How to Establish a Microfinance Bank in Nigeria
What is a Microfinance Bank (MFB)? Microfinance Bank (MFB) is any company licensed by the Central Bank of Nigeria (CBN) to carry on the business of providing financial services such as savings and deposits, loans, domestic funds transfer and non-financial services to microfinance clients.
An Overview of the Taxation of Non-Resident Companies in Nigeria
Introduction A company in Nigeria, whether resident or non-resident, is subject to taxation if its income falls within the scope of the Companies Incomes Tax Act.
Passage of the Hydrogen Society Promotion Act and the CCS Business Act
Introduction May 24, 2024 saw the promulgation of the “Act on Promotion of Supply and Use of Low-Carbon Hydrogen, etc.,
Investment and Profit Sharing of Shareholders: How to Amend the Share Memorandum
Introduction: Investment is a cornerstone of corporate governance under Federal Decree-Law No. 32/2021 on Commercial Companies Law (Companies Law),
Recent Amendments to the UAE’s Extradition and Judicial Assistance Law
Introduction: The UAE has enacted Federal Decree-Law No. 38/2023, amending Federal Law No. 39/2006 on Mutual Judicial Cooperation in Criminal Matters.
UAE Introduces New Laws Against Religious Defamation and Extremism
Introduction: In a significant legislative move, the UAE has enacted Federal Decree-Law No. 34/2023 on Combating Discrimination, Hatred, and Extremism aimed at addressing discrimination, hatred, and extremism.
Competition Law and Labour Markets – EU Commission Looks at Wage-Fixing and No-Poach Agreements
In recent years, competition authorities in the US have focused quite heavily on tackling anti-competitive practices in labour markets,
A Practical Checklist of Things to Avoid with New Launches of Prescription-Only Medicines in Singapore
Pharmaceutical companies that plan launches of prescription-only medicines need to be aware: there are regulatory matters in Singapore things which can interrupt your launch if they’re not sufficiently attended to.
European Media Freedom Act (EMFA): EU’s Weapon in the Fight for Pluralistic and Independent Media?
A new EU law governing the media services sector entered into force on 7 May.
Publication of a draft law implementing the NIS 2 Directive
On 24 April 2024, the Ministry of Digital Affairs published a draft amendment to the National Cybersecurity System Act,