Detail Commercial Solicitors | Sep 29, 2025 | Newsletters
In August 2023, President Bola Ahmed Tinubu inaugurated the Fiscal Policy and Tax Reforms Committee (“the Committee”) with a mandate to undertake a comprehensive overhaul of Nigeria’s tax system. Pursuant to this mandate, the Committee developed four major tax reform... 
Detail Commercial Solicitors | Jul 11, 2025 | Newsletters
With the full rollout of Open Banking scheduled for August 2025, in this newsletter, we explore the intricacies of this pivotal development, exploring its foundational concepts, the framework guiding its implementation, and the profound implications for financial... 
Detail Commercial Solicitors | Jul 9, 2025 | Newsletters
The Securities and Exchange Commission (SEC) has released a fresh Guidance Note clarifying its recent Circular on the Transmutation of Independent Non-Executive Directors and Tenure of Directors. This development has far-reaching implications for Capital Market... 
Detail Commercial Solicitors | Apr 29, 2025 | Newsletters
The Nigerian Investment Promotion Commission (NIPC) has introduced a revised Service Fee Schedule, impacting business registrations and Pioneer Status Incentive (PSI) applications. These changes reflect the Commission’s drive to enhance service delivery and support... 
Detail Commercial Solicitors | Mar 4, 2025 | Newsletters
The Central Bank of Nigeria (CBN) has taken a bold step towards strengthening the country’s foreign exchange market with the introduction of the Nigeria Foreign Exchange Code (FX Code). With this move, Nigeria aligns with global financial hubs like the United... 
Detail Commercial Solicitors | Feb 3, 2025 | Newsletters
The Nigerian tax landscape is on the brink of transformation with four key tax reform bills currently under review. From tax harmonization to revenue administration and dispute resolution, these bills aim to simplify processes, attract foreign investment, and...