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NRS Commences Compliance Monitoring For Large Taxpayers Under The National E-Invoicing & Electronic Fiscal System (EFS) – Deadline: 31 July 2026
The Nigeria Revenue Service has launched compliance monitoring for large taxpayers under the National E-Invoicing & Electronic Fiscal System, requiring companies with annual turnover of ₦5 Billion and above to complete full system integration by 31 July 2026. Non-compliant entities face immediate enforcement actions, statutory penalties, and potential operational disruptions under applicable tax laws.
Nigeria Tax
Adeola Oyinlade & Co
Article
Structuring Entertainment Contracts In Nigeria: Legal Frameworks, Commercial Terms, And Dispute Prevention
Nigeria's entertainment industry has evolved into a sophisticated commercial sector, yet high-profile disputes over master recordings, royalty entitlements, and contract terms continue to plague relationships between artists, labels, and managers. This comprehensive legal analysis examines the contractual framework governing Nigeria's creative economy, from recording agreements and publishing deals to endorsement contracts and distribution arrangements, revealing how proper legal structuring can protect sta
Nigeria Media & IT
Adeola Oyinlade & Co
Article
Presidential Executive Order Boosts Virtual Assets Regulation In Nigeria
President Bola Ahmed Tinubu has signed a Presidential Executive Order establishing Nigeria's first coordinated national framework for virtual assets regulation. The Order creates a Virtual Asset Council comprising the CBN, SEC, NRS, NFIU and ONSA to harmonize oversight, clarify regulatory responsibilities, and eliminate fragmented supervision across digital asset activities. How will this institutional restructuring impact VASPs, market participants, and the broader Nigerian digital assets ecosystem?
Nigeria Finance
BI
Banwo & Ighodalo
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