The NBA Nnewi Branch has asked the Electoral Committee of the NBA (ECNBA) to clear Mr. Mazi Afam Osigwe to contest the forthcoming NBA election on the ground on the grounds that he is a complying member of the branch.
Justice Ibrahim Buba in a judgment delivered at the Federal High Court Sitting in Lagos on Wednesday, reiterated that the Federal Government of Nigeria and it’s agencies are bound to recognize an arbitral award rendered in Dec 2015, on the issue.
Justice Ibrahim Buba of the Federal High Court, Lagos, yesterday convicted First Bank Plc, its chairperson, Ms Ibukun Awolaja, and the managing director, Dr. Adesola Adeduntan, over their refusal to honour the payment of N122 billion bond guaranteed by the bank. The conviction of the trio was as a result of the N122 billion judgement debt against Shell Petroleum Development Company (SPDC) in an oil spill suit filed by Ejama community in Ogoniland, Rivers State.
President Muhammadu Buhari on Wednesday evening named Mr Abiola, winner of 1993 presidential election that was annulled by former dictator Ibrahim Babangida, a holder of the Grand Commander of the Federal Republic, GCFR, 20 years after his death in 1998.
Justice C. A. Balogun of the Lagos High Court has declared Lagos-based nonagenarian lawyer, Pa Tunji Gomez, as a full beneficiary of the Estate of Chief T.A. Doherty. In a separate, but related matter, Justice Wasiu Animahun of the same court also entered judgment in Gomez’s favour in a N5.3million lawsuit.
The suspended Director-General of Nigerian Securities and Exchange Commission (SEC), Mounir Gwarzo, on Monday filed a suit before the National Industrial Court, Abuja, challenging his suspension by the Minister of Finance. Mr Gwarzo, who was suspended from office in November over alleged financial misappropriation, is seeking the court to determine some issues pertaining to the minister’s action.
A Review of the Regulation and Taxation of the Gaming Industry in Nigeria (A Comparative Study) 2 By Oshobugie Irumekhai And Oluwatobiloba Adesemowo
Governmental policy worldwide is what determines whether gaming activities are taxable or not. There is an absence of taxes in respect of gaming activities in jurisdictions where gaming has not been legalized. In other jurisdictions where gaming is legal, taxes are usually imposed on the income derived from gaming activities although this is not always the case as some jurisdictions like the United Kingdom have abolished taxes dealing with gaming activities.
The Nigeria Bar Association (NBA) is seeking collaboration with the Securities and Exchange Commission (SEC) in the Commission’s efforts to deepen the capital market. Chair NBA Section on Business Law (SBL) Mr. Olumide Akpata, made the call when members of the NBA-SBL visited the SEC office in Abuja
A Responsible Government Cannot Dismiss Reports Of Horrendous Crimes Against Its Own Citizens Without Investigation – Access to Justice
Amnesty International has just published a report titled: ‘THEY BETRAYED US’ WOMEN WHO SURVIVED BOKO HARAM RAPED, STARVED AND DETAINED IN NIGERIA”. The report alleges that the Nigerian military “has carried out systematic patterns of violence and abuse against this population, including war crimes and possible crimes against humanity”.
A Review of the Regulation and Taxation of the Gaming Industry in Nigeria (A Comparative Study) By Oshobugie Irumekhai & Oluwatobiloba Adesemowo
The gaming industry in Nigeria is one with enormous potential for revenue generation. However, the prospect of realizing this potential is seriously hindered by the lopsided policies of regulation and taxation in the industry. This study attempts to critically examine the current state of the industry by reviewing the regulatory framework for gaming in Nigeria as well as highlighting the applicable taxes in that industry and juxtaposing with what obtains in advanced jurisdictions.