THE CIARB ANNUAL CALENDAR
The Chartered Institute of Arbitrators CIArb, United Kingdom was founded in 1915, incorporated in 1924, and granted a Royal Charter in 1979. The Chartered Institute of Arbitrators (United Kingdom) has a multi-disciplinary membership of over 10,000 members located in 84 countries around the world. CIArb is an international centre of excellence for the practice and […]
RECOVERED AMOUNTS FROM NIGERIAN BANKS
The sum of N8,461.9 billion was retained in the Federation Account, representing an increase of 45.1 per cent above the level in 2017, after an aggregate statutory deduction of N1,089.7 billion from both oil and non-oil revenue. Of this amount, N1,053.7 billion, N395.2 billion, and N378.0 billion were transferred to the VAT Pool Account, […]
THE NEW VAT REGIME AND THE POTENTIAL IMPLICATION
On 13 January 2020, President Muhammadu Buhari finally signed the Finance Bill 2019 (now Finance Act 2020) into law. The Finance Act (the Act) seeks to promote fiscal equity, align local laws with global best practices, introduce tax incentives for investments in infrastructure and the capital market as well as support small businesses in line with the ongoing Ease […]
20 Changes To Nigeria’s Tax Laws That May Affect You [2019 Finance Bill]
A Bill to amend various tax laws in Nigeria is currently undergoing legislative process at the National Assembly. The 2019 Finance Bill which was presented to the Legislature by President Muhammadu Buhari along with the 2019 Budget seeks to introduce sweeping changes. Below are some of the important changes you should know about: Excess […]
BUHARI NOMINATES KINGSLEY OBIORA AS CBN DEPUTY GOVERNOR
President Muhammadu Buhari has sent the name of Dr Kingsley Isitua Obiora to the Senate for confirmation as Deputy Governor of the Central Bank of Nigeria, CBN. Buhari’s nomination of Obiorah was contained in a letter sent to the President of the Senate, Ahmad Lawan. A statement signed and sent to DAILY POST by Buhari’s […]
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