HomeCategory Articles

REGULATION OF DIGITAL LENDING PLATFORMS BY THE FCCP COMMISSION – AN ANALYSIS OF THE GREY AREAS

The Nigerian financial services industry has experienced significant growth in the last couple of years, due largely to the entry of an increased number of Fintech companies into the market. Nigerian Fintech companies provide innovative cutting-edge products to their customers mostly through the internet, which have in turn improved financial inclusion, especially for the unbanked in Nigeria.

THE PETROLEUM PROFITS TAX ACT

The Nigeria's Finance Bill of 2022 (the Bill) has made changes to several fiscal and administrative laws, including the Public Procurement Act, the Capital Gains Tax Act, the Companies Income Tax Act, the Customs, Excise Tariff, etc. (Consolidation) Act, Corrupt Practices and Other Related Offenses Act, the Personal Income Tax Act, the Petroleum Profits Tax Act (PPTA), and the Stamp Duties Act.

16D Akin Olugbade Street, Victoria Island Lagos
Block C Terrace 3, CT3, Lobito Crescent, Stallion Estate, Wuse II, Abuja
77B Woji Road, GRA Phase II, Port Harcourt
info@sskohn.com

GET IN TOUCH WITH US

JOIN OUR MAILING LIST

    Follow us: