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Bilateral Investment Treaties (BITs) represent the means by which commercial interest between States and foreign investors are regulated and determined under international law. BITs can be subsumed under the category of treaties as identified under Article 2 (1) (a) of the Vienna Convention on the Law of Treaties (VCLT), considering that they are international agreements, […]

The African Continental Free Trade Agreement was signed by President Muhammadu Buhari at the African Union Summit on Sunday, July 7, 2019.  At the summit, member countries agreed to launch the “operational phase” of the African Continental Free Trade Area (AfCFTA), and decided on common “rules of origin, the monitoring and elimination of non-tariff barriers […]

Our firm Olisa Agbakoba Legal (OAL) and BusinessDay Newspapers co-presented the LEGAL POLICY DIALOGUE in 2014. The forum was a strategic partnership that highlighted the impact of the law on economic development and investment by the two sector leaders in law and business reporting. Waking Up Dead Capital in Nigeria: The Business Case At the […]

The Federal Inland Revenue Service has intensified its drive to recover outstanding tax liabilities from taxpayers in default of tax obligations. To this end, FIRS has been writing to taxpayers’ bankers, appointing the banks’ agent of the banks’ customer, to collect outstanding tax liabilities from the taxpayers’ bank account balance. This is referred to as […]

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