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THE COURT OF APPEAL AFFIRMS JURISDICTION OF THE TAX APPEAL TRIBUNAL
CNOOC Exploration and Production Nigeria Limited & South Atlantic Petroleum Limited (“The Appellants”), who are contractors to the Oil Mining Lease 130 Production Sharing [&h...
CBN Circular of 15 January, 2016 Mandating N50 Stamp Duty Collection On Money Deposits Above N1000 Nullified by the Court: A Reprieve for Bank Customers?
Relevant Facts: On 13 March, 2017 the Federal High Court (Coram: Honourable Justice (Prof.) Chuka Austine Obiozor (the “Court”) in an action (FHC/L/CS/126/2016: Retail [&h...
10 Highlights Non-Financial Institutions Need to Know About Money Laundering in Nigeria
Money laundering is the act of concealing the true origin and purpose of illegally acquired money. It is punishable in Nigeria with a jail...
Nigeria’s Economic Recovery and Growth Plan: A New Direction for the Energy & Mining Sector
Early this month, the Nigerian Government released to the public its Economic Recovery and Growth Plan (“ERGP”), a Medium-Term Plan for 2017-2010 developed for [&h...