May 19, 2023

Business Laws Amended by the Business Facilitation (miscellaneous Provisions) Act (BFA) 2023

Further to our earlier newsletter on the Business Facilitation (Miscellaneous Provisions) Act (BFA) 2023, we have in this newsletter, as promised, highlighted the provisions in 21 different business-related laws that were amended by the BFA.

This newsletter details the amendments made to the following laws:

Companies and Allied Matters Act (CAMA)

Nigerian Export Promotion Council Act

Customs and Excise Management Act

Export Prohibition Act

Financial Reporting Council of Nigeria (FRCN) Act

Foreign Exchange (Monitoring and Miscellaneous Provisions) Act

Immigration Act

Industrial Inspectorate Act

Industrial Training Fund (ITF) Act

Investment and Securities Act (ISA)

National Housing Fund (NHF) Act

National Office for Technology Acquisition and Promotion (NOTAP) Act

National Planning Commission Act

Nigerian Customs Service Board Act

Nigerian Investment Promotion Council (NIPC) Act

Nigerian Oil and Gas Industry Content Development Act

Nigerian Ports Authority (NPA) Act

Patent and Designs Act

Pension Reform Act

Standards Organization of Nigeria (SON) Act

Trademarks Act

Kindly note that the information contained in this newsletter is for knowledge purposes only and does not constitute direct legal advice or opinion.

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