Peter Egwuatu Barring unforeseen circumstance, the Securities and Exchange Commission (SEC) will officially transition to a T+2 settlement cycle for equities transactions from Friday, November 28, 2025, in a move designed to align with global best practices and enhance market efficiency. […]
Business Law
Business law news and insights covering corporate practice, commercial transactions, regulation, finance, compliance and dispute resolution in Nigeria.
By Babajide Komolafe President Bola Tinubu’s bold tax reform initiatives are central to Nigeria’s strategy for economic resilience, Dr. Zacch Adedeji, the Executive Chairman of the Federal Inland Revenue Service, FRSC, has said. Speaking at the maiden lecture series of the […]
By Omowunmi Samuel A recent online claim has caused confusion regarding the Federal Inland Revenue Service’s (FIRS) enforcement of withholding tax on investment income. The claim suggests that the government is attempting to target Nigerians’ savings through a new tax […]
A former President of the Nigerian Bar Association (NBA), Dr. Olisa Agbakoba (SAN), has unveiled a three-point strategy he believes can transform Nigeria into a N1.5 quadrillion economy within 10 to 15 years. In a letter addressed to the Minister […]
From 1st January 2026, the new tax laws will provide many reliefs and exemptions for low-income earners, average taxpayers, and small, according to Chairman, Presidential Fiscal Policy and Tax Reforms Committee, Taiwo Oyedele. In an update on his X handle […]
The Nigeria Data Protection Commission (NDPC) and Meta Platforms, Inc., will, on Nov. 3, adopt the terms of settlement in the dispute on the $32.8 million fine imposed against the latter by the regulatory agency. Justice James Omotosho of the […]
LAGOS — The Federal High Court in Lagos has granted an order empowering a consortium of Nigerian lenders to take possession of assets belonging to Nestoil Limited, one of the country’s leading indigenous oil and gas service companies, pending the […]
By Ayorinde Oluokun/Abuja A Mortgage banker, identified as Sulaiman Olayiwola Gbajabiamila has been sentenced to 20 years imprisonment for diverting the sum of N31 million paid to him for acquisition of a flat in Iponri area of the State. Gbajabiamila […]
The Securities and Exchange Commission (SEC) has cautioned Nigerians against doing business with GVEST Global, saying the company is an unregistered investment adviser and fund manager promoting illegal schemes. In a statement yesterday, the regulator said GVEST Global also operates under […]
The Economic and Financial Crimes Commission (EFCC) has declared Abdullahi Bashir Haske, the son-in-law of former vice president Atiku Abubakar, wanted in connection with a case of criminal conspiracy and money laundering. In a statement, EFCC spokesperson Dele Oyewale urged […]