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Searching Content from Nigeria indexed under Financial Services ordered by Published Date Descending.
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1
Wealth Planning Tools: Private Trust Arrangements
Do you have a single or multiple streams of income or investments? Do you earn income in the form of dividend, rent, interest etc. from your investments?
Nigeria
22 Aug 2019
2
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
3
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
4
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
5
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
6
An Overview Of The Regulatory Framework Of FinTech In Nigeria
Since the global financial crisis of 2007, several banking regulatory reforms have been instituted in a bid to increase trust in the Nigerian banking sector and maintain stability in the financial industry.
Nigeria
26 Jul 2019
7
IFRS 9 Changes To Financial Assets Accounting And Its Tax Implications
This article explores some of the changes introduced by the new standard in accounting for financial assets and possible tax implications.
Nigeria
25 Jul 2019
8
Tax Appeal Tribunal Holds That Excess Dividend Tax Applies To Previously Taxed Earnings
On 5 July 2019, the Tax Appeal Tribunal (TAT or Tribunal) held that where a company pays out dividends that exceeds its taxable profits in a given year of assessment, such dividends
Nigeria
23 Jul 2019
9
LIRS To Issue New Tax Identification Numbers To Taxpayers
The Lagos State Internal Revenue Service (LIRS) on 30 May 2019 issued a Public Notice informing the public of the new Tax Identification Number (TIN) which will be issued to every individual.
Nigeria
15 Jul 2019
10
LIRS To Issue New Tax Identification Number
Access to the LASG-EBS would require the validation of the tax payer's Bank Verification Number
Nigeria
10 Jul 2019
11
Tax Appeal Tribunal Says Gratuities Are Not Taxable
Previously, section 3 of the Personal Income Tax Act of 1993 (PITA 1993) – i.e. the charging section – imposed tax on gratuities, and the 3rd Schedule to the Act exempted gratuities
Nigeria
5 Jul 2019
12
Nigeria's New Insurance Business Regime: In Search For Bigger And Better Fortresses
NAICOM's power to administer, supervise, regulate and control the insurance industry is derived both from its establishment Act and the Insurance Act.
Nigeria
1 Jul 2019
13
Fintech Regulations In Nigeria- An Overview (Part 2)
Nigeria has seen remarkable growth in the technological sector, including an exponential growth in FinTech companies, encompassing start-ups and more established businesses.
Nigeria
25 Jun 2019
14
Facebook To Launch Its Digital Currency, Libra – Implications For Africa
A cryptocurrency is a digital or virtual currency designed to work as a medium of exchange. It uses cryptography to secure and verify transactions as well as to control the creation of new units of a particular cryptocurrency.
Nigeria
25 Jun 2019
15
LIRS To Introduce Unique Biometrics-Based Identifier For Taxpayers
The Lagos State Internal Revenue Service (LIRS) has issued a public notice (the Notice) on its intention to integrate the LASG-EBS Taxpayer Identification Digit (PID)
Nigeria
14 Jun 2019
16
Federal Government Of Nigeria's 2019 Budget Signed Into Law
President Muhammadu Buhari has signed the 2019 budget of the Federal Government of Nigeria into law. The Budget, which was signed on Monday, 27 May 2019,
Nigeria
13 Jun 2019
17
Capital Market Master Plan 2015–2025: Legal Imperatives For Achieving Nigeria's Big Dream
By the time ‘The Nigerian Capital Market Master Plan 2015-2025' was launched by the SEC in November 2015, as a 10-year road map for developing the country's capital market into a global financial center, ...
Nigeria
9 May 2019
18
Snapshots Of The Review Of The Minimum Capital Requirement For Microfinance Banks In Nigeria
On October 22, 2018, the Central Bank of Nigeria (CBN) issued a circular pursuant to its Microfinance Policy, Regulatory and Supervisory Framework (April 2011).
Nigeria
8 May 2019
19
Don't Pay For Ignorance, Use This Quick Reference Guide For Nigerian Taxes!
We are pleased to share the 2019 version of our Nigeria Tax Data Card containing summaries of over 15 different taxes in a tabular, pocket-sized format.
Nigeria
25 Apr 2019
20
Nigeria's President Declines Assent To National Housing Fund Bill, 2018
President Muhammadu Buhari has declined assent to the National Housing Fund (NHF) Bill, 2018 (the Bill) which was recently passed by the National Assembly.
Nigeria
22 Apr 2019
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