The Nigerian Federal Ministry of Interior (‘FMI’) has mandated that all companies holding expatriate quota positions file their monthly returns through the FMI’s Official Website (e-CITIBIZ) effective November 8, 2023.
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The Nigerian Federal Ministry of Interior (‘FMI’) has mandated that all companies holding expatriate quota positions file their monthly returns through the FMI’s Official Website (e-CITIBIZ) effective November 8, 2023.
On the 2nd of November 2023, the Corporate Affairs Commission (‘CAC’) issued a circular notifying Companies of the statutory requirement to file annual return every financial year. The circular was prompted by the fact that several Companies are non-compliant with t..
Product placement in Nollywood, the Nigerian film industry, presents a growing opportunity for brands and filmmakers. Acknowledged as a significant catalyst for brand recognition within the country, Vera Albino's analysis of this partnership also underscores the cri..
This publication by Templars Partner, Adewale Atake, SAN, and Senior Associate, Orji A. Uka, highlights the transformative provision in the AMA regarding recourse against arbitral awards. It focuses on the defence of “error of law on the face of the award” and its e..
The National Agency for Food and Drug Administration and Control (NAFDAC) is the body that regulates and control the importation, exportation, manufacture, advertisement, distribution, sale and use of food, drugs, cosmetics, medical devices, bottled water and chemicals am..
On the 13th of July 2023, the Central Bank of Nigeria (CBN) issued a circular with respect to the Corporate Governance Guidelines for Commercial, Merchant, Non-Interest and Payment Service Banks, as well as Financial Holding Companies in Nigeria (new Guidelines) with an e..
The emergence of open banking has transformed the financial landscape, offering customers opportunities to access innovative financial services. However, as the open banking ecosystem continues to evolve, the need to navigate the intersection of data privacy regulations a..
Data breaches are now a regular occurrence in the modern data-driven and digital global
economy that the world has now become. A number of organisations have suffered data
breaches in the course of their operations with differing degrees of seriousness. ..
The regulator of the Nigerian financial system, the Central Bank of Nigeria (“CBN”), on June 20, 2023, issued the Customer Due Diligence Regulations (“Regulations”). This is ostensibly as a reaction to Nigeria being name-checked by the Financial Action Task Force (“FATF”)..