The long-running dispute between the Federal Republic of Nigeria and Process & Industrial Developments Limited ("P&ID") continues to shape the international arbitration landscape. Widely regarded as one of the most...
More than 1.7 million Nigerians have relocated abroad since 2020. Nigeria is now the largest single source of Skilled Worker visa holders in the United Kingdom and the fifth largest...
CERPAC stands for Combined Expatriate Residence Permit and Aliens Card. It is the document that allows a foreign national to live and work lawfully in Nigeria, and for many expatriates...
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...
Legal Personality: Upgrading to a Private Limited Company (Ltd) creates a separate legal entity, protecting your personal assets from business liabilities. Cessation Requirement: You must formally file a "Notice of...
Upstream disputes in Nigeria sit where two statutes meet. The Arbitration and Mediation Act 2023 (AMA), signed into law on 26 May 2023, governs how the dispute is fought. The...
Only the High Court of a State (or the FCT High Court) can dissolve a statutory marriage in Nigeria. The Federal High Court has no matrimonial jurisdiction, and a customary...
You can sue in Nigeria if a product is unsafe, of poor quality, or does not match its description and this causes you loss, injury, or damage. The main legal...
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...
A Legal Guide Every Nigerian startup registered as a private limited company must have at least two directors under the Companies and Allied Matters Act (CAMA) 2020. Compliance with the...
CAMA 2020 Priority: The Companies and Allied Matters Act (CAMA) 2020 shifted Nigeria's insolvency framework from a "liquidate-first" approach to a "rescue-first" model. Moratorium Benefits: Corporate rescue tools like Administration...
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...
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...
Every Nigerian company must file an annual return with the Corporate Affairs Commission (CAC) to remain in "active" status. Small companies and startups with a single shareholder are now legally...
Pre-Action Requirement: A formal Letter of Demand is a mandatory prerequisite for most debt recovery litigation in Nigerian courts to demonstrate that the debtor was given a fair opportunity to...
The Central Bank of Nigeria (CBN) Regulatory Sandbox allows foreign fintechs to test innovative products for up to six months before obtaining full operational licenses. Foreign entities must either incorporate...
Strict adherence to the Corrupt Practices and Other Related Offences Act is mandatory for all foreign subsidiaries operating in Nigeria. Annual compliance filings with the Corporate Affairs Commission (CAC) are...
Navigating Commercial Arbitration in Nigeria's Emerging Tech Sector Nigeria's Arbitration and Mediation Act 2023 introduces progressive rules, including third-party funding and emergency arbitration, making it highly attractive for tech dispute...
Nigeria Data Protection Act FAQ: Compliance for Multinational Tech Firms The Nigeria Data Protection Act (NDPA) 2023 applies to any multinational tech firm processing the personal data of individuals residing...
Drafting Enforceable Cross-Border Vendor Agreements in Nigeria Choosing international arbitration over domestic litigation is critical for protecting foreign business interests from procedural delays in Nigerian courts. Explicit governing law and...