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, 2021313Views0Comments
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, 2021401Views0Comments
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, 2021240Views0Comments
Trademarking “Yoruba”: Illegality Or Mere Cultural Appropriation? On May 23, 2021, Gbemisola Isimi, the founder of CultureTree, a UK based… July 5, 2021279Views0Comments
Tax Treatment Of Non-Profit Entities In Nigeria BACKGROUND Pursuant to changes introduced to the tax regime under the Finance Act 2020… June 10, 20211KViews0Comments
Openness or Transparency in Data Processing One of the side effects of the digital revolution has been the vast… May 26, 2021203Views0Comments
Trademark Licensing In Nigeria One of the key success indicators of many businesses around the world, is… May 5, 2021351Views0Comments
FIRS Issues Public Notice Directing Companies Operating Within Free Trade Zones To File Income Tax Returns SUMMARY On April 15, 2021, the Federal Inland Revenue Service (“FIRS”) issued a public… April 18, 2021397Views0Comments
Regulatory Framework For Open Banking In Nigeria The Central Bank of Nigeria (the “CBN”) in an attempt to provide an… March 18, 2021339Views0Comments
Finance Act 2020: Highlights Of Latest Developments In Nigeria’s Tax Regime A. OVERVIEW President Muhammadu Buhari signed the Finance Act 2020 into law on December… January 26, 2021258Views0Comments
Applicability Of VAT To Leases And Efficacy Of FIRS Circulars Proem The Tax Appeal Tribunal, Lagos Zone (“TAT””), on September 10, 2020, decided in… September 11, 2020440Views0Comments
Distribution Franchising in the Nigerian Electricity Supply Industry The liquidity challenges in the Nigerian Electricity Supply Industry (“NESI”)’s value chain are… August 11, 2020336Views0Comments