The Nigeria Data Protection Bureau: Key Issues For Consideration In February 2022, following an application by the Minister of Communications and Digital… March 31, 2022795Views0Comments
NAICOM Deepens Insurance Penetration In Nigeria With The New Operational Guidelines For Insurance Web Aggregators Recently, the National Insurance Commission (“NAICOM”) issued the Insurance Web Aggregators Operational Guidelines… March 20, 20221KViews0Comments
FIRS Grants 1-Month Concession To Taxpayers Allowing Outstanding Foreign Currency-Denominated Tax Liabilities To Be Settled In Naira. Key Takeaways FIRS grants a one-off concession to taxpayers with foreign currency-denominated tax… March 9, 2022573Views0Comments
Federal High Court Declares The 0.005% Police Trust Fund Levy Imposed On The Net Profit Of Companies In Nigeria Unconstitutional Background The Nigeria Police Trust Fund (Establishment) Act 2018 (as amended) (the “Act”) was… March 6, 2022612Views0Comments
Imports And Exports Processing In Nigeria: Recent Developments On The Policy Of Electronic Evaluation And Invoicing Port operations in two major ports in Lagos, Tin-can Island and Ports &… March 3, 2022461Views0Comments
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… March 1, 2022489Views0Comments
Tax Appeal Tribunal Rules On The Scope Of “Stock-In-Trade” For The Purpose Of Deductible Input VAT Background By virtue of section 16 of the Value Added Tax Act (as amended)… February 22, 2022455Views0Comments
Patents And Designs (Repeal And Re-Enactment) Bill, 2021: Introduction Of Utility Model Certificates In April 2021, the House of Representatives introduced the Patents and Designs (Repeal… January 31, 2022487Views0Comments
Fintech Update – Intra-African Trades get a boost by CBN’s new regulation for the operation of Pan African Payments and Settlement System Introduction On October 11, 2021, the Central Bank of Nigeria (“CBN”) took a fundamental… November 12, 2021180Views0Comments
Fintech Update – Synopsis of the CBN Regulatory Guidelines on the e-Naira Introduction On October 25, 2021, the Central Bank of Nigeria (“CBN”), Nigeria’s apex financial… November 9, 2021603Views0Comments
Senate Passes Bill To Impose New Taxes On Companies For The Promotion Of Healthcare Development Summary On October 5, 2021, the Senate of the Federal Republic of Nigeria passed… November 8, 2021438Views0Comments
Regulation of Social Media Advertisements by NAFDAC: Do I need a NAFDAC Approval for my Social Media Advertisements? The National Agency for Food and Drug Administration and Control (NAFDAC) regulates the… November 3, 2021540Views0Comments