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News & Events
CBN clarifies Currency Substitution and Dollarisation of the Nigerian Economy

CBN clarifies Currency Substitution and Dollarisation of the Nigerian Economy

MAY 2015 – The Central Bank of Nigeria (CBN) has made further clarifications on some of the provisions of its 17 April, 2015 circular on Currency Substitution and Dollarisation of the Nigerian Economy.


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CBN clarifies utilization of oil export proceeds

CBN clarifies utilization of oil export proceeds

In response to widespread concerns and anxiety over the 20 February, 2015 Central Bank of Nigeria (CBN) circular by which the CBN imposed restrictions on the permissible use of oil and non-oil export proceeds in Nigeria, the CBN has made further clarifications effectively relaxing the impact of its 20 February circular.


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Federal Government reviews Import Prohibition Regime

Federal Government reviews Import Prohibition Regime

The Federal Government of Nigeria recently approved the implementation of the Economic Community of West Africa States (ECOWAS) Common External Tariff (CET) 2015- 2019, as well as the 2015 Fiscal Policy Measures.


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Immigration Bill signed into Law by the President

Immigration Bill signed into Law by the President

The Immigration Bill 2014 was passed into law yesterday 25th May 2015, further to the issuance of the Presidential assent. The new law called the Immigration Act 2015 (‘the Act’),……


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Managing Partner, Oghogho Akpata speaks on the regulatory and industry responses in Nigeria to the global plunge in oil prices

Managing Partner, Oghogho Akpata speaks on the regulatory and industry responses in Nigeria to the global plunge in oil prices

Oghogho Akpata, Managing Partner at Templars, on 4 June 2015 delivered an incisive paper on the regulatory and industry responses in Nigeria to the sharp decline in oil prices globally.


News & Events
Power and Natural Resources Team of the Year 2015

Power and Natural Resources Team of the Year 2015

Templars is delighted to win the Power and Natural Resources Team of the Year in the 2015 Law Digest Africa Awards. The ceremony will hold on November 6, 2015.


News & Events
Seminar on the 2016 Budget of the Federal Government of Nigeria

Seminar on the 2016 Budget of the Federal Government of Nigeria

Templars Holds In-House Seminar on the 2016 Budget of the Federal Government of Nigeria


News & Events
Tax Appeal Tribunal confirms deductibility of interests on Intercompany loans In Petroleum Profits Tax Assessments

Tax Appeal Tribunal confirms deductibility of interests on Intercompany loans In Petroleum Profits Tax Assessments

In a ruling handed down on 11 February 2015, the Tax Appeal Tribunal upheld an appeal brought by Phillips Oil Company Nigeria Ltd to the effect that interests incurred on intra-group or related company  loans were deductible for tax purposes in Nigeria.