

The Oloture Claims/Counterclaims and the Unaddressed Data Protection Issues
By Olumide Babalola When sometime early December 2020, my wife – an Assistant Chief Legal Aid Officer with the Legal Aid Council of Nigeria persuaded me to see the Nigerian movie titled “Oloture” produced by EbonyLife Films, I was disappointed at the anti-climax since the villains were neither apprehended nor brought to criminal justice. At
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Corporate Governance Best Practices and Regulatory-Mandated Reporting Vis-A-Vis the Reporting Template for the Nigerian Code of Corporate Governance 2018
he Financial Reporting Council of Nigeria in its bid to institutionalize corporate governance best practices in Nigerian companies, increase entities’ levels of transparency, trust and integrity, and create an environment for sustainable business operations came up with Reporting Template for the Nigerian Code of Corporate Governance in 2018.
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The Mandatory Use of the NIN in Everyday Transactions and Matters Arising
The recent emphasis by the Nigerian Government on the mandatory registration and linkage of the National Identification Number (“NIN”) to all sim cards owned by Nigerians under various network providers operating in Nigeria is not entirely new.
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Breaking The Ground For The Transfer Pricing Jurisprudence In The Nigerian Tax Law: Prime Plastichem V. Federal Inland Revenue Service
Transfer Pricing (TP) in Nigeria entered a new phase of its development when the Tax Appeal Tribunal (TAT) on the 19th February 2020 (TAT) delivered its judgment in the case of Prime Plastichem Nigeria Limited v. Federal Inland Revenue Service1 (the PPNL case);
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Some Things You Should Know About the Finance Act 2020
The House of Senate and House of Representatives passed the Finance Bill on 15th and 17th December, 2020 respectively. On the 31st of December, 2020 the President of the Federal Republic of Nigeria gave his presidential assent and the Act took effect from 1st January, 2021. Below are some important things you should know about the new law:
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KUPOLATI V. MTN (NIG.) COMMS. LTD: On whether the court can be bound by the previous decision to exercise its discretion
CITATION: [2020]13 NWLR PT.1740 PG.. 2 Courtesy: Moruff O. Balogun Esq. Summary of Facts:The appellant, a legal practitioner, was a post-paid customer of the respondent on his GSM line No. 0803-720-0757. The appellant claimed that the respondent breached its contractual obligations to him when, for a cumulative period of thirty-one days, it blocked/ disconnected the
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Evaluating the Appropriateness of Summary Dismissal Under Nigerian Labour Law and in Line with International Best Practices
By ThankGod Nwedukwu, Esq. INTRODUCTION: Summary dismissal is a common law right of the employer to terminate the contract of service of an employee without option of issuance of a month notice or payment of a month salary in lieu of the notice. Unlike other options available for determination of contract of service, the employer
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AGWU & ORS v. JULIUS BERGER [NIG.] PLC: On Proper Step for Court Where Similar or Overlapping Reliefs are Sought in Both Interlocutory Application and Substantive Suit: An Insight into the Supreme Court Landmark Decision
CITATION: [2019]11 NWLR PT.1682 AT 165. Courtesy: Moruff O. Balogun Esq. Summary of Facts:The respondent is a public limited liability company. The appellants were some of its employees. The respondent informed its employees that it intended to declare some of them redundant, and that employees declared redundant and paid, should vacate its quarters within a
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The Digitalization of Advance Tax Rulings: The Use of Machine Learning to Improve the Ease of Doing Business, Preventing Avoidable Litigation and Ensuring Better Policy Decisions
By Chiedozie Kelechi Ogbu and Eze Kenechukwu INTRODUCTION The need for an advanced tax ruling may arise where there is an uncertainty as to the correct application or interpretation of tax law to a set of facts. In such cases, the tax payer can apply to the tax authority for an interpretation of the statute
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The Digitalization of Advance Tax Rulings: The use of machine learning to improve the ease of doing business, preventing avoidable litigation and ensuring better policy decisions.
By Chiedozie Kelechi Ogbu and Eze Kenechukwu. Introduction The need for an advanced tax ruling may arise where there is an uncertainty as to the correct application or interpretation of tax law to a set of facts. In such cases, the tax payer can apply to the tax authority for an interpretation of the statute
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