Our Latest Articles
Artificial Intelligence is reshaping international arbitration, from streamlining document review to predicting case outcomes. While AI promises efficiency, speed, and cost savings, it also raises critical concerns around data security, confidentiality,...
From January 1, 2026, Nigerian companies with foreign subsidiaries (NCFCs) will face new tax obligations under the NTA 2025. They must pay income tax on undistributed NCFC profits and cover any shortfall in meeting the 15% global minimum tax (GMT), expressed...
Nigeria’s new Tax Administration Act (2025) consolidates tax powers under the Nigeria Revenue Service, creating uncertainty over State Governments’ authority to administer stamp duties. While historically shared between Federal and State tax authorities,...
Section 80 of the Nigeria Tax Administration Act, 2025 (NTAA) imposes a mandatory duty on the Accountant-General of the Federation (AGF) to recover unremitted tax revenues from Ministries, Departments, and Agencies (MDAs) of the Federal Government. The...
Maritime is capital-intensive. A single workboat, tug, PSV, or small tanker can run into the low–mid tens of millions of dollars; even coastal barges and crew boats require multi-million-dollar tickets/investments. For Nigeria, that capacity gap in coastal...
The Local Government Revenue Committee (LGRC), represents continuity in Nigeria’s local tax governance. The LGRC is designed to enhance grassroots revenue mobilization. It institutionalizes a decentralized framework for tax assessment, collection, and...
The maritime sector, globally recognized as the 'Blue Economy,' is a cornerstone of economic wealth and environmental preservation for many nations. In Nigeria, it significantly contributes to trade, transportation, and job creation, particularly through...
The Nigeria Tax Act (2025) has redefined the fiscal landscape for Free Trade Zone (FTZ) operators, replacing blanket exemptions with performance-based incentives. While FTZs remain critical to attracting foreign investment, entities must now comply with...
This article explores the recent Court of Appeal decision in CBN v. Adani Mega System Ltd, which has sparked discourse around the Federal High Court’s jurisdiction over simple contracts. Contrary to views suggesting a doctrinal shift, the judgment is...