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CVFF Is Finally Disbursing After 23 Years: What It Is And Who Qualifies
After more than two decades of dormancy, Nigeria has finally begun disbursing the Cabotage Vessel Financing Fund (CVFF), a revolving loan facility funded by a 2% levy on cabotage-protected trade earnings since 2003. With up to $25 million available per qualifying applicant at 6.5% interest through twelve appointed Primary Lending Institutions, Nigerian shipowners now face the critical question of who qualifies and what it takes to access this long-awaited vessel acquisition finance.
Nigeria Transport
OA
Olisa Agbakoba Legal (OAL)
Article
TEMPLARS Transcripts: Tax Digest | August 2026
The August 2026 issue of TEMPLARS Tax Transcripts examines developments in treaty policy, fiscal administration, and stamp duty adjudication as Nigeria continues to align administrative practice with its new tax statutes. Key updates include the signing of a Double Taxation Agreement between Nigeria and Hong Kong, the commencement of the Green Tax surcharge on imported high-engine vehicles, and the Accountant-General's directive to discontinue the 1% stamp duty deduction on payments to contractors, vendors
Nigeria Tax
T
Templars
Article
Doing Business In Nigeria: A Foreign Investor’s Guide To Maritime Laws & Compliance
Nigeria's maritime sector offers substantial commercial opportunities for foreign investors, yet success requires navigating a complex regulatory architecture designed to protect indigenous participation. Understanding the interplay between cabotage rules, local content requirements, port concessions, and tax obligations is essential for de-risking market entry and achieving long-term operational viability in one of Africa's most consequential maritime gateways.
Nigeria International
Adeola Oyinlade & Co
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