by cybzity | Sep 16, 2024 | Nigerian Law
View full publication Introduction The legal framework governing arbitration practice in virtually all jurisdictions recognises that circumstances may arise where an arbitral award may be unacceptable to a party owing to some defects considered germane to the conduct...
by cybzity | Jul 11, 2024 | FAQ
View full publication Part 1 The Minister of Finance recently signed the Deduction of Tax at Source (Withholding) Regulations 2024 (‘WHT Regulations 2024’ or ‘Regulations’). The Regulations, which have not been gazetted, concern the withholding tax regime in Nigeria....
by cybzity | May 28, 2024 | Nigerian Law
View full publication Introduction Res judicata is an equitable principle founded on public policy considerations and has been applied in the Nigerian justice system since its inception. It is predicated on the idea that a decision of a court of competent jurisdiction...
by cybzity | Apr 24, 2024 | Commercial Leases, Tax Regime
View full publication Introduction Value Added Tax (“VAT”) is charged and paid on the supply of all goods and services, except those specifically exempted under the first schedule to the Value Added Tax Act (the “VAT Act”). Prior to the Finance Act 2019 and the...
by cybzity | Mar 19, 2024 | Nigerian Law
View full publication Introduction The National Industrial Court of Nigeria (“the NICN”), the court of first instance for employment disputes in Nigeria, is developing an interesting jurisprudence on the consequences of an employee terminating his employment contract...