The Categorical Exclusion of Professional Service Providers from “Small Company” Status Under Section 202 of the Nigeria Tax Act, 2025: Legal Implications, Structural Dilemmas, and Strategic Responses 1. Introduction The enactment of the Nigeria Tax Act, 2025 (the “Act”) represents a transformative shift in the nation’s fiscal architecture. Among its most consequential reforms is the introduction of Section 202, which fundamentally alters the taxation of companies providing “professional services”. Historically, small company classification provided significant […]

Common Nigerian Scams Common Nigerian Scams: Awareness and Prevention The phenomenon of Nigerian scams, widely recognized under the legal nomenclature of “419 fraud,” represents a sophisticated, multi-layered criminal industry that has evolved from crude postal letters into a global digital operation. Named after Section 419 of the Nigerian Criminal Code, these schemes exploit the fundamental pillars of human psychology: urgency, fear, greed, and trust. In 2023 alone, the financial impact was staggering, with internet users […]