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  • 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

    Recent Developments At The Federal Ministry Of Interior In Relation To Business Permit & Expatriate Quota Administration

    The Federal Ministry of Interior ("FMI") recently published a revised handbook on Expatriate Quota ("EQ") Administration on its website (the "Revised Handbook").
    NigeriaCorporate/Commercial Law
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Regulatory And Supervisory Guidelines For Bureau De Change Operations In Nigeria 2024

    On May 22, 2024, in a bid to reform and sanitize Bureau De Change operations in Nigeria, the Central Bank of Nigeria ("CBN") released the new "Regulatory and Supervisory Guidelines...
    NigeriaCorporate/Commercial Law
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Financing The Creative Industry In Nigeria: Matters Arising

    As part of efforts to boost job creation, particularly among Nigerian youths, the Central Bank of Nigeria ("CBN"), in collaboration ...
    NigeriaFinance and Banking
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Naira Redesign And Cashless Policy: Wither The Role Of Bank Neutral Cash Hubs?

    The initial deadline, for which the redesigned N200, N500 and N1000 banknotes were to cease being legal tender, was extended from January 31, 2023, to February 10, 2023.
    NigeriaFinance and Banking
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Legal Services Procurement – What Do Clients Really Want?

    Generally, legal practice (what lawyers do) hasn't changed much but what has undergone, and is continually undergoing significant changes, is legal delivery (who bundles the work and from what model).
    NigeriaLaw Department Performance
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Taxation Of Income Derived From Nigeria By International Shipping Companies: A Brand-New Tax Obligation?

    In what appears to have taken international shipping companies by surprise, the Federal Inland Revenue Service ("FIRS") recently issued tax assessment notices to international petroleum tankers...
    NigeriaTransport
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Central Bank Of Nigeria Automates Nigerian Export Proceeds Form ("Form NXP") For Commercial Exports

    Charges imposed on export-customers in relation to the e-Form ‘NXP' are separated from other charges levied by the Authorized Dealer.
    NigeriaInternational Law
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Building A Resilient Future: Leveraging Board Evaluation For Enhanced Performance And Sustainability

    The role of corporate governance in a dynamic business landscape cannot be overemphasized. The board of directors plays a pivotal role in steering companies toward success...
    NigeriaCorporate/Commercial Law
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Federal High Court Declares The 0.005% Police Trust Fund Levy Imposed On The Net Profit Of Companies In Nigeria Unconstitutional

    The Nigeria Police Trust Fund (Establishment) Act 2018 (as amended) (the "Act") was signed into law by the President of the Federal Republic of Nigeria on June 24, 2019.
    NigeriaGovernment, Public Sector
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Validity Of Service Marks Registered Prior To The Amendment Of The Trademarks Act

    On February 14, 2023, the Business Facilitation Act ("BFA") was passed into law in Nigeria. The stated objective of the Act is to promote the ease of doing business in Nigeria...
    NigeriaIntellectual Property
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    FIRS Extends The Deadlines For Withholding Tax Validation And Tax Returns Filing For The 2021 Year Of Assessment By One Month

    On July 1, 2021, the Federal Inland Revenue Service ("FIRS") issued a public notice, granting one (1) month extension from the 30th of June, 2021, for companies to comply with their...
    NigeriaTax
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Is A Lien Placed By FIRS On A Taxpayer's Bank Account A Valid Encumbrance Against Garnishee Order?

    The propriety of an administrative notice issued by the Federal Inland Revenue Service ("FIRS"), directing a bank to freeze an account of a customer allegedly in default of a tax obligation...
    NigeriaTax
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Tax Appeal Tribunal Rules On The Scope Of "Stock-In-Trade" For The Purpose Of Deductible Input VAT

    By virtue of section 16 of the Value Added Tax Act (as amended) (the "VAT Act"), a taxable person, while filing monthly Value Added Tax ("VAT") returns with the Federal Inland Revenue Service...
    NigeriaTax
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Federal High Court Determines That Drilling Rigs Are Vessels And Subject To The Provisions Of The Cabotage Act

    The Federal High Court, in the case of Seadrill Mobile Units Nigeria Limited v The Honourable Minister for Transportation & 2 Others, has held that Rigs fall within the scope of the definition of vessels under the Cabotage Act ...
    NigeriaTransport
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Consumer Protection 2021

    The Federal Competition and Consumer Protection Act, 2018 ("FCCPA") is the primary legislation which governs and protects the rights of consumers in Nigeria.
    NigeriaConsumer Protection
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Succession Planning In The Boardroom And Its Impact On Business Continuity

    Board succession planning rarely commands the same attention as CEO succession. It does not trigger headlines, activist campaigns, or emergency announcements – until something goes wrong. Yet time and again, moments of corporate stress reveal an uncomfortable truth: business continuity is deeply dependent on whether the Board itself is prepared for change.
    NigeriaCorporate/Commercial Law
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Re-Examining The Purport Of The Executive Order No. 6 Of 2018

    Without doubt, the key objective of the Executive Order No. 6 of 2018 ("EO6" or the "Order"), reflects a major thrust of the administration of President Muhammadu Buhari.
    NigeriaCriminal Law
    Banwo & Ighodalo
    Banwo & Ighodalo
  • Article

    Judgment Alert: Court Of Appeal Nullifies Akwa Ibom State Maritime Sector (Regulation) Law, 2017 And Maritime Transport Vessels And Equipment Fees And Charges Regulation, 2017 In Appeal No. CA/C/54/2024 – Strickland Services Limited v. Akwa Ibom State Internal Revenue Service & Anor.

    In a landmark decision delivered on February 25, 2026, the Court of Appeal in Strickland Services Limited v. Akwa Ibom State Internal Revenue Service & Anor nullified the Akwa Ibom State Maritime Sector (Regulation) Law 2017 and ...
    NigeriaTransport
    Banwo & Ighodalo
    Banwo & Ighodalo

Showing 61–80 of 216 results

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