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Banwo & Ighodalo logo
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…
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Banwo & Ighodalo | Nigeria | 26 Sep 2022

The legal implications of sampling music under Nigerian law

In 2019, Ajibola Muyiwa Danladi, popularly known as ‘Danny Young’ brought copyright infringement proceedings against Tiwa Savage and her then record…
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Banwo & Ighodalo | Nigeria | 13 Sep 2022

Tax Appeal Tribunal rules on security deposit requirement for prosecution of tax appeals

Taxpayers in Nigeria have had to grapple with conflicting interpretations of applicable statutory provisions, on the correct position of the law…
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Banwo & Ighodalo | Nigeria | 8 Sep 2022

Real Estate Investment Trusts in Nigeria

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Banwo & Ighodalo | Nigeria | 8 Jul 2022

Trademark Infringement: Analyzing the Concept of 'Confusingly Similar Trademarks

The Nigerian Trade Marks Act (Act) prohibits the registration of a trademark which is confusingly similar to an already existing trademark and which…
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Banwo & Ighodalo | Nigeria | 27 May 2022

FIRS Issues Public Notice on Submission of Certificate of Acceptance

Recently, the Federal Inland Revenue Service (“FIRS”) issued a public notice, titled “Submission of Certificate of Acceptance” (the “Public Notice”)…
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Banwo & Ighodalo | Nigeria | 26 May 2022

Clarification on The Regulation of Crude Oil Export Terminals Under the Petroleum Industry Act, 2021

The Petroleum Industry Act 2021 (the "Act") which was passed into law on August 16, 2021, introduced several changes to the Nigerian oil and gas…
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Banwo & Ighodalo | Nigeria | 19 May 2022

Bank Neutral Cash Hubs in Nigeria: Understanding the Proposed Operational Framework

The Central Bank of Nigeria (“CBN”) on March 15, 2022, issued an exposure draft of guidelines for the operation of Bank Neutral Cash Hubs (“BNCH” or…
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Banwo & Ighodalo | Nigeria | 31 Mar 2022

The Nigeria Data Protection Bureau: key issues for consideration

In February 2022, following an application by the Minister of Communications and Digital Economy, Professor ISA Ali Pantami, President Muhammadu…
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Banwo & Ighodalo | Nigeria | 21 Mar 2022

NAICOM Deepens Insurance Penetration In Nigeria With The New Operational Guidelines For Insurance Web Aggregators

Recently, the National Insurance Commission ("NAICOM") issued the Insurance Web Aggregators Operational Guidelines (the "Guidelines") which set out…
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Banwo & Ighodalo | Nigeria | 10 Mar 2022

FIRS Grants 1-Month Concession To Taxpayers Allowing Outstanding Foreign Currency-Denominated Tax Liabilities To Be Settled In Naira

Recently, the Federal Inland Revenue Service (“FIRS”) issued a Public Notice titled "Payment of Outstanding Foreign Currency Tax Liabilities in…
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