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…]
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…]
In 2008, SPA Ajibade & Co. inaugurated its annual lecture via a Business Luncheon. A reputable Speaker is selected each year to deliver a lecture on a topic and the paper is then discussed by other reputable members of the legal profession. The selected topics are usually of general interest to the legal profession and … [Read more…]
In 2008, SPA Ajibade & Co. inaugurated its annual lecture via a Business Luncheon. A reputable Speaker is selected each year to deliver a lecture on a topic and the paper is then discussed by other reputable members of the legal profession. The selected topics are usually of general interest to the legal profession and … [Read more…]
SPA Ajibade & Co. is set to host the legal community at its 6th Annual Business Luncheon scheduled to hold at The Metropolitan Club, Kofo Abayomi Street, Victoria Island, Lagos, Nigeria Thursday, 21st November, 2013 by 11.00am. The theme of this year’s Business Luncheon is, “The Future Legal Practice in Nigeria – Achieving Judicial Excellence” … [Read more…]
Litigation & Dispute Resolution
Litigation & Dispute Resolution
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…]
The ever-dynamic forms of international corruption involving financial crimes have elicited a hard global stance and posture in battling bribery and other related financial crimes. There is now a trend towards symbiotic and collective legal cooperation among various nations of the world in confronting international financial crimes and corruption. The reason for this development is … [Read more…]
Background The passage into law of the Nigerian oil and Gas Industry Content Development Bill in April 2010 by acting President GoodLuck Jonathan signified the domestication of the Oil and Gas Industry through local value additions. Prior to this, there was the introduction of the Local Content Policy in 2006 by the administration of former … [Read more…]