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, 2021284Views0Comments
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, 2021212Views0Comments
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, 2021245Views0Comments
NDPR: Can Commercial Banks Release the Personal Data of Defaulters of PTA/BTA Guidelines on their Websites as Directed by the CBN? Recently, the Central Bank of Nigeria (“CBN”) issued a directive to commercial banks… October 14, 2021156Views0Comments
Does The Federal Government Have The Constitutional Powers To Legislate On VAT? Background The Federal High Court (“FHC” or “the Court”), recently delivered judgment in a… September 20, 2021220Views0Comments
Power Of The FIRS To Access Taxpayers’ Servers And Other Matters: Examining The Contentious Issues Arising From The Federal High Court (FIRS) Practice Directions, 2021 Introduction On May 31, 2021, the Federal High Court (the “Court”) issued a practice… September 13, 2021195Views0Comments
Fintech Update – What To Know About The New Regime For The Licensing And Regulation Of Payments Service Holding Companies In Nigeria Introduction On August 3, 2021, the Central Bank of Nigeria (“CBN”), took another step… August 17, 2021274Views0Comments
Fintech Update – CBN Issues New Regulatory Regime For Mobile Money Services In Nigeria On July 9, 2021, the Central Bank of Nigeria (“CBN”) issued new twin… August 3, 2021257Views0Comments
Fintech Update – Synopsis Of The New CBN Regulatory Regime For Payment Service Banks Introduction On July 8, 2021, the Central Bank of Nigeria (“CBN”), Nigeria’s apex financial… July 27, 2021215Views0Comments
FIRS Clarifies The Timeline For Filing Capital Gains Tax Returns And Directs Immediate Compliance By Taxpayers SUMMARY In a Public Notice recently issued pursuant to section 2(4) of the Capital… July 17, 2021283Views0Comments
FIRS Extends The Deadlines For Withholding Tax Validation And Tax Returns Filing For The 2021 Year Of Assessment By One Month Summary On July 1, 2021, the Federal Inland Revenue Service (“FIRS”) issued a public… July 11, 2021153Views0Comments
Trademarking “Yoruba”: Illegality Or Mere Cultural Appropriation? On May 23, 2021, Gbemisola Isimi, the founder of CultureTree, a UK based… July 5, 2021169Views0Comments