NERC MAKES MYTO COST-REFLECTIVE
Introduction Further to the authority given under Section 76 of the EPSR (Electric Power Sector Reform) Act 2005, the Nigerian Electricity Regulatory Commission (NERC or the Commission) established a policy…
DO YOU PAY VAT ON LEASED PROPERTIES?
In Ess-ay Holdings Limited v. FIRS (Federal Inland Revenue Services), the Tax Appeal Tribunal “TAT” ruled that under the VAT Act, VAT is paid on the supply of goods and…
NIGERIAN SEC REGULATES DIGITAL ASSETS
In line with the powers conferred on the Securities and Exchange Commission “SEC” “the Commission” by Section 13 of the Investment and Securities Act, 2007, the Commission recently issued a Statement on…
COMPULSORY INSURANCE COVERS IN NIGERIA
One of the biggest problems faced by the Insurance Industry in Nigeria is lack of awareness. Most people are not aware of the existence of Insurance neither do they know…
CBN ISSUES REVISED GUIDELINES FOR PAYMENTS SERVICE BANKS
On 27 August 2020, The Central Bank of Nigeria (CBN) released the revised Guidelines for Licensing and Regulation of Payment Service Banks (PSBs) in Nigeria ( the Revised Guidelines) to…