Nigeria: Corporate/Commercial Law

Joint ventures have become essential structuring tools in Nigeria's commercial landscape, yet they remain among the most litigated arrangements due to inadequate legal frameworks.

Share Purchase Agreements (SPAs) serve as critical risk allocation tools in corporate transactions, governing the transfer of company shares between buyers and sellers. This article examines the key legal risks inherent in SPAs and explores the protective mechanisms—including representations and warranties, indemnities, conditions precedent, and escrow arrangements—that parties employ to safeguard their interests throughout the transaction lifecycle.

The recent public warning issued by the Federal Competition and Consumer Protection Commission (FCCPC) is a reminder that merger notification in Nigeria is not a mere procedural formality, but a substantive legal...

Public-Private Partnerships in Nigeria face complex disputes stemming from poor project preparation, political interference, and governance issues. Understanding the root causes and implementing effective multi-tiered dispute resolution mechanisms—from negotiation and mediation to arbitration—is essential for ensuring infrastructure projects deliver results rather than becoming mired in litigation.

Foreign investment depends heavily on the ability to repatriate profits and capital, yet government-imposed foreign exchange controls can significantly restrict these transfers.

Fidelity Bank faced a significant challenge when Envivo Communications Limited failed to repay a ₦1.7 billion loan. Through precise legal action under Nigeria's Companies and Allied Matters Act (CAMA) 2020, winding-up proceedings were initiated with meticulous procedural compliance. The court's decisive ruling resulted in a complete winding-up order and the appointment of a liquidator to recover the outstanding debt.

Nigeria’s startup ecosystem has established itself as one of the most dynamic in Africa. Despite global headwinds in venture capital markets, funding into African technology companies remained significant in 2024, with Partech reporting that US$3.2 billion was invested across the continent, much of it concentrated in Lagos, a city that now ranks among the leading global hubs for technology talent and entrepreneurial activity.

Nigeria's venture capital (VC) sector has evolved from an informal, relationship-based market into a structured ecosystem shaped by various laws and regulatory requirements including regulations provided...

On 16 January 2026, the Securities and Exchange Commission (SEC) issued Circular No. 26‑1, raising the minimum share capital for venture capital (VC) fund managers in Nigeria from ₦20 million to ₦200 million.

Doing business in Nigeria has become more accessible thanks to rapid technological advancements. For foreign investors, safeguarding business interests is crucial to ensuring long-term success...

Commercial contracts form the foundation of business relationships, yet their effectiveness depends entirely on how well they are drafted. Understanding which clauses to include and how to structure them can mean the difference between a smooth transaction and costly litigation. What are the essential provisions every business must incorporate to protect its interests and prevent disputes?

As international commercial disputes surge by over 30% post-pandemic, businesses face mounting pressure to resolve conflicts efficiently while protecting sensitive information and maintaining global enforceability. This analysis examines how arbitration agreements have become indispensable strategic tools in Nigeria's commercial landscape, offering expertise-driven resolution, confidentiality safeguards, and international recognition under the New York Convention.