Subject to the provisions of this Act there shall be charged a tax to be called capital gains tax for the year of assessment 1967-68 and for subsequent years of assessment in respect of any capital gains, that is to say, gains accruing to any person on or after 1 April 1967 on a disposal […]
An Act to codify the law relating to bills of exchange, cheques and promissory notes.
The Federal Military Government hereby Acts as follows: –
An Act to provide a unified legal frame work for the fair and efficient settlement of commercial disputes by arbitration and conciliation; and to make applicable the Convention on the Recognition and Enforcement of Arbitral Awards (New York Convention) to any award made in Nigeria or in any contracting State arising out of international commercial […]
An Act to Prohibit and punish certain offences pertaining to Advance Fee Fraud and other fraud related offences and to repeal other Acts related therewith. COMMENCEMENT: 5th day of June 2006 Part I: Offences . 1. (1) Notwithstanding anything contained in any other enactment or law, any person who by any false pretence, and with […]
The Nigeria Data Protection Regulation 2019 (the “NDPR” or “Regulation”) is Nigeria’s principal legal framework for the protection of personal data. The NDPR is undeniably modelled after the GDPR of the EU and represents the country’s first wholesale attempt to regulate the use and processing of personal data. The NDPR is not specifically targeted at […]
As we progress through life and acquire assets, effective estate planning becomes increasingly crucial. A practical and flexible approach to safeguarding legacies during a person’s lifetime and an eventual smooth transfer after death is through the creation of a living trust. At SimmonsCooper Partners, we understand the importance of estate planning during and after death, […]
Commercial disputes are an inherent part of the business landscape. They can arise due to various reasons, such as contract breaches, disagreements over terms, or conflicts between business partners. Resolving these disputes efficiently and effectively is crucial for maintaining healthy business relationships and minimizing potential financial and reputational losses. Effective dispute resolution strategies are essential […]
Data is the new digital currency. This increasingly familiar expression is used to denote the invaluableness of data in today’s digital world. Indeed, data processing corporations feature prominently among the most valuable corporations in the world. As is typical with any lucrative venture, new entrants are emerging in the data processing space including tech startups, […]
WHAT IS TAX? Taxes can be defined as compulsory payments imposed by the government on individuals, families, corporations, and other entities. They are typically levied to generate revenue for the government and fund public expenditures, such as infrastructure development, healthcare, education, and defense. Taxes are a vital part of the functioning of a country, allowing […]
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