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51 articles found in Nigeria
Foreign investors must register their business with the Corporate Affairs Commission (CAC) and the Nigerian Investment Promotion Commission (NIPC) before commencing operations. The minimum issued share capital for any Nigerian...
Prioritize Multi-Tiered Dispute Clauses: Standardize structured negotiation and mediation under the Arbitration and Mediation Act 2023 before escalating to formal arbitration. Secure Capital Importation Early: Always obtain an electronic Certificate...
Most international NGOs in Nigeria register as Incorporated Trustees under Part F of the Companies and Allied Matters Act (CAMA) 2020. Registration with the Special Control Unit against Money Laundering...
The Central Bank of Nigeria (CBN) licenses fintechs in distinct categories — Switching and Processing, Mobile Money Operator (MMO), Payment Solution Service Provider (PSSP), Payment Terminal Service Provider (PTSP), Super...
Prioritize arbitration: Nigerian commercial courts have significant backlogs. Clear arbitration clauses help ensure timely dispute resolution. Secure repatriation rights: You must obtain a Certificate of Capital Importation (CCI) within 24...
Every business operating in Nigeria must register with the Corporate Affairs Commission (CAC) under the Companies and Allied Matters Act (CAMA 2020). A Private Limited Company (Ltd) is the usual...
The 2026 Manual Overhaul: Effective June 1, 2026, the Central Bank of Nigeria (CBN) implemented the fourth edition of its Foreign Exchange Manual. This update modernizes trade rules, increases the...
eCCI is Non-Negotiable: Foreign investors must secure and manage their electronic Certificate of Capital Importation (eCCI) to legally repatriate exit proceeds through the Central Bank of Nigeria (CBN). 30% Corporate...
Foreign multinational enterprises and private equity funds targeting African acquisitions face complex regulatory hurdles. This is especially true when transactions involve assets in Nigeria (West Africa's largest economy) and neighboring...
Mauritius tax advantage: The Double Taxation Treaty with Nigeria reduces dividend withholding tax from 10% to 7.5%. Delaware structures do not receive this benefit. Capital Importation: Investors must secure a...
Foreign private equity (PE) investors can own 100 percent of Nigerian enterprises in most sectors, provided they register with the Nigerian Investment Promotion Commission (NIPC). Obtaining a Certificate of Capital...
Exit timelines vary: Trade sales typically close in 3 to 6 months, while Initial Public Offerings (IPOs) on the Nigerian Exchange (NGX) require 6 to 12 months. FCCPC reviews: The...
Nigeria Tech Startup Investment Legal Checklist Key Takeaways Foreign venture capital funds and angel investors face specific regulatory requirements when injecting capital into Nigerian tech companies. Meeting these local rules...
How to Structure Private Equity Joint Ventures in Nigeria Key Takeaways Structuring a private equity joint venture in Nigeria requires compliance with local regulations. Foreign investors must plan capital repatriation...
2026 Compliance Checklist for Foreign Tech in Nigeria Significant Economic Presence (SEP): Non-resident tech companies providing digital services to Nigerians pay corporate income tax even without a physical office. Capital...
Key Takeaways Expanding a foreign tech company into Nigeria requires choosing between the tax benefits of a Free Trade Zone (FTZ) and the operational freedom of standard incorporation. Standard Corporate...
International companies must incorporate a local subsidiary through the Corporate Affairs Commission to operate in Nigeria. The minimum authorized share capital for any foreign-owned entity in Nigeria is NGN 100,000,000....
Foreign companies can sue in Nigerian courts without registering a local subsidiary or branch. Mareva injunctions allow you to freeze a defendant's Nigerian assets before they can hide or transfer...
The Companies and Allied Matters Act 2020 shifted Nigeria from a strict liquidation regime to a rescue-oriented model, offering Administration and Company Voluntary Arrangements to struggling tech subsidiaries. A company...
CCI is Non-Negotiable: You must obtain an electronic Certificate of Capital Importation (eCCI) within 24 hours of bringing foreign capital into Nigeria to legally guarantee your future right to repatriate...