What is VAT? Value Added Tax (VAT) is a tax imposed on the supply of goods and services. Under Nigerian law, the tax is charged at 7.5% of the value of the taxable goods and services. Despite a lot of speculation during the 2025 tax reform debates, the rate did not go...
What is a Tax ID (formerly TIN)? The Tax Identification Number — now officially called a “Tax ID” under Nigeria’s new tax laws — is a unique number that identifies a specific individual or business for the purposes of paying taxes. As tax payment is...
If there’s one thing a Nigerian lawyer loves to do, it’s show off. They manage it in many ways, but by far the favourite is interspersing their conversation with Latin terms (and also using big grammar like ‘interspersing’). Latin is a fixture...
This is a high-level overview of what the Cybercrime Act 2015 provides, and things we should be aware of. 1. The Nigerian Cybercrime Act 2015 gives the President the power to designate certain computer systems, networks and information infrastructure vital to the...
Can you claim compensation for a Domestic airline flight delay? The short answer to this is Yes. Generally, the right of a passenger to compensation for a flight delay will depend on the length of the delay; and the reason for the delay/cancellation. Under Nigerian...