Worldwide: Charges, Mortgages, Indemnities

Nigeria's maritime economy faces a critical challenge in ship financing, where decades of failed vessel loans have left banks wary and shipowners struggling. With the Cabotage Vessel Financing Fund preparing for activation, understanding why previous maritime financing interventions collapsed and how to structure bankable transactions has become essential for both lenders and indigenous operators seeking to build a competitive fleet.

Nigerian banks have long prioritized land as collateral for lending, but this orthodoxy increasingly fails to serve businesses whose real value lies in receivables, inventory, and working capital cycles. As manufacturing, distribution, and logistics companies drive economic activity without substantial land holdings, the financial sector's rigid collateral requirements may be stifling growth in the very enterprises that power Nigeria's economy.

A ship mortgage is one of the principal instruments through which vessels are financed in international and domestic trade.

The Corporate Affairs Commission (the "CAC") has issued a new schedule of fees (the "Revised Schedule"), superseding the previous regime that governed the cost of incorporation...

Operating a business in Nigeria entails more than the delivery of quality goods or services; it also demands strict adherence to applicable tax laws and regulations.

On 28 January 2025, the Head of Tax Practice at AELEX, Mr. Theophilus Emuwa, voiced his concerns regarding the hidden non-tax costs that businesses in Nigeria face. He shared these insights...

On 23rd September 2022, the National Pension Commission released the Guidelines on Accessing Retirement Saving Account Balance towards Payment of Equity Contribution ...

In this Article, our Olusina Sipasi and Merit Okafor examine the powers of the federal Inland Revenue service to recover unpaid stamp duties on dutiable instruments, especially as it relates to financing transactions.

The move to allow retirement savings account ("RSA") holders, to finance residential mortgage with part of their pension funds, has its origin in the Pension Reform Act of 2014 (the "Act").