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The bill seeks to amend the Coastal and Inland Shipping (Cabotage) Act 2003 (“the Principal Act”), to include oil rigs as a vessel, within the meaning of a vessel under the Act, and subject to every other provision of the Act relating to vessels

The Federal High Court Port Harcourt Division recently held that the Rivers State Government and not the Federal Government is empowered to collect Value Added Tax (“VAT”) among other taxes in the State.

On 24 May 2021, the Central Bank of Nigeria (‘CBN’) issued a circular on the new license requirements for the Payment Systems in Nigeria(the ‘Circular’). This is a follow-up to its circular dated 9 December 2020 issued...

According to United Nations Children’s Fund (UNICEF), one in four girls and ten percent of boys have been sexually violated in Nigeria and the majority of them have received no help or support1.

The CoronaVirus (COVID-19) pandemic has necessitated huge changes to business activity all over the world. Several countries have implemented statewide lockdowns to curb the spread of the virus.

During financial distress, the number of insolvency cases increases. Proceeds from the forced Sale Value of assets may not be sufficient to offset outstanding amounts due or satisfy all the creditors, in the event

What will be considered as a small firm will vary depending on the factors and industry being considered? The typical metrics used to determine the smallness of a firm are employee size and/or revenue.

The equality of interests under a contract is subjective; depending on factors such as the status and capacity of the parties, the context of the contract, the obligations of and benefits to each party under the contract

Corporate Governance Nigeria – 2016 Reproduced with permission from Law Business Research Ltd. This article was first published in Getting the Deal Through: Corporate Governance 2016,