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...

The first era of Nigerian fintech rewarded speed. Companies that could process payments faster, designed cleaner interfaces, and deliver smoother onboarding captured users and attracted capital.

In a bid to align the Nigerian financial market with global standards and strengthen the efficiency of its financial market infrastructure, the Central Bank of Nigeria (CBN), in collaboration...

Nigeria's power sector faces critical gas supply challenges despite vast reserves, with Generation Companies struggling under mounting debts, uncompetitive pricing, and persistent infrastructure issues.

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.

The question whether a winding-up petition can be validly instituted against a company already subject to a subsisting compulsory winding-up order raises fundamental issues within Nigerian insolvency law. It touches on the nature of winding-up proceedings, the continuing legal status of a company in liquidation, the scope of judicial control, and the extent to which creditors or other entitled parties may pursue independent remedies outside the liquidation framework.

Nigeria's wealth management industry has evolved from informal advisory practices into a highly regulated financial services sector. Understanding the licensing requirements and compliance obligations imposed...

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...