Halliburton vs. FIRS: Judgment Review

An Overview of the Freedom of Information  Act (An Appraisal from a Lawyer's Perspective)

LAGOS Zone of the Tax Appeal Tribunal (the tribunal) on Friday, September 14, 2012, in what could be considered a watershed in the development of Nigeria’s jurisprudence on taxation, delivered its judgment in the case of Halliburton Energy Services Nigeria Limited (Appellant) vs. Federal Inland Revenue Service (FIRS). The judgment of the tribunal has, undoubtedly, … [Read more…]

Capitally Complex [culled from cdr-news.com]

An Overview of the Freedom of Information  Act (An Appraisal from a Lawyer's Perspective)

Babatunde Ajibade and Debo Ogunmuyiwa of SPA Ajibade & Co consider the complex legal framework of capital market disputes in Nigeria, which continues to encourage forum shopping by litigants. Prior to 1999, capital market disputes in Nigeria were resolved by the Securities and Exchange Commission or before the Federal High Court (FHC), depending on their … [Read more…]

New Measures Enhance Disclosure and Ease Company Registrations

An Overview of the Freedom of Information  Act (An Appraisal from a Lawyer's Perspective)

Introduction As part of the Investment Climate Reform Programme, which is aimed at reducing the cost of doing business in Nigeria and improving Nigeria’s competitiveness rating as a foreign direct investment destination, the Corporate Affairs Commission (CAC) and the Nigeria Investment Promotion Commission (NIPC) have recently made changes that impact on the registration of business … [Read more…]