Consumers Protection in Advertised Promotion and unsolicited Commercial Calls and Text Messages in Nigeria

Promotional adverts in the Nigerian Telecoms Industry have become prevalent with the advent of the Global Systems for Mobile Telecommunications (GSM). Telecom companies promise subscribers various items and gifts with a view to out-do each other. Most of the time, a subscriber receives an unsolicited commercial call, or a text message at odd hours trying … [Read more…]

Halliburton vs. FIRS: Judgment Review

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]

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

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…]