Introduction In today’s business landscape, understanding the impact of Environmental, Social, and Governance (ESG) considerations on corporate decisions is crucial for companies and investors alike. Balancing profitability with sustainability and social responsibility has become increasingly important as stakeholders recognize the long-term benefits of integrating ESG criteria into business practices. The Essence of ESG ESG encompasses […]

Introduction The fintech industry has revolutionized financial services by harnessing technology to enhance customer experience, security, and convenience. Artificial intelligence and digital innovation have fueled its rapid growth, enabling seamless self-service options, prompt support, and instant access to information. However, this exponential growth is threatened by a complex regulatory landscape, which hinders progress and poses

Introduction On June 27, 2022, the Federal High Court (FHC) in Abuja ruled on the applicability of tax amendments to transactions predating such amendments. This ruling came from an appeal by Accugas Limited against the Federal Inland Revenue Service (FIRS) and the Attorney General of the Federation. The court’s decision addresses whether the Finance Act

Introduction The Value Added Tax Act (VATA), as amended, imposes VAT on all goods and services supplied in Nigeria. A supply is considered to have occurred in Nigeria when an invoice or receipt is issued by the supplier, when the supplier receives consideration, or when the consideration becomes due from the buyer. However, certain goods