Month: May 2022

Posted on May 30, 2022 by Blackwood & Stone LP

FOREIGN PARTICIPATION IN BUSINESSES IN NIGERIA

FOREIGN PARTICIPATION IN BUSINESSES IN NIGERIA Introduction Despite the outbreak of COVID-19, Nigeria continues to attract an increasing number of foreign investments. In 2020, the United Nations reported that Nigeria’s inflow of Foreign Direct Investments (FDI) increased by 4.3%. As the market expands, the government continually issues policies aimed at creating a conducive business environment. […]

Posted on May 23, 2022May 23, 2022 by Blackwood & Stone LP

DOING BUSINESS IN THE FREE TRADE ZONES IN LAGOS STATE

INTRODUCTION Blacks’ Law dictionary defines a free-trade zone as ‘a duty-free area within a country to promote commerce, especially transshipment and processing, without entering into the Country’s market’. Blacks’ Law dictionary also defines duty in relation to a free-trade zone as – A tax imposed on a commodity or transaction, particularly on imports. The duty […]