TNP is duly licensed as a Capital Market operator with the Securities and Exchange Commission (SEC), Nigeria.

Facebook Twitter Youtube

Sustainable Finance in Nigeria: A Case for its Development

In a world beset by environmental, social, and economic challenges, it has become increasingly necessary for a realignment of common goals; one of these is the sustainability of the earth. The financial sector holds enormous power in funding and bringing awareness to issues of sustainability, whether by allowing for research and development of alternative energy […]

Obstacles on Nigeria’s Road to Increasing Tax Revenues

The Tax Appeal Tribunal (TAT or “the Tribunal”) sitting in Lagos, recently delivered judgment in an appeal, Checkpoint Software Technologies B. V. Nig Ltd v Federal Inland Revenue Service, in which it set aside penalties imposed by the Federal Inland Revenue Service (FIRS) for non-compliance with the filing obligations prescribed by the Country-by-Country Reporting Regulations […]

Assessing the Practicability of the Deeming Provisions of the Business Facilitation (Miscellaneous Provision) Act

The enactment of the Business Facilitation Act of 2023 (“the Act”) marks a significant milestone in the efforts of the Presidential Enabling Business Environment Council (PEBEC) to enhance the ease of doing business and improve service delivery by Nigerian Ministries, Departments and Agencies (MDAs). This legislation represents a crucial intervention aimed at streamlining processes, reducing […]

Acquiring Central Bank of Nigeria Regulated Entities – The Core of the Deal

The Central Bank of Nigeria (the “CBN”) puts the ‘R’ in Regulation when it comes to the entities it regulates. This is how the CBN keeps its eyes on the ball in regulating the activities of banks and other financial institutions (the “Regulated Entities(y)”). From Anti-Money Laundering and Combating the Financing of Terrorism (AML/CFT) policies, […]

Does the FCCPC have the powers to regulate other Financial Institutions?

There has been a lot of confusion in the fintech and payments platform space, following the Federal Competition and Consumer Protection Commission’s (FCCPC) release of its statement titled “Further and Continuing Investigation of Rights Violations in Money Lending Industry; and Release of Interim Regulatory Framework” (the “Update”). The statement was released on Thursday, 18th August 2022, as a […]

Company Meetings Under the Current Circumstances

A few weeks ago, the Corporate Affairs Commission (the “CAC”) issued guidelines to public companies on how to hold their Annual General Meetings (“AGM”) in light of the outbreak of the COVID-19 pandemic. To be specific, these guidelines were issued to encourage social distancing at AGMs and ensure those meetings do not have more than 20 people […]

TNP Acquires ATL

TNP is pleased to announce its acquisition of Adebiyi Tax & Legal (ATL), Nigeria’s foremost tax litigation practice, with effect from 1st March 2020.