board remains engaged in this process and sets the tone for the entity.

Companies that are part of a Multinational Enterprise (MNE) Group and have 31 December as their accounting year end are expected to file their Country-by-Country (CbC) Report and Notification...

The foregoing is a fall out of property valuation exercise carried out by FIRS in October, 2016.

Principle 20 of the Nigerian Code of Corporate Governance 2018 ("NCCG Code"), issued by the Financial Reporting Council of Nigeria ("FRCN") outlines a ten-year period for the rotation of Auditors in public companies.

On 30th March, 2020 the National Information Technology Development Agency ("NITDA" or "the Agency") notified all Data Protection Compliance Organisations (DPCOs)

Attention all organizations processing personal data in Nigeria! The Nigeria Data Protection Bureau (NDPB) has extended the deadline for filing the 2023 Data Protection audit report to 30th June 2023.

On Monday 6 February 2023, the Federal Inland Revenue Service and Lagos Internal Revenue Service signed a Memorandum of Understanding to establish a Joint FIRS and LIRS Audit and Investigation Team.

The Federal Inland Revenue Service (FIRS) has issued 3 Public Notices...

The NECA recently invited its members to a meeting to discuss the recent investigative activities of the National Assembly on organised businesses in Nigeria and to take a position on a way forward in this regard.

An annual return is a mandatory requirement that must be complied with by every registered company, business name or incorporated trustee in Nigeria. The return is a statutory document...

On 27 February 2020, the National Information Technology Development Agency (NITDA) notified all Data Protection Compliance Organisations (DPCOs) that Data Controllers, Data Processors and...

The FIRS has issued a Public Notice informing all taxpayers, especially non resident companies carrying on business in Nigeria, to submit full income tax returns as required by law.