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February 26, 2021
To print this article, all you need is to be registered or login on Mondaq.com. The Federal High Court (FHC or "the Court") Lagos Division, on Monday 28 September 2020, overturned the judgment of the Tax Appeal Tribunal (TAT or "the Tribunal) in the appeal between the Federal Inland Revenue Service (FIRS or "the Appellant") and Total E&P Nigeria Limited (Total or "the Respondent") by ruling that petroleum investment allowance (PIA) should be included in the computation o...
February 26, 2021
The Human Rights Writers Association of Nigeria, HURIWA, has urged President Muhammadu Buhari-led federal government to allow cow dealers to run their
February 26, 2021
Newsmen in Zamfara State covering the recent abduction of the over 300 schoolgirls have escaped a mob attack by indigenes of the Jangebe community
February 24, 2021
Fino Payments Bank is now a scheduled bank
February 24, 2021
Fino Payments Bank on Wednesday said it will be able to improve its business prospects further as the RBI has included it in the category of a scheduled commercial bank. The Reserve Bank on Tuesday said it has included Fino Payments Bank in the Second Schedule of the Reserve Bank of India Act, 1934. The scheduled commercial bank, also called scheduled bank, status allows Fino to enhance its banking position in the treasury and participation in liquidity adjustment facility (LAF) window as per...
February 24, 2021
Punch Newspapers Sections Leke Baiyewu, Abuja Members of the House of Representatives were, on Tuesday, divided over a bill seeking to allow states to individually determine the minimum wage suitable for them. Presently, the Federal Government maintains the exclusive powers to negotiate and determine the national minimum wage for workers across the three tiers of government in Nigeria. On Tuesday, a bill seeking an amendment to the 1999 Constitution by removing matters relating to wages from t...
February 23, 2021
The bill, when it goes through all legislative processes, will have states be in controls of corrections facilities and systems.
February 23, 2021
The Federal Board of Revenue (FBR) will collect a reduced rate of 0.25 percent withholding tax on commercial import of white sugar from January 26, 2021,
February 23, 2021
A bill to remove prisons from exclusive list and transfer it to the concurrent list has scaled second reading in the House of Representatives.
February 23, 2021
It is disturbing to note that despite the existence of the law, we still grapple with the realities of torture