Overview of 2024 Withholding Tax Regulations: Deduction of Tax at Source
In June 2024, the Federal Government of Nigeria through the Minister of Finance and Coordinating Minister of the Economy, Adebayo Olawale Edun issued the Deduction of Tax at Source (Withholding) Regulations, 2024, effective from July 1, 2024.[i] The purpose of the...
An Overview of Legal Recourse for Data Privacy Violations in Nigeria
With the increasing reliance on digital technology and the internet, data privacy has become a critical concern worldwide. In Nigeria, the protection of personal data is governed primarily by the Nigeria Data Protection Act, 2023, (NDPA) and the Nigeria Data...
Preserving Trade Secrets: Best Safeguards & Practices for Confidential Information
Trade secrets are a vital component of a company’s intellectual property portfolio giving them a competitive advantage over their competitors in the industry. For this reason, it is important that trade secrets are adequately protected to ensure not only the company’s...
Unraveling Tax Implications in Mergers and Acquisitions
As the saying goes, if you fail to plan, then you plan to fail. A business desirous of embarking on a successful Merger & Acquisition (M & A) transaction, must amongst other things, take into account tax concerns that may affect the structure of the deal and...