Blog

Legal News & Resources

Cryptocurrency Regulation in Nigeria

Cryptocurrency is designed as a medium of exchange. It uses advanced cryptography functions as a safeguard against forgery. Most cryptocurrencies rely on distributed databases called blockchains, which make them decentralized and free from traditional central banking...

Lagos Court of Arbitration Newsletter

The December 2020 edition of the Lagos Court of Arbitration (LCA) newsletter to which our Managing Partner, Mrs. Oluwaseun Oloruntimehin, is the editor is now available. This edition of LCA's newsletter is futuristic in approach and raises discussion on the likely...

Recovery of Debt in Nigeria

Debt is a sum of money that is owed or due to be paid pursuant to an express agreement, it is a specified sum of money that one person (debtor) is obligated to pay and the other person (creditor) has the legal right to collect or receive. The most common forms of debt...

Goods and Services Exempted from Value Added Tax (VAT) in Nigeria

Value Added Tax, also known as VAT, is a consumption tax assessed on goods and services provided at each stage of the production process, from labor and raw materials to the sale of the final product or service. The VAT rate in Nigeria is currently pegged at 7.5%, a...