On 13 January 2020, President Muhammadu Buhari signed the Finance Bill, 2019 (now Finance Act) into law. The Finance Act of 2020 (the Act) reviews and amends several tax legislations. By so doing it consolidates into one statute many tax provisions from different tax statutes. The main thrust of the Act is to increase revenue … Continue reading Finance Act of 2020
INTRODUCTION We all have online lives, you know – our other homes: The ones on Facebook, Twitter, MySpace, Hotmail, Gmail and Yahoo etc. Personally, I love my Facebook account as well as my twitter handle. Many of my most robust conversations and interactions have been carried out on the internet via Facebook and twitter. I … Continue reading Dying Digitally
The COVID-19 pandemic and the unprecedented social lock downs in both Nigeria and internationally have seen a rapid increase in queries relating to force majeure. This article gives you the main legal principles and practical considerations in a nutshell. The Law Force majeure clauses are fairly common in commercial contracts but there is no standalone … Continue reading COVID-19 Force Majeure… Or Simple Frustration?
Garnishee proceedings is not new to the legal circle and litigants who have obtained executory judgments from any of the Courts in Nigeria. Nonetheless, it is regarded as one of the popular means of enforcing monetary judgments by judgment creditors. Despite the huge contributions of this legal procedural mechanism, there have been some recurring issues … Continue reading Garnishee Proceedings In Nigeria: Proposal For Reduction In Number Of Unnecessary Garnishees
Introduction Most people venture into business without carrying out proper due diligence required, they eventually end up incurring liabilities and loss. There are some elements that should not be taken for granted when starting business in Nigeria especially with the innovation and advancement of our laws. This paper would attempt to look at some of … Continue reading Starting Business In Nigeria; Some Notable Legal Tips