FIRM NEWS

August 2017

Issuance of new guidelines for pioneer status incentive

Copperleaf2017-08-18T11:39:42+01:00

The Federal Executive Council on 3^rd August 2017, lifted the suspension placed on the processing of pioneer status applications, recommended the addition of 27 industries to the existing pioneer status list, and the removal two industries [...]

Issuance of new guidelines for pioneer status incentiveCopperleaf2017-08-18T11:39:42+01:00

Corporate affairs commission prohibits denomination of share capital in foreign currency

Copperleaf2017-08-18T11:39:34+01:00

The Corporate Affairs Commission (CAC) has prohibited entities seeking to do business in Nigeria from denominating their share capital in any currency other than the Nigerian Naira. Prior to this prohibition, the CAC permitted companies to [...]

Corporate affairs commission prohibits denomination of share capital in foreign currencyCopperleaf2017-08-18T11:39:34+01:00