Recently, the Nigerian Senate passed a bill to revoke and reenact the Companies and Allied Matters Act. An individual intending to form a company can explore beyond the sole-proprietorship option. The proposed Act would reduce the “2 or more persons” requirement for the…
The Nigerian Investment Promotion Commission (NIPC) has launched an online portal (iGuide Nigeria) for investors seeking to conduct business in Nigeria. The iGuide Nigeria emerged as a collaboration between NIPC, the United Nations Economic Commission for Africa (UNECA) and United Nations Conference on…
The Federal Executive Council (FEC) approved two executive orders and five amendment bills on 6 June 2018. Value Added Tax Act (Modification) Order and Review of Goods Liable to Excise Duties and Applicable Rate Order are the two executive orders. Also, the five…
