As a result of the COVID-19 pandemic, the commencement of trade in goods and services within the African Continental Free Trade Area (AfCFTA) which was set to take off 1 July 2020 has been postponed.

The apex regulator of the insurance sector, National Insurance Commission ("NAICOM") in 2019 issued directives for the increase in the minimum paid-up share capital requirement for all

On Monday 13 January 2020, President Muhammadu Buhari signed the Finance Bill 2019 into law.

Prior to the enactment of FCCPA, there were no laws regulating mergers between non-Nigerian entities which result in a change of control of a Nigerian business (foreign-to-foreign mergers).

It is surely a good idea to explore how the sprit inherent in the "moral economy" of Islam could enable a just and ethical approach towards the management of systematic risk

On 21 April 2020, the AfDB announced the establishment of a Covid 19 Rapid Response Facility to lessen the severe economic and social impact of the COVID-19 pandemic on its Regional Member Countries including the private sector.

When acquiring a company or business, one of the main issues for an acquirer is how to finance the acquisition. Except the acquirer is in a position to complete the deal using existing cash...

Globally, tax laws assume that you need a certain level of physical presence (an office, a factory, a workshop etc.) in a foreign country before you can be assumed to have earned taxable revenue from that country.

In Volume 1 of this Series, we discussed the concept of corporate reorganisations, a redesigning process that changes the ownership structure of a company to increase its long-term profitability.

Companies looking to raise finance from diversified sources for either working capital may do so by issuing equity or debt securities. Debt securities are financial instruments representing a debt...

A contract is defined as an agreement between parties creating obligations that are enforceable or otherwise recognizable at law.

With businesses around the world severely impacted by the Covid-19 pandemic, many may require some form of restructuring in the near future. Even

These arrangements are typically documented in concession agreements which vary in form depending on the needs of the parties.

The lower baseline NBET remittance level for Discos is a sustainable way to provide financing to Discos to implement part of their loss reduction program.

The Nigeria currency has been under a lot of pressure in recent times, owing to decrease in export earnings due to the instability in price of crude, increase in demand for the dollar, incursion of the corona virus ...

According to the World Bank's Migration and Remittances Factbook 2016, more than 250 million people, or 3.4 percent of the world population, live outside their countries of birth.

Nigeria is a fast-developing country and one in need of infrastructure. With a population of over 200 million people and a total land mass of 910,770 (sq). Km (351,650 sq. miles)...

Subject to the amendments by the Finance Act 2019 to several provisions of the Stamp Duties Act Chapter S8 LFN 2004 (as amended), the Federal Inland Revenue Service issued a circular entitled ...

On 19 February 2020, the Nigerian Tax Appeal Tribunal (the "Tribunal"), sitting in Lagos delivered its first ever judgement on a transfer pricing (TP) dispute under Nigeria's Income Tax...

The complaint process is a pyramid, starting from a complaint letter to instituting an action in court.