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  • Article

    Overview Of General Commercial Laws In Nigeria

    Nigerian law is derived from four (4) main sources. These are English law, Nigerian legislation, Nigerian case law and customary law; however only the first three sources are relevant to the subject of Commercial law.
    NigeriaCorporate/Commercial Law
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    CBN Revocation Of Licences Of Microfinance Banks, Primary Mortgage Banks And Finance Companies

    On May 22 and 23, 2023, the Central Bank of Nigeria ("CBN"), by a notice published in the official gazette of the Federal Government, revoked the licenses...
    NigeriaFinance and Banking
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Intellectual Property

    It is advisable that all trademarks, patents and or designs to be used by the company be registered in Nigeria at the Trade Marks, Patents and Designs Registry in Abuja, to preserve the owner's proprietary interest therein.
    NigeriaIntellectual Property
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Trademarking "Yoruba": Illegality Or Mere Cultural Appropriation?

    On May 23, 2021, Gbemisola Isimi, the founder of CultureTree, a UK based organization which runs a parents and toddlers play group called Yoruba Stars, where children are taught the Yoruba language...
    NigeriaIntellectual Property
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Federal High Court Rules On The Powers Of The Revenue Mobilization Allocation And Fiscal Commission To Assess, Demand And Collect Tax From Corporate Entities

    In recent times, corporate entities operating in various sectors of the Nigerian economy have been inundated with tax assessments from the Revenue Mobilization Allocation and Fiscal Commission ("RMAFC").
    NigeriaTax
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Are You GAID 2025 Ready? Navigating Nigeria's GAID 2025: What Your Organisation Needs To Know & How B&I Can Support Your Compliance Journey

    The General Application and Implementation Directive (GAID) 2025, will take effect from September 19, 2025. From that date the Nigeria Data Protection Regulation (NDPR) 2019 and the NDPR 2019...
    NigeriaPrivacy
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    FIRS Issues Public Notice On Submission Of Certificate Of Acceptance

    Recently, the Federal Inland Revenue Service ("FIRS") issued a public notice, titled "Submission of Certificate of Acceptance" (the "Public Notice"), notifying the general public of the requirement...
    NigeriaCorporate/Commercial Law
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    FIRS Issues Public Notice Directing Companies Operating Within Free Trade Zones To File Income Tax Returns

    On April 15, 2021, the Federal Inland Revenue Service issued a public notice by which it directed all approved enterprises operating within Nigeria's Export Processing and Oil & Gas Free Zones to:
    NigeriaTax
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    FinTech 2021 Guide

    Banwo & Ighodalo is proud to yet again, be the sole Nigerian contributor to the Chambers & Partners FinTech Global Practice Guide (the "FinTech 2021 Guide").
    NigeriaTechnology
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Understanding CBN's Dedicated Accounts For Investment And Management Of Remittances By Nigerian Diaspora

    Early in the year, the Central Bank of Nigeria ("CBN") issued the "Framework for the Operation of Non-resident Nigerian Ordinary Account and Non-resident Nigerian Investment Account" (the "Framework").
    NigeriaFinance and Banking
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Importation Of NAFDAC-Regulated Products Into Nigeria Now To Be Processed On The Nigeria Trade Portal With e-Permits & Licenses

    This would then be auto-verified and accepted by the e-Form ‘M' platform.
    NigeriaInternational Law
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    IGREE: The New BVN Consent Management Platform

    The CBN introduced the BVN in 2014, as a means of ensuring that every bank account holder in the country has a unique identifier.
    NigeriaPrivacy
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Copyright Infringement In Music And Related Matters

    Nigeria's music industry has experienced remarkable growth driven by Afrobeats' global rise and digital streaming platforms, but this success has brought significant challenges in music copyright infringement. The unauthorized use of musical compositions and sound recordings has led to legal disputes and financial losses, creating an urgent need for stronger intellectual property rights enforcement. How can Nigeria balance protecting creators' rights while preserving public access to creative works under th
    NigeriaIntellectual Property
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    SEC's Draft Rules Facilitate Pension Funds' Investment In Commercial Papers

    On December 3, 2024, the National Pension Commission ("PenCom"), in a circular referenced "PenCom/TECH/ISD/2024/403"...
    NigeriaEmployment and HR
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    CBN Liberalises The Repatriation Of Export Proceeds By International Oil Companies (“IOCs”)

    On March 25, 2026, the Central Bank of Nigeria (“CBN”) issued a cash pooling circular permitting IOCs to immediately repatriate one hundred per cent (100%) of their export proceeds, through Authorised Dealer Banks (“ADBs”) (the “Circular”).
    NigeriaEnergy and Natural Resources
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Trademark Enforcement In Nigeria: Commentary On The Decision Of The Federal High Court In Suit No: FHC/L/CS/332/2022 – Elo Othuke Azaino v. Sterling Bank Plc

    Registering a trademark confers on the proprietor exclusive rights to use the registered trademark. Thus, trademark proprietors can institute trademark infringement...
    NigeriaIntellectual Property
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Finance Minister Issues Order Expanding The Goods And Services Exempt From VAT In Nigeria

    Acting pursuant to the power conferred by Section 38 of the Value Added Tax Act ("VAT Act"), the Honourable Minister of Finance, Budget and National Planning ("Minister") on February 3, 2020, issued...
    NigeriaTax
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Senate Passes Bill To Impose New Taxes On Companies For The Promotion Of Healthcare Development

    On October 5, 2021, the Senate of the Federal Republic of Nigeria passed the Establishment of the Tertiary Hospitals Development Fund Bill 2021 (the "Bill"), which seeks to impose new taxes on companies...
    NigeriaCorporate/Commercial Law
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Lagos State Government Issues Public Notice On The Right Of Way (RoW) For Infrastructural Development

    On April 7, 2025, the Lagos State Government ("LASG"), through its Ministry of Physical Planning and Urban Development (the "Ministry"), issued a public notice (the "Public Notice")...
    NigeriaReal Estate and Construction
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    FIRS Clarifies The Timeline For Filing Capital Gains Tax Returns And Directs Immediate Compliance By Taxpayers

    In a Public Notice recently issued pursuant to section 2(4) of the Capital Gains Tax Act[1], ("CGTA"), the Federal Inland Revenue Service ("FIRS") directed all persons, who dispose of chargeable assets to...
    NigeriaTax
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Showing 41–60 of 217 results

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