Entries by hermonlaw

Hermon Law | Nigerian Institute of Chartered Arbitrators 2019 Awards Ceremony

Hermon Barristers & Solicitors‘ Managing Partner, Mr. Benjamin Obidegwu, will, today being the 14th of November, 2019 and on the 15th of November, 2019, moderate the session on the AfCTA and its implication on Arbitration (ADR) Development in Africa; Challenges, Opportunities and Expectations at the 40th Anniversary Conference of the Nigerian Institute of Chartered Arbitrators […]

Federal Inland Revenue Service creates special office for taxation of foreigners in Nigeria | Hermon

NEW ERA IN TAXATION OF NON-RESIDENTS AS FIRS CREATES A SPECIAL OFFICE The Federal Inland Revenue Service (FIRS) has, through a Public Notice (“the Notice“), announced the creation of a new tax office to exclusively attend to the tax affairs of non-resident persons in Nigeria. The Non-Resident Persons’ Tax Office (NRPTO) is located within the […]

NEW CAPITAL BASE FOR INSURANCE COMPANIES IN NIGERIA

The National Insurance Commission (NAICOM) has announced the recapitalization of insurance and reinsurance companies, an exercise that was last carried out between years 2005/2007 in the insurance industry. This was disclosed in a circular released yesterday, Monday, the 20th of May, 2019 in Abuja. The minimum capital base for the following lines of insurance businesses […]