Nigeria: M&A/Private Equity

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 Nigerian energy sector harbors a powerful yet invisible force: the Shadow Director. Operating beyond formal boardroom appointments, these figures wield massive influence over corporate decisions...

The Securities and Exchange Commission has issued Circular No. 26-1 dated 16th January 2026, revising the minimum capital requirements applicable to regulated capital market entities in Nigeria.

The African fintech ecosystem opened 2026 with reports of Flutterwave's acquisition of Mono, valued by multiple media outlets at between $25 million and $40 million.

Nigeria's competition law journey is still relatively young, but its impact on market behaviour, regulatory thinking, and business strategy is already becoming evident.

In the dynamic landscape of modern corporate finance, leveraged buyouts ("LBOs") have emerged as a powerful tool for corporate restructuring and value creation. 

Mergers and Acquisitions (M&A) play a crucial and strategic role in enabling companies to drive growth, foster innovation, and sustain a competitive edge. In Nigeria, a growing number of businesses are restructuring...

Nigeria's technology and startup ecosystem is booming, with founders and investors striking high-stakes funding deals that require a solid understanding of laws applicable...