The Nigerian government recently released a draft fiscal policy which tends to overhaul the fiscal regime for petroleum operations in Nigeria. Highlights of the policy are as follows:
Reduction of government take for operations in onshore and shallow...
BANKING AND FINANCE ALERT – THE NEW CBN FOREIGN EXCHANGE POLICY: ANY RESPITE FOR FOREIGN EXCHANGE AVAILABILITY?
A New Foreign Exchange Policy
On Monday 21 February 2017, the Central Bank of Nigeria (“CBN”) announced that it shall take new policy...
Nigeria\’s Corporate Affairs Commission (CAC) has announced its de-listing of 38,000 firms from its register of companies. According to the CAC, this action was informed by the failure of the relevant companies to file their annual returns and having...