Nigeria: Money Laundering

As Africa's largest economy and most populous nation, Nigeria continues to attract global interest as a strategic destination for investment.

Foreign Direct Investment (FDI) regulations are integral to understanding the mechanisms governing foreign direct investment in Nigeria.

Conducting business in Nigeria may present a range of complexities, particularly for companies engaged in cross-border transactions.

In exercise of his constitutional power pursuant to section 259 of the Constitution of the Federal Republic of Nigeria, 1999, the Chief Judge of the High Court of the Federal Capital Territory...

Fundamental rights are inalienable rights inherent in man by the mere reason of his existence. Just like the nomenclature suggests, these rights are sacrosanct...

On March 18, 2025, the President of Nigeria, Bola Ahmed Tinubu, in a televised national address, issued a proclamation declaring a state of emergency in Rivers State, an oil-producing region of the country.

On March 18, 2025, the President of Nigeria, Bola Ahmed Tinubu, in a televised national address, issued a proclamation declaring a state of emergency in Rivers State, an oil-producing region of the country.

In today's globalised financial landscape, local and cross-border financial transactions have become integral components of business operations, extending beyond financial institutions.

On 13 December 2024, the NFIU issued the Guidelines for the Identification, Verification and Reporting of Suspicious Transactions Related to Money Laundering, Financing of Terrorism, and Proliferation of Weapons of Mass Destruction for Financial Institutions.

We think it's worth taking a second look at NNPC Limited's planned IPO, with consideration given to deferring the process. Below, we highlight some of the key strategic considerations informing this perspective.

The client is an experienced healthcare operator and investor looking to bid for a private public partnership arrangement with the Lagos State Government to build a 140-bed state-of-the-art-hospital catering to a wide range of medical needs and setting new standards for healthcare delivery in Lagos and valued at N49 billion (the "Lagos Medipark").

Nigeria's maritime sector, though crucial to its economy, faces challenges such as aging infrastructure, inefficiency, and insufficient funding.