Nigeria: M&A/Private Equity

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.

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 remains one of the most strategically significant M&A markets on the African continent. With Africa’s largest economy, a population exceeding 220 million, and sectors ranging from upstream petroleum to high-growth fintech, the country consistently draws foreign acquirers looking for scale and first-mover advantage.

The Nigerian Upstream Petroleum Regulatory Commission has issued new Decommissioning and Abandonment Regulations 2026, fundamentally reshaping Nigeria's upstream petroleum decommissioning framework.

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...

Cross-border mergers and acquisitions ("M&A") offer international investors access to new markets, technologies and customers, but they also create complex legal and regulatory challenges.

Imagine two powerhouse companies joining forces to dominate the market, streamline operations, and catapult their revenues to new heights. That's one of the benefits of mergers and acquisitions (M&A)...

For many companies, the Memorandum and Articles of Association is drafted at incorporation and rarely revisited. Yet under the Companies and Allied Matters Act 2020, it remains the backbone of a company's identity, governance, and operations.