Nigeria: Corporate/Commercial Law

In a unanimous decision handed down on June 10, 2026, the Court of Appeal affirmed the judgment of the Federal High Court that Section 18(2) of the Companies and Allied Matters Act, 2020, as amended (“CAMA 2020”)...

Nigeria's 2026 tax reforms introduce transformative changes affecting businesses and individuals, from expanded deductions and VAT exemptions to fundamental rights protections. These comprehensive legal updates reshape corporate governance, contract renegotiation strategies, and compliance requirements across multiple sectors.

When Kinder Morgan grew from a $40 million asset purchase into North America's largest midstream energy company, the financial structure that fueled its success quietly became its greatest constraint.

Nigeria's telecommunications regulator has released draft business rules aimed at establishing a framework for Mobile Virtual Network Operators (MVNOs) to enter and operate within the country's mobile network market. The proposed regulations seek to create new opportunities for service providers while addressing key operational and licensing requirements that could reshape the competitive landscape of Nigeria's telecom sector.

Nigeria offers substantial opportunities for foreign investors seeking to establish operations in Africa's largest economy. However, successful market entry requires more than simply filing incorporation documents—it demands careful navigation of multiple regulatory agencies, proper capital importation procedures, and compliance with foreign investment rules that can determine whether your venture thrives or stalls before it begins.

Nigeria's oil and gas sector faces significant regulatory updates with the introduction of the Decommissioning and Abandonment Regulations 2026. What are the key changes that operators and stakeholders need to understand to ensure compliance with these new requirements? This analysis examines the notable regulatory shifts that will impact decommissioning obligations and abandonment procedures in the Nigerian energy industry.

In Nigeria's dynamic startup ecosystem, founders face a critical decision when raising capital: should they pursue debt financing with its immediate tax benefits through deductible interest expenses, or opt for equity financing that offers long-term investor incentives like capital gains tax exemptions and investment tax credits? This analysis examines how tax implications influence capital structure decisions for Nigerian startups at different growth stages.

The taxation of capital gains has historically played a modest but strategically important role within Nigeria's fiscal architecture. Under the pre-existing regime, the Capital Gains Tax (CGT) framework was governed primarily by the Capital Gains Tax Act (CGTA), which imposed tax on gains arising from the disposal of chargeable assets

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 offers substantial opportunities for foreign investors seeking to establish operations in Africa's largest economy. However, successful market entry requires more than simply filing incorporation documents—it demands careful navigation of multiple regulatory agencies, proper capital importation procedures, and compliance with foreign investment rules that can determine whether your venture thrives or stalls before it begins.

NOFR is a transaction-based reference rate derived from actual overnight secured funding trades, specifically NGN-denominated repurchase (“REPO”) transactions with a minimum size of NGN 5 billion (five billion Naira), between eligible financial institutions, reflecting current liquidity conditions in Nigeria’s interbank market

Nigerian businesses facing commercial disputes have powerful alternatives to lengthy court battles.