The practice at the Tax Appeal Tribunal ("TAT" or "Tribunal") requiring an aggrieved taxpayer to pay 50% of a disputed tax amount...

On April 28, 2023, the Nigerian Securities Exchange Commission (SEC) issued a circular announcing the opening for applications for the inaugural cohort of its Regulatory Incubation Program.

Whilst presenting the 2020 budget to the National Assembly on October 8, 2019, President Muhammadu Buhari (the "President") noted that the amendment of the Deep Offshore and Inland Basin

The recently discovered Corona Virus causes the highly infectious corona virus disease ("COVID-19"). By March 11, 2020, the World Health Organization characterized the virus as a pandemic.

There have been significant concerns regarding the current and long-term effects of the novel coronavirus ("COVID-19") on international trade and the global economy, following the declaration of COVID-19

The increasing use of corporate vehicles, such as companies, trusts, foundations and other types of corporate/legal arrangements, has elevated concerns among financial regulators globally.

In Nigeria's technological landscape, the National Office for Technology Acquisition and Promotion (the "NOTAP") is the primary government agency responsible for overseeing technology transfer activities in the country.

Africa is said to be the world's last economic frontier and massive potential for economic growth abounds on the continent.

On Friday, September 27, 2019, the Tax Appeal Tribunal, Lagos Zone ("TAT" or the "Tribunal") held, inter alia, that where the action of a tax authority purports to make an assessment final and conclusive.

The practice at the Tax Appeal Tribunal ("TAT" or "Tribunal") requiring an aggrieved taxpayer to pay 50% of a disputed tax amount into a designated account, as security for the prosecution of a tax appeal...

The Federal High Court, Lagos Division, recently decided in The Registered Trustees of Hotel Owners and Managers Association of Lagos (suing for itself and on behalf of all its members) v Attorney-General of Lagos State ...

As part of its efforts to make the Nigerian business climate investment-friendly, the Federal Government of Nigeria has introduced various incentives and reliefs aimed at promoting both local and foreign investments.

Taxpayers in Nigeria have had to grapple with conflicting interpretations of applicable statutory provisions, on the correct position of the law regarding the requirement to pay a security deposit for prosecution of tax appeals to the Tax Appeal Tribunal.

On July 9, 2021, the Central Bank of Nigeria ("CBN") issued new twin regulations to govern mobile money services in Nigeria.

Apparently, the Executive Order No. 8 of 2018 was on Monday, October 8, 2018, signed by President Muhammadu Buhari in furtherance of the current administration's resolve to increase tax revenues ...

By the time ‘The Nigerian Capital Market Master Plan 2015-2025' was launched by the SEC in November 2015, as a 10-year road map for developing the country's capital market into a global financial center, ...

Section 31(1) of the Federal Inland Revenue Service (Establishment) Act, 2007 (the "FIRS Act") empowers the Federal Inland Revenue Service ("FIRS" or the "Service")...

"Regulated Products" include foods, drugs, cosmetics, medical devices, packaged water, chemicals, detergents.

On April 17, 2025, the Central Bank of Nigeria (CBN), through a letter referenced CMD/DIR/PUB/LTI/001/001, reminded all banks, payment service banks and other financial institutions in Nigeria...

In line with our goal of maintaining industry leadership while constantly positioning ourselves as the ‘Firm of the Future', the Partnership has approved the admission of Mr. Chinedum Umeche, ...