“The denial and statement shifting blame to ‘some users who had not activated some of our recommended security settings’ is typical of what many financial institutions in Nigeria say whenever a customer complains of unauthorized withdrawals or transfers from their accounts.”
“All lawyers are learned but others are more knowledgeable in certain areas than others. Accept this simple truth and learn to consult experienced colleague(s) in the relevant areas of law.”
“Copyright ownership prevents third parties from duplicating or copying, distributing copies, performing, showcasing or otherwise publishing the work of the owner, without the owner’s consent, either for financial gain or otherwise . Conversely, copyright owners (licensors) have the right to grant individuals or entities (licensees) the right to use, reproduce, distribute, and display their copyrighted works. In Nigeria, the right of copyright owners is governed by the Copyright Act which provides…”
The Federal Government’s decision to remove fuel subsidies, float the naira and liberalise the foreign exchange market will bring in substantial revenue. But more sources of revenue will be required. The federal government appears mostly focused on tax revenues and a little fraction of non-tax revenue from oil and gas. This article highlights vast opportunities in non-tax revenues.
“The restricted items included a range of products such as Rice, Cement, Margarine, Palm kernel, Palm oil products, Vegetable oils, Meat and processed meat products, Vegetables and processed vegetable products, Poultry and processed poultry products, Private Airplanes/Jets, Indian Incense, Tinned fish in sauce (Geisha)/sardine, Cold rolled steel sheets, Galvanized steel sheets, Wheelbarrows, Head pans, and more.”
NGX is a company engaged in the acquisition, leasing, hiring, and part-exchanging of real property. NGX had classified its rental income as exempt from VAT. On February 18, 2022, the FIRS issued a letter to NGX, alleging that….