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Middle East & Africa
Finance
Egypt
Youssry Saleh & Partners
Recently, the Egyptian President and the Parliament approved the issuance of new law that enables the e-payment,...
Nigeria
Famsville Solicitors
Financial institutions, the banks and the microfinance banks evolve to meet these needs and demands of loans.
AAA Chambers
The AMCON Act was also amended in 2015 and known as the AMCON Amendment Act, 2015 precisely on 25th May 2015.
AAA Chambers
To maintain and grow a functional economy, investors often require loans which are made available by commercial banks and other financial institutions using its depositors' funds upon security furnished for the repayment of such loans by the borrowing investors.
Banwo & Ighodalo
As part of efforts to boost job creation, particularly among Nigerian youths, the Central Bank of Nigeria ("CBN"), in collaboration ...
PwC Nigeria
The long awaited 2019 Finance Act has been published in the Gazette with a commencement date of Monday 13th January 2020 being the date it was signed into law by President Muhammadu Buhari.
Andersen Tax LP
There is a general consensus that the Finance Act 2019 (the Act), is a welcome legislation which addresses some of the major issues identified in our tax laws over the years.
Deal HQ Partners
The Appropriation Bill was signed into law by the National Assembly on the 5th December, 2019 and assented by the President on the 17th December 2019.
TNP
The 2019 Finance Act recently given by the Mr President has undoubtedly been a heated topic of debate among Business and Legal commentators.
TNP
A few days ago, the President of the Federal Republic of Nigeria declined assent on the National Housing Fund Bill (the "NHF Bill") recently passed by the National Assembly.
TNP
The Nigerian banking sector is no stranger to mergers and acquisitions. It has probably seen the highest number of consolidation activity within the financial services sector in West Africa.
South Africa
Adams & Adams
Successful market integration provides businesses with increased flexibility, allowing them to adapt to diverse markets.
ENSafrica
repeals Notice No. 13/14 of 24 December, Notice No. 14/14 of 24 December, Notice No. 1/17 of 3 February, and all provisions of Instruction No. 1/03 of 7 February that are contrary to the provisions of this Notice
Vasco de Oliveira Inc.
It is common for a debtor (defendant) to submit correspondence to its creditor (plaintiff) and mark it as "without prejudice", wherein the debtor acknowledges its indebtedness to the creditor and...
Tanzania
Bowmans
The news that the Bank of Tanzania has banned the use of cryptocurrencies has raised eyebrows and fuelled concerns that this could hamper the country's economic progress in an increasingly digital
United Arab Emirates
STA Law Firm
The international financial hub of the emirate Dubai, renowned for the presence of international companies and firms in the area has released new regulations ...
Clyde & Co
In this Insight we provide a quick overview of the financial introductions regime in "Onshore UAE" (i.e. outside the financial free zones)
Uzbekistan
Kosta Legal
In the context of the accelerated integration of our country into the world financial system, to maintain the public debt at a safe level is one of the main factors for promoting macroeconomic
Kosta Legal
On January 16, 2020, the Cabinet of Ministers adopted the Resolution No. 27 "On Measures for Effective Management of the State Debt and Ensuring the Targeted Use of the Attracted Debt"
ChimwaMurombe Legal Practice
Finally the much awaited perpetual license was promulgated. However, the new section 10A proves some elements of poor drafting as it speaks of renewal terms which were taken away by the perpetual licensing.
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