Nigeria: Corporate/Commercial Law

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Article
A Review of the Code of Conduct Bureau and Tribunal Act: A Quest for Public Sector Accountability.
Nigeria's public sector accountability framework, anchored in the Constitution and the Code of Conduct Bureau and Tribunal Act, mandates asset declaration and ethical conduct for public officers. Despite robust legal provisions requiring disclosure of assets, the system faces critical challenges including inadequate verification capacity, weak enforcement mechanisms, and limited transparency. This comprehensive analysis examines the constitutional framework, identifies systemic weaknesses, and proposes prac
Nigeria Commercial
BC
Babalakin & Co.Legal Practitioners
Article
Data Protection And Corporate Accountability: The Overlooked Governance Metric
In today's digital economy, data has emerged as one of the most valuable corporate assets. Businesses routinely collect, process, store, and transfer vast amounts of personal information relating to customers, employees, contractors, and other stakeholders. While corporate governance discussions have focused on financial performance, regulatory compliance, board effectiveness, and environmental, social, and governance (ESG) considerations, data protection has often been treated as a purely technical or operational concern.
Nigeria Commercial
Compos Mentis Legal Practitioners
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Article
Mergers And Acquisitions In Nigeria’s Oil And Gas Sector: Avoiding Gun-Jumping
Nigeria's oil and gas M&A market faces increasingly rigorous regulatory oversight as competition law assumes a more prominent role alongside sector-specific approvals. This article examines the growing risk of gun-jumping in Nigerian oil and gas transactions and the regulatory consequences of premature information sharing, operational coordination or business integration before clearance is obtained.
Nigeria Anti-trust
T
Templars
Article
Startup Financing In Nigeria: Structuring Early-stage Investments Using SAFEs And Other Hybrid Instruments
Startup financing in Nigeria continues to evolve as the country remains one of Africa's four major startup markets, yet early-stage fundraising presents persistent challenges around valuation, particularly for companies without established revenue or market comparables. This analysis examines how hybrid instruments like SAFEs can address the practical and legal complexities founders face when raising capital before achieving operational maturity.
Nigeria Finance
SB
Stren & Blan Partners
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Article
A Review of the Code of Conduct Bureau and Tribunal Act: A Quest for Public Sector Accountability.
Nigeria's public sector accountability framework, anchored in the Constitution and the Code of Conduct Bureau and Tribunal Act, mandates asset declaration and ethical conduct for public officers. Despite robust legal provisions requiring disclosure of assets, the system faces critical challenges including inadequate verification capacity, weak enforcement mechanisms, and limited transparency. This comprehensive analysis examines the constitutional framework, identifies systemic weaknesses, and proposes prac
Nigeria Commercial
BC
Babalakin & Co.Legal Practitioners
Article
Public Offers And Investor Protection: The Regulatory Framework Governing IPOs In Nigeria Under The Investments And Securities Act 2025
The Investments and Securities Act 2025 has fundamentally transformed Nigeria's regulatory framework for public offers, introducing stringent registration requirements, enhanced disclosure obligations, and comprehensive investor protection mechanisms. What are the specific legal requirements companies must satisfy when making securities available to the public, and how does the new Act strengthen the Securities and Exchange Commission's supervisory powers while creating direct civil and criminal remedies fo
Nigeria Finance
Adeola Oyinlade & Co
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Article
Startup Financing In Nigeria: Structuring Early-stage Investments Using SAFEs And Other Hybrid Instruments
Startup financing in Nigeria continues to evolve as the country remains one of Africa's four major startup markets, yet early-stage fundraising presents persistent challenges around valuation, particularly for companies without established revenue or market comparables. This analysis examines how hybrid instruments like SAFEs can address the practical and legal complexities founders face when raising capital before achieving operational maturity.
Nigeria Finance
SB
Stren & Blan Partners
Article
Private Equity & Venture Capital In Nigeria: Investor Legal Guide
Nigeria has emerged as a leading destination for private equity and venture capital in Africa, with $3 billion invested across 404 transactions between 2020 and 2024. The newly enacted Investments and Securities Act 2025 introduces comprehensive regulatory oversight for PE and VC funds, bringing enhanced investor protection, stricter compliance requirements, and clearer operational frameworks to this rapidly evolving market.
Nigeria Finance
Adeola Oyinlade & Co
Article
Tax Implications Of Raising Capital In Nigeria’s Startup Ecosystem
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.
Nigeria Tax
WT
WTS Blackwoodstone
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Article
Data Protection And Corporate Accountability: The Overlooked Governance Metric
In today's digital economy, data has emerged as one of the most valuable corporate assets. Businesses routinely collect, process, store, and transfer vast amounts of personal information relating to customers, employees, contractors, and other stakeholders. While corporate governance discussions have focused on financial performance, regulatory compliance, board effectiveness, and environmental, social, and governance (ESG) considerations, data protection has often been treated as a purely technical or operational concern.
Nigeria Commercial
Compos Mentis Legal Practitioners
Article
Compliance Obligations Of Foreign-Owned Companies Operating In Nigeria
Nigeria's regulatory framework for foreign-owned companies presents a complex web of compliance obligations spanning incorporation, capital requirements, immigration, taxation, and sector-specific regulations. Understanding these requirements is essential for foreign investors seeking to establish and maintain lawful business operations while accessing investment protections and incentives available under Nigerian law.
Nigeria Commercial
TA
Tunde & Adisa
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