Nigeria: Contracts and Commercial Law

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Article
Holding It Together: Using Holding Companies To Preserve Family Businesses
Family businesses are the quiet engine of the global economy, accounting for a large share of the jobs and output of almost every country on earth. Yet they share one stubborn weakness: most do not outlive the people who build them. Studies of family enterprises find repeatedly that only a minority survive into the second generation, and fewer into the third.1 The problem is rarely a lack of talent or ambition. It is a lack of structure.
Nigeria Commercial
SP
SimmonsCooper Partners
Article
Structuring Entertainment Contracts In Nigeria: Legal Frameworks, Commercial Terms, And Dispute Prevention
Nigeria's entertainment industry has evolved into a sophisticated commercial sector, yet high-profile disputes over master recordings, royalty entitlements, and contract terms continue to plague relationships between artists, labels, and managers. This comprehensive legal analysis examines the contractual framework governing Nigeria's creative economy, from recording agreements and publishing deals to endorsement contracts and distribution arrangements, revealing how proper legal structuring can protect sta
Nigeria Media & IT
Adeola Oyinlade & Co
Article
Escalation Clauses Before Arbitration: A Case For Wider Adoption In Commercial Contracts
A surprising number of disputes that end up in arbitration are not, at their root, legal disputes at all. They are communication failures, project-management failures, governance failures, or breakdown in trust between people who once worked well together. The legal characterisation such as breach of contract, variation claim, or indemnity dispute, is often just the form the disagreement takes by the time lawyers are involved, not a description of what went wrong.
Nigeria Litigation
Compos Mentis Legal Practitioners
Article
Are Prenups Legal In Nigeria? What Every Couple Should Know Before Marriage
When a marriage ends in Nigeria, the absence of a prenuptial agreement can turn asset division into a prolonged legal battle that destroys the very wealth couples fought to protect. While prenups are not illegal under Nigerian law, their enforceability depends on careful drafting and judicial discretion under the "just and equitable" standard of Section 72(2) of the Matrimonial Causes Act 1970.
Nigeria Family
OA
Olisa Agbakoba Legal (OAL)
Article
CBN's New Payments Framework: Is Nigeria Introducing Functional Separation Into The Payments Ecosystem?
The CBN's recent circular introducing market structure restrictions within the payments ecosystem may represent one of the most significant regulatory interventions in the sector in recent years. While the circular also introduces data localisation and ultimate beneficial ownership disclosure requirements, among its most consequential features are the provisions restricting the extent to which a participant with significant market share in consumer issuing activities.
Nigeria Consumer
A
AELEX
Article
Cross-border Data Transfers And International Compliance: Legal Opportunities In Global Tech Transactions
Nigeria's data protection landscape has fundamentally shifted with the enactment of the Nigeria Data Protection Act 2023 and the General Application and Implementation Directive 2025. This article examines the legal architecture governing cross-border data transfers, identifies critical compliance obligations for international technology transactions, and demonstrates how well-structured data compliance can serve as a competitive advantage in one of Africa's most dynamic digital markets.
Nigeria Privacy
Gresyndale Legal
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