Nigeria's Federal Inland Revenue Service (FIRS) has reportedly issued a notice directing dormant companies to regularize their tax returns by 30 June 2020 in order to avoid enforcement actions. This may include enforcement actions by FIRS, as well as actions by the Nigerian Financial Intelligence Unit and the Corporate Affairs Commission, which could include deregistration as an incorporated company or the placement of a lien on company bank accounts. Dormant companies are companies that have informed FIRS of a temporary cessation of business for a period of at least one year due to certain situations, such as adverse economic circumstances....