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...
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. An illustration of this is if you sell shoes for N10, 000, the VAT chargeable on...
Compulsory Acquisition of Land The compulsory acquisition of land is the process by which the government acquires from private landowners their land which is needed for any public purpose or for a purpose beneficial to the economic development of Nigeria. It is a...
What is Personal Income Tax? Personal Income Tax is a direct tax charged on the income of a person. In the context of personal income tax, a ‘person’ means an individual, a sole proprietorship (non-juristic person), communities and families and on...