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Banwo & Ighodalo ("B&I") was established on the 1st of February, 1991 with a resolve to create a world class law firm. Today, we are known for…
Banwo & Ighodalo | Nigeria | 27 Jan 2021
Finance Act 2020: Highlights of Latest Developments in Nigeria’s Tax Regime
President Muhammadu Buhari signed the Finance Act 2020 into law on December 31, 2020.
Banwo & Ighodalo | Nigeria | 2 Nov 2020
Copycat or Coincidence: Establishing copyright infringement in similar literary works
Similarity between two works often implies that one is a copy of the other. However, in the creative world, where different perspectives of an idea…
Banwo & Ighodalo | Nigeria | 11 Aug 2020
Companies and Allied Matters Act 2020: Reforming provisions that impact the Nigerian business community
On August 7, 2020, President Muhammadu Buhari assented to the Companies and Allied Maters Act, 2020 ("CAMA 2020"), which repeals and replaces the…
Banwo & Ighodalo | Nigeria | 2 Jul 2020
Stamping of electronic documents under the stamp duties act (as amended by the Finance Act): Impact of the firs’ clarification circular
On April 29, 2020, the Federal Inland Revenue Service (“FIRS”) published a circular titled Clarification on the Provisions of the Stamp Duties Act…
Banwo & Ighodalo | Nigeria | 25 Jun 2020
FIRS clarifies changes introduced to Nigerian VAT regime by the Finance Act 2019
The Value Added Tax Act (“VAT Act”) was one of the seven (7) principal tax statutes amended by the Finance Act, 2019 (“Finance Act”). Being a tax…
Banwo & Ighodalo | Nigeria | 19 Jun 2020
Determination of significant economic presence by a foreign entity taxable in Nigeria’s Digital Economy
Pursuant to powers conferred under section 13(4) of the Companies Income Tax Act (“CITA”), as amended by the Finance Act (2019), the Minister of…
Banwo & Ighodalo | Australia, Nigeria | 21 May 2020
Finance minister issues order expanding the goods and services exempt from VAT in Nigeria
Acting pursuant to the power conferred by Section 38 of the Value Added Tax Act ("VAT Act"), the Honourable Minister of Finance, Budget and National…
Banwo & Ighodalo | Nigeria | 5 May 2020
The Banking Regulation Review: Nigeria
Banwo & Ighodalo | Nigeria | 6 Apr 2020
Policy & Regulatory Measures against the Coronavirus Pandemic in Nigeria
The Coronavirus Disease (COVID-19) continues to significantly impact people's health, businesses and the global economy. From country shutdowns…
Banwo & Ighodalo | Nigeria | 30 Mar 2020
Acquisition Finance in Nigeria
