In today’s rapidly changing business world, one of the major ways to guarantee a competitive advantage is through business model review and reinvention. Existing scholarly investigations show that the focus of reinvention is not only to outperform competitors but to especially spring a business into new areas of competitive advantage. Business model innovation is expected […]
Introduction Stamp duty is a tax charged on written and electronic instruments, otherwise referred to as documents. It was first introduced to Nigeria via Ordinance 41 of 1939, but currently codified as the Stamp Duties Act, Cap S8, LFN 2004 (“SDA” or “the Act”). Besides the Act as the main legislation, there are also subsidiary […]
The Finance Act 2023 (“the Act”) was finally assented to by His Excellency, President Muhammadu Buhari on the 28th May 2023 just before he left office. It is the fourth of its kind since the reintroduction of the annual Finance Act in 2019. The Finance Act which has an effective date of 1st May 2023 […]
provided by a government, organisation, institution, or individual to specific individuals, organisations, or entities. A relatable example was shared on social media to illustrate this concept using a fantasy-like scenario. “In a faraway kingdom, there was a flourishing realm with a thriving population. One day, at the court, the king contemplated how to improve the […]
In today’s rapidly changing business world, One of the key methods for improving organisational performance irrespective of size and sector is Strategic Management; it is the method of determining goals, designing strategies to achieve them, putting those strategies into action, and establishing deadlines, responsibilities, and evaluation mechanisms. There are five (5) key steps in the […]
President Bola Ahmed Tinubu on Thursday 6 July 2023, signed four (4) Executive Orders, among which is the Finance Act (Effective Date Variation) Order 2023. These Orders primarily vary recent amendments to laws which involve the imposition of taxes and custom duties. Highlights of the Executive Orders The Executive Orders have made the following variations […]