By Akin Kuponiyi The Federal Inland Revenue Service (FIRS) has filed two separate amended charges against Saipem Contracting Nigeria Limited before a Federal High Court in Lagos, seeking to recover a total of $57,753,337.64 and €14,494,977.68 in unpaid taxes. The […]
Business Law
Business law news and insights covering corporate practice, commercial transactions, regulation, finance, compliance and dispute resolution in Nigeria.
Chair of Federal Inland Revenue Service (FIRS), Dr. Zacch Adedeji, has reiterated Federal Government’s commitment to driving comprehensive tax reform. Dr. Adedeji restated this commitment while addressing stakeholders at Domestic Investors Summit in Abuja. According to a statement by his Technical […]
The Securities and Exchange Commission (SEC) has clarified its position on the recently concluded First Holdco Transaction, stating that its actions were fully compliant with extant laws and regulatory requirements. In a statement issued by the Commission’s Head of External […]
One of the key drivers of any law business is its human resources. And the way a leader leads it’s team will ultimately affect the output of the business and image. It is therefore important to learn team building. Today, […]
By John Ofikhenua, Abuja The National Bureau of Statistics (NBS) yesterday said states and federal debts were N32.92 trillion as at December 2020. Its data entitled: “Nigerian Domestic and Foreign Debt (Q4 2020)” pasted on its website, said while N12.71 trillion […]
By Douglas Ogbankwa, Esq. The Nigerian mainstream news media and blogosphere was awash with the comments credited to Abdulrasheed Bawa the Chairman of the Economic and Financial Crimes Commission (hereafter called “the EFCC”), illegally giving Bankers in Nigeria till the […]
By Ruth Olurounbi Jobless rate increased to 33.3% in the fourth quarter More than half of labor force are unemployed or underemployed Unemployment in Africa’s largest economy surged to the second highest on a global list of countries monitored by Bloomberg. […]
THE FUTURE OF LAW IS LAW IN OUR PALMS All around the world, there is an exponential growth and change in world systems, institutions and professions. People are finding new ways to do things rapidly, with less need of […]
REFLECTIONS FROM A YOUNG LAWYER, IKEJA BAR, LAGOS NIGERIA by Adeyemi ABIJO, ESQ. Lead-Partner, The LegalHub Partnership, Ikeja, Lagos, Nigeria. Let me begin by saluting the courage and convictions of all the Leaders of the NBA, Ikeja Branch from […]
Data Protection in Nigeria is fairly a novel regime in the nation’s legal jurisprudence. The need to regulate this aspect of our national life becomes inevitable following the high rise in the global advancement of information technology. Click below to […]