The new CAMA 2020 has simplified the procedure for incorporating private and small businesses in Nigeria by introducing certain provisions that will aid the ease of doing business in Nigeria. Especially, as they positively affect the establishment

On the 23rd of March 2020, the Chief Justice of Nigeria and Chairman of the National JudicialCouncil- Hon. Dr. Justice Muhammad, CFR, directed that all court sittings be suspended for an initial period of two weeks

The Central Bank of Nigeria [CBN], in its capacity as the regulatory body for financial institutions in Nigeria, recently, pursuant to its powers under the CBN Act, particularly, Section 2(d), issued operational guidelines for Global Standing Instructions [GSI] for individuals [the guidelines] to take effect from the 1st of August 2020.

The Finance Act recently signed into law by President Muhammadu Buhari is a game-changer with the overall objective of not only raising government revenue through various fiscal policies but also, reforming domestic tax laws to align with global best practices.

Sequel to the decision of the Federal Government to appropriate and securitize unclaimed dividends estimated at N850billion1 and dormant account balances of up to six (6) years in the country, legitimate concerns have been raised by stakeholders on the move backed by the Finance Act 2020 (The Act).

On the 13th of November 2020, the President and Commander-in-Chief of the Federal Republic of Nigeria, President Muhammadu Buhari, signed into law the Banks and other Financial Institutions Act (BOFIA 2020). This new Act replaced the Banks and other Financial Institutions Act (1991 as amended).

The COVID-19 pandemic took the world by surprise and generally changed many things about life as we know it. To curb the spread of the virus, governments in various countries implemented policies that led to the shutting down of all activities in their countries save for services and industries deemed essential.