The development of Internet and Information and Communication Technology (ICT) has revolutionised the world and brought with them the emergence of online commerce. Trades are now concluded on the Internet between parties from different parts of the world....
On the 17th of April 2024, the firm of Anaje. Olumide. Oke. Akinkugbe (carrying on business as AO2LAW®) held a stakeholders’ webinar with the theme: “Pension Fund Administrators and Pension Fund Custodians: Rethinking the Strictures on Common Control”....
Nigeria’s pension system has undergone significant transformations since its inception in 1951. Initially plagued with malpractices, budgetary issues, weak administration, and a lack of accountability, the system has evolved into a defined contribution...
The protection of the minority shareholders within the domain of corporate activity constitutes one of the most difficult problems facing modern company law. It is not unusual to find majority shareholders running a company in an illegal or oppressive...
On Wednesday, February 21, 2024, the Federal Inland Revenue Service (FIRS) in conjunction with the Nigeria Export Processing Zones Authority (NEPZA) issued a public document, captioned “Guidelines for Tax Compliance by Approved Enterprises Operating in...
PENSION FUND ADMINISTRATORS AND PENSION FUND CUSTODIANS: RETHINKING THE STRICTURES ON COMMON CONTROL
The Pension regime in Nigeria under the Pension Reform Act 2014 (“PRA” or the “Act”) is structured in a such manner that it creates role bifurcation between Pension Fund Administrators (“PFAs”) and Pension Fund Custodians (“PFCs”). The roles are stratified...
On Tuesday, February 27, 2024, Nigeria’s President Bola Ahmed Tinubu announced the introduction of an Expatriate Employment Levy (the Levy) that will be administered by the Nigerian Immigration Service (NIS), a foremost agency in the Federal Ministry...
Content creation is the process of generating ideas, concepts or topical issues that attract and captivate the attention of a target audience. It could be for different purposes such as business promotion or entertainment. In creating a content, the creator...
The Nigerian Communications Commission (NCC or the Commission) on January 8, 2024 via a Pre-Disconnection Notice (the Notice) of same date notified the general public, including Nigerian subscribers to Globacom of its approval of the Partial Disconnection...
Cryptocurrencies and the underlying blockchain technology are becoming a pervasive force in the global economy, affecting everything from cross-border retail payments to interbank transfers. The growing adoption and decentralized nature of cryptocurrencies...