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Published on Oct 19, 2021
THE EFFECT OF IRREGULARITY OF STATUTORY NOTICE IN TERMINATION OF LEASE AGREEMENT: AN APPRAISAL OF THE SUPREME COURT DECISION IN PILLARS NIGERIA LIMITED V WILLIAMS DESBORDES (2021) 12 NWLR (PT. 1789) 122
INTRODUCTION
The apex Court in the...
Published on Oct 18, 2021
INTRODUCTION
The 5th Schedule to the FIRS
Establishment Act 2007 (FIRSEA) established the Tax Appeal Tribunal (TAT)
to preside over disputes between an aggrieved taxpayer and tax authorities in
Nigeria, giving it the right to exercise jurisdiction,...
Published on Aug 12, 2021
INTRODUCTION
Like many pandemics before it, the Corona Virus
disease (“COVID-19”/” the Pandemic”) in December 2019, spread at a record speed
from Wuhan, Hubei province in China and crept up on the rest of the world.
Today, the pandemic is known for the...
Published on Jul 26, 2021
Introduction:
Nigeria’s Insolvency practice takes its origin from
English principles but unlike in England, Nigeria’s insolvency practice from
over the years has been largely liquidation – focused. Hence, the believe that immediately
a Receiver...
Published on Jul 19, 2021
INTRODUCTION
Until recently, before the Companies and
Allied Matters Act, 2020 (“CAMA 2020”) was passed into law, the Insolvency
practice in Nigeria was devoid of a defined legal framework. Once an
incorporated entity was declared insolvent by a competent...
Published on Jul 12, 2021
The Federal High Court (Federal Inland Revenue
Service) Practice Directions, 2021(the Practice Directions) came into
effect on 1st June 2021. It provides a new set of rules for tax
litigations concerning the Federal Inland Revenue Service (FIRS). The
following...
Published on Jun 2, 2021
Introduction
In May 2020, the Nigerian Government announced the commencement of the Marginal Fields Bid Rounds through the issuance of bid guidelines. This bid rounds came to a climax on 31 May 2021 through the issuance of Award Letters to Awardees. In...
Published on May 17, 2021
Introduction
On 6 May 2021, the Nigerian President launched the
National Policy for the Promotion of Indigenous Content in the Nigerian
Telecommunications Sector (the “Policy”). The Policy was developed by the
Ministry of Communications and Digital Economy...
Published on May 3, 2021
The Department of Petroleum Resources (DPR) recently approved the
Guidelines and Procedures
for Obtaining Minister’s Consent to the Assignment of Interest in Oil and
Gas Assets 2021 (2021 Guidelines). The 2021 Guidelines repeals the Guideline and Procedures...
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