19th November 2024
Taxing Sweat Equity in Nigerian Startups: A Founder’s Roadmap to Compliance
Sweat equity has become an essential strategy for startups in Nigeria to attract and retain top talent while aligning team contributions with long-term business goals. However, navigating the tax implications of sweat equity arrangements can be challenging for founders and contributors.
In this publication, TEMPLARS Partner, Sesan Sulaiman, and Associate, Nafisa Haliru, outline practical steps for structuring sweat equity to comply with Nigerian tax laws, address valuation and timing challenges, and manage cross-border tax issues.
This guide offers founders a clear path to minimize tax exposure while staying compliant.
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12 November 2024
Debt Drama: The Supreme Court’s Stance on Moneylenders and Casual Loans in Nigeria
This article by TEMPLARS Partner, Sadiq Ilegieuno, and Senior Associate, Lawal Kazeem, provides an in-depth analysis of Nigeria’s moneylending regulations, with a focus on recent Supreme Court rulings.
30 October 2024
Presumption Of Falsity Under Nigerian Law of Defamation –Analysing the Case of Abalaka V. Akinsete & 2 Others
The Supreme Court’s recent judgement in Abalaka v. Akinsete marks a pivotal shift in Nigerian defamation law. Previously, defamatory statements were presumed false unless the defendant could prove otherwise.
28 October 2024