In ensuring the successful operation of business, Compliance should not be ignored. The effects of non-compliance can spiral out to cause big problems which will be costly and may cause reputational issues for your business and organisation.What is compliance? Compliance means conforming to a rule, such as a specification, policy, standard or law.Regulatory compliance describes the goal that organisations […]Continue reading

Intellectual property (IP) refers to creations of the mind, such as inventions; literary and artistic works; designs; and symbols, names and images. It is a category of property that includes intangible creations of the human intellect. There are many types of intellectual property, the most well known types are copyrights, patents, trademarks, and trade secrets.The main purpose of Intellectual property Law is […]Continue reading

On the 13th November 2019, The Federal Competition and Consumer Protection Commission (“Commission” or “FCCPA”) issued guidelines for notification of foreign-to-foreign mergers with Nigerian Component. We understand that the Guidelines were issued pursuant to the provisions of Section 2(3) (d) of the Federal Competition and Consumer Protection Commission Act, 2018 (“FCCPA”), which extended the application of […]Continue reading

The Finance Bill currently passed by National Assembly has amended sections 33, 49 & 58 of the Personal Income Tax Act. Thus, individuals are required to produce their Tax Identification Numbers (TIN) before they can operate existing or new bank accounts in Nigeria. Thus, If you don’t have a TIN, you will not be able […]Continue reading

On the 21st of November, 2019, the Finance Bill 2019 was passed by the Senate after scaling through the second reading on the floor of the Senate.The Bill proposes fiscal measures in support of the 2020 Budget of the Federal Government of Nigeria with extensive tax implications for the country. Proposed Key Reforms in the […]Continue reading