Blog
The Court of Appeal Reaffirms Lawyers’ Obligation To Register with The FIRS for Payment of VAT
The Jos Judicial Division of the Court of Appeal has reaffirmed the obligation placed on Legal Practitioners by the Value Added Tax Act Cap VI 2004 (as amended) (“VAT Act”) to register with t...
NNPC Selects Companies for the 2019/2020 DSDP Contract
The Nigerian National Petroleum Corporation (“NNPC”) recently announced the list of companies that have been selected to supply petroleum products under the 2019/2020 Direct Sale and Direct Purcha...
THE BOARD OF DIRECTORS AND RISK MANAGEMENT
The online business dictionary defines risk management as the identification, analysis, assessment, control, and avoidance, minimization, or elimination of unacceptable risks[1]. Over time and i...
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Nigerian President Signs AMCON (Amendment) Act 2019 into Law
The Nigerian President, Muhammadu Buhari has signed into law the AMCON (Amendment) Act, 2019 (the “Act”). This amendment comes on the heels of a 2015 amendment to the original Act which was signed...
Regulating Comparative Advertising in Nigeria
Wikipedia defines advertising as a form of marketing communication that employs an openly sponsored, non-personal message to promote or sell a product, service or idea. In the words of Leo Burnett - ...
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CBN Issues Draft Consumer Protection Guidelines on Responsible Business Conduct
In a bid to improve the lending market as well as protect consumers of financial services, the Central Bank of Nigeria (the “CBN”) recently released draft Consumer Protection Guidelines on Respons...
FGN Issues Power Sector Policy Directives and Guidelines
As part of its commitment towards improving supply of electricity and to encourage investments in the Nigerian power sector, the Federal Government of Nigeria (the “FGN”) through the Ministry of P...
THE LION KING: SIMBA VS KIMBA What’s The Worst That Could Happen?
Image: https://osakaghoul.com/kimba-the-white-lion-anime-concept-that-disney-stole/The live action remake of the 1994 animated feature, The Lion King, was released to much anticipation on July 9th thi...
Minogue vs Jenner: The Battle of the Kylies
Kylie Jenner, an entrepreneur and a reality TV star (from the TV show “Keeping up with the Kardashians”) has made several efforts to trademark her name in the United States of America. Jenner file...
LIABILITY OF COMPANIES WHERE THE MINIMUM NUMBER OF DIRECTORS FALLS BELOW THE STATUTORY MINIMUM
Image: https://chambermaster.blob.core.windows.net/userfiles/UserFiles/chambers/114/Image/Images/ExecCommGraphic.pngThe Companies and Allied Matters Act [1](“CAMA” or “the Act) provides that eve...