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1
Rewriting The Basis Of Corporate Expenses In Nigeria: FRCN Revokes Rule 4
Putsimply, the company cannot access foreign exchange at the official rate or market for remittances outside of Nigeria under the unregistered contract.
Nigeria
13 Aug 2019
2
FRCN Revokes Its Requirement For Regulatory Approval For Financial Transactions
The Financial Reporting Council of Nigeria (FRCN) has revoked Rule 4 of the FRCN Rules through a public notice (PN) dated 11 July 2019.
Nigeria
12 Aug 2019
3
The Joint Tax Board's New Tin Registration System
Welcome to a new age in tax administration as the Joint Tax Board's ("JTB") new Tax Identification Number registration system ("the new system") goes live.
Nigeria
9 Aug 2019
4
The Deferment Of The New Free Float Rules By The Nigerian Stock Exchange: What Nigerian Investors Should Know
Free float is the percentage of a publicly quoted company's shares which is not restricted from public trading and is made available on the stock exchange market.
Nigeria
9 Aug 2019
5
An Appraisal Of The Compulsory Treatment And Care For Victims Of Gunshot Act, 2017: Late Precious Owolabi
On Monday the 22nd of July 2019 news broke that one Mr. Precious Owolabi, a youth corps member serving at Channels Television News in Abuja
Nigeria
8 Aug 2019
6
Tax Appeal Tribunal's Judgement On The Taxability Of Gratuity Payments
The Tax Appeal Tribunal ("TAT" or "the Tribunal") sitting in Enugu State on 20 June 2019 delivered a judgment in favour of Nigerian Breweries Plc ("Nigerian Breweries" or "Appellant")
Nigeria
8 Aug 2019
7
FRCN revokes rule requiring regulatory approval before recognising certain expenses
The Financial Reporting Council of Nigeria ("FRCN") on Monday, 5 August 2019, issued a public notice
Nigeria
8 Aug 2019
8
Financial Reporting Council Says Transactions That Require Approval Of A Statutory Body Can Be Recognised Without The Approval
The revocation takes effect from 11 July 2019 and it is to be applied prospectively.
Nigeria
8 Aug 2019
10
Data Privacy Regulations Under The Nigerian Data Protection Regulations 2019
With the recent cybersecurity breaches involving major companies such as Google, which was slammed with a fine of £44 million and British Airways.
Nigeria
8 Aug 2019
11
The Review Of The Framework And Guidelines For The Use Of Social Media Platforms By Public Institutions
Social media has come to be recognised as a very important tool for the circulation of information due to its global reach.
Nigeria
8 Aug 2019
12
Cybercrime And Cybersecurity: FinTech's Greatest Challenges
As a starting point, the legal and regulatory facet of cybercrime and cybersecurity will be considered.
Nigeria
8 Aug 2019
13
An Overview Of The African Continental Free Trade Agreement: Implications For Nigeria
In 2018, the African Export-Import Bank reported that only 15% of international trade by African countries takes place within the African continent.
Nigeria
7 Aug 2019
14
Data Privacy Regulations Under The Nigerian Data Protection Regulation 2019
Recently, the NITDA commenced investigations on some identified data controllers for alleged breach of the NDPR.
Nigeria
7 Aug 2019
15
NITDA Grants A 3-Month Extension To Data Controllers To File Their Initial Data Protection Audit Report
The National Information Technology Development Agency (NITDA) has granted a three-month extension to Data Controllers and Processors (organizations and entities who collect and process
Nigeria
5 Aug 2019
16
#MeToo? – Sexual Harassment In The Workplace
In many parts of the world, sexual harassment is a cankerworm that continues to eat deep into the very fabric of the society.
Nigeria
2 Aug 2019
17
National Identity Management In Nigeria: Matters Arising
An effective national identity management system is critical to the development of any economy.
Nigeria
31 Jul 2019
18
Key Considerations On Decommissioning & Abandonment Costs In Nigeria
Within the last decade, the Nigerian upstream sector witnessed significant transactions involving the sale of interests in oil licenses.
Nigeria
31 Jul 2019
19
Intellectual Property Protection For Software Rights In Nigeria
Nigeria has a growing market for software products, and businesses have developed an increased need for this technology tool, to adapt to market changes, augment business processes...
Nigeria
29 Jul 2019
20
NSE To Resume Charging VAT On Commissions Applicable To Capital Market Transactions
The Circular reverses the existing incentives which exempt Value Added Tax (VAT) on all commissions applicable to capital market transactions.
Nigeria
26 Jul 2019
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