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LexPraxis Solicitors

#Startups

  • By Cynthia Tishion
  • June 30, 2022
  • 0 Comments

SOCIAL MEDIA REGULATION IN NIGERIA – NITDA’S PROPOSED CODE OF PRACTICE FOR INTERACTIVE COMPUTER SERVICE PLATFORMS/INTERNET INTERMEDIARIES

Having recognized the relevance of information technology as a critical infrastructure in society which must be safeguarded, regulated, and protected against online harm, the National Information Technology Development Agency (NITDA), on the 13th day of June 2022, announced the release of a Draft code of practice for interactive computer service platforms/Internet Intermediaries. SCOPE…

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  • By Cynthia Tishion
  • February 18, 2022
  • 24 Comments

HOW TO SET UP A MICROFINANCE BANK IN NIGERIA

Microfinance Banks are mini banks licensed by the Central Bank of Nigeria (CBN) to carry on the business of microfinance services such as savings, loans, domestic fund transfers, and other financial services which they provide for their customers particularly the economically disadvantaged, subsistence farmers, artisans, micro-entrepreneurs, etc., and to a large extent unbanked people in…

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  • By Cynthia Tishion
  • October 7, 2021
  • 0 Comments

WHAT TO DO WHEN ASKED TO PAY TAX OR LEVY YOU AREN’T AWARE OF

Do you operate a business in Nigeria? Ever been confronted by revenue officials at your business premises to pay taxes or levies you weren’t aware of? The fact is that in most State and local government areas, there is yet to be a unified tax payment system for taxpayers. That explains situations where certain levies…

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