TAX SERIES: HIGHLIGHTS OF THE FINANCE BILL 2022
On the 3rd of January 2023, President Muhammadu Buhari signed the 2023 Appropriation Bill for the implementation of the National Budget (the “Budget”) into law. One of the key things that stood out about the Budget is that Nigeria’s projected expenditure for 2023 is the highest in its over 60-year history, with the Federal Government […]
UUBO advises Phatisa Food Fund II on its investment in Manipal International Holdings
UUBO congratulates African Private Equity fund manager, Phatisa, and India-based printing, packaging, and technology conglomerate, The Manipal Group, on Phatisa Food Fund 2’s acquisition of a significant minority stake in Manipal International Holdings Limited – a leading printing and packaging products provider to diverse industries, including the food and beverage market industries across Africa. We […]
Client Update on the Nigeria Startup Act 2022
UUBO’s General Corporate Advisory team is pleased to have published a client update on the Nigeria Startup Act 2022. Contributors to the update include Ozofu ‘Latunde Ogiemudia, Kelechi Ibe, Aanu Odunaike, Ikechukwu Fijo and Dumebi Anike-Nweze. The update highlights new developments and critical regulatory provisions of the Act that will impact the start-up ecosystem in […]
ICE Summit 2022 – The relevance of tax compliance in managing tax disputes
Register at icesummit.uubo.org to join Udo Udoma & Belo-Osagie’s expert panel as they share their vibrant, diverse perspectives and insights on ‘The relevance of tax compliance in managing tax disputes’ on Wednesday, September 28 from 14:00 to 15:30 hours (WAT). The panel for this second session of Udo Udoma & Belo-Osagie’s ICESeptemberSeries2022 will feature Lolade […]
The Value Added Tax Quandary: Which Way to Go
Tax disputes in Nigeria: the tax appeal tribunal rules that the federal inland revenue service must always prove why the payment of security deposit is required from a taxpayer.
Withholding Tax Rates on Dividend, Interest and Royalty Payment to Residents of Nigeria Treaty Partners
African Private Equity And Venture Capital Association (Avca) Activity Report 2022
Members of Udo Udoma & Belo-Osagie’s Private Equity and Venture Capital and Tax teams, Folake Elias-Adebowale, Temiloluwa Olowu, Kelechi Ibe and Aanu Odunaike, have contributed the “Spotlight on West Africa” segment of the recently issued African Private Equity and Venture Capital Association (AVCA) Activity Report 2022 published this month. The Report is the 8th edition since its first release, and explores the current state […]
Tax Update: Income Tax on Profit From Bonds and Short-term Government Securities
Income Tax on Profit From Bonds and Short-term Government Securities
