Following the 11 rounds of bidding organized by the Nigerian Communications Commission, NCC in concert with the Federal Ministry of Communications and Digital Economy, during which Mafab Communications Ltd and MTN Nigeria Plc emerged the two successful winners of the 3.5 gigahertz (GHz) Spectrum auction for the deployment of Fifth Read more…
INTRODUCTION Investment is fundamental to the growth and development of any economic entity. Returns on investments profits the individual and have positive effects on the society at large. Generally speaking, investment refers to all economic activity that involves the utilization of resources to produce goods and services. Investments can be Read more…
INTRODUCTION The welfare of employees in any organisation is paramount to the success of such an organisation. Employees are regarded as the force that makes any business operational, hence there is the need to ensure that this workforce is well-taken care of to enhance productivity and efficiency. For this reason, Read more…
Introduction There are numerous companies in Nigeria, established mostly for profit making. The existence of these various companies has lent weight to Nigeria being known as one of the most industrious countries in Africa, as a greater population of her citizens own companies and businesses that either deal on production Read more…
Introduction A major strategy deployed by every economy, including Nigeria, for revenue generation, is Taxation. The term Taxation can be described to mean the act of imposing tax payment on citizens, business owners and non-citizens who carry out business in a country, by the Government. Put in a more relatable Read more…
INTRODUCTION The Central Bank of Nigeria is empowered under the Central Bank of Nigeria (CBN) Act 2007 and the Banks and Other Financial Institutions Act (BOFIA) 2020, to issue legal tender currency, promote a sound financial system[1] and promote the development of electronic payments system. In furtherance of its power/mandate, Read more…
On the 12th of October 2021, the Central Bank of Nigeria, (CBN) exercised the powers conferred on it under the Central Bank of Nigeria Act (CBN Act), 2007 and the Banks and Other Financial Institutions Act (BOFIA) 2020, and issued the ‘Revised Regulatory Framework for the Bank Verification Number (BVN) Read more…
In line with our capacity building and growth enhancement initiative intelligently designed for our Interns to meet distinguished individuals who are reputed to be Trail Blazers and have contributed significantly to the growth of legal profession, we visited Mr. Adebayo Adenipekun, SAN, FCIArb. FCArb, Managing Partner, Afe Babalola, SAN & Read more…
INTRODUCTION It is an indisputable and unvarnished fact that a country cannot thrive economically without foreign investment ‘protection’, which is essential to the achievement of business objectives and economic viability of any economy.[1] A foreigner desirous of investing in Nigeria has two options: to either choose Foreign Portfolio Investment (FPI), Read more…
Introduction The Hospitality and Tourism sector in Nigeria is fast growing and gaining teeth and currency with the passage of each day. This is influenced by the unvarnished fact that the sector enjoys global recognition and has proven to stimulate the economy of countries that invest greatly in it. It Read more…