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September 11, 2025

NIGERIAN COMMUNICATION COMMISSION SIMPLIFIES TARIFF PLANS

August 21, 2024

INTERNAL REVENUE SERVICE (IRS) GUIDELINES FOR

August 19, 2024
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Day: August 19, 2024

August 19, 2024Regulatory Updates

INTERNAL REVENUE SERVICE (IRS) GUIDELINES FOR TAX TREATMENT ON FOREIGN EXCHANGE TRANSACTIONS IN NIGERIA

INTRODUCTION On July 25, 2024, the Internal Revenue Service (IRS) released new guidelines on the tax treatment of foreign exchange transactions in Nigeria. These guidelines aim to provide clarity on how such transactions should be reported

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August 19, 2024Regulatory Updates

REGULATORY UPDATE: IMPLEMENTATION OF RETAIL DUTCH AUCTION SYSTEM (RDAS) BY THE CENTRAL BANK OF NIGERIA

Introduction In August 2024, the Central Bank of Nigeria (CBN) announced the implementation of the Retail Dutch Auction System (RDAS) to address the growing unmet demand for foreign exchange (forex) within the country. This initiative is

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August 19, 2024Article - Financial Services

LEGAL ANALYSIS OF THE LICENSE REVOCATION OF HERITAGE BANK BY THE CENTRAL BANK OF NIGERIA AND ITS LIQUIDATION BY THE NIGERIA DEPOSIT INSURANCE CORPORATION

Introduction The banking sector is crucial for economic development and stability, acting as a key player in financial intermediation, facilitating payments, and providing a secure place for deposits. In Nigeria, the Central Bank of Nigeria (CBN)

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