The Fintech sector in Nigeria is one of the fastest-growing sectors in the country. Nigeria is home to over 200 fintech companies including several fintech solutions offered by banks and mobile network operators as part of their product portfolio[1]. The increasing inclusion of mechanisms for day-to-day transactions is contributing to making it a thriving sector.…
Since the establishment of the African Continental Free Trade Area (AfCFTA) in 2018, by the African Continental Free Trade Agreement, the AfCFTA is the largest free trade area in the world measured by the number of countries participating. There has been much talk, especially in the circles of legal practitioners, concerning the operation of the AfCFTA and its impact on the businesses of their multinational clients.
The inefficacy of the regime for repatriating funds in Nigeria continues to stick out like a sore thumb in the country’s foreign investment ecosystem. Without a doubt, the goal of every investor in any economic setup is to receive a return on investment(s). For foreign investors, an added incentive of investing or doing business, especially in a country like Nigeria with significant opportunities, is the ability to access, and repatriate, funds, without any form of difficulty.
Centurion Plus is the brainchild of Centurion Law Group, which grew out of the demand for specialized legal expertise across the continent. Clients often require project-based lawyers who specialize in high-demand areas of expertise, such as M&A, contract negotiation, litigation, energy deals. While many companies typically employ in-house counsel, they often need extra help during…
This thought leadership piece is mainly descriptive as it seeks to review the various types of licenses under the PIA and undertake a comparative analysis of the PIA 2021 vis-à-vis PIA 2004.
Mauritius has been dubbed by its Economic Development Board (EDB) as the preferred jurisdiction for Africa by virtue of its unique blueprint consisting of strategic location, stable Government, highly skilled workforce, business-friendly environment and modern infrastructure which make it an ideal forum for business in the African region.
Part 6 of this paper concludes the discussion of the tax reform of non-professional activities and the reorganization of certain taxes.
Mauritius is widely recognized and internationally acclaimed as the foremost investment gateway into Africa. The country is the eastern-most part of Africa and is a member of the African Union and other economic blocs. Its prime location in the Indian Ocean, coupled with a buoyant financial system and a safe and secure system of law makes it an ideal base for companies investing in Africa.
Following the passing of the Companies Act, 2019 (Act 992), the Registrar of Companies has finally established its own office to register and regulate all types of business entities in Ghana.
Part 5 of this piece continues with the discussion of taxation and tax reform of nonprofessional activities
On July 19, 2022, the Nigerian government made an official announcement confirming the complete transformation of the Nigerian National Petroleum Corporation (NNPC) into NNPC Limited (NNPCL).
The Mauritius Banking Sector has been established since 1838 and boasts the oldest banking institution of the south of the Sahara, and one of the oldest banks of the Commonwealth.