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...
President Bola Ahmed Tinubu envisions a credit-based economy to combat corruption and promote a good life for Nigerians, emphasizing that it need not be immediately paid in cash. With ongoing intervention funds and the introduction of student loans, Nigeria...
Background:
Nigeria’s Federal Competition and Consumer Protection Commission (the Commission) announced on Wednesday, December 27, 2023, the conclusion of its competition and consumer protection infringement investigations into the activities of British...
Introduction
The Nigeria Data Protection Act 2023 (NDPA or the Act) was signed into law on June 12, 2023, thereby establishing a stronger legal framework for data protection in Nigeria. The Act aims to promote data processing practices that protect personal...
