Nigeria: Corporate/Commercial Law

Warranty and Indemnity insurance is transforming M&A transactions globally, yet its adoption in Nigeria faces significant barriers. This analysis explores the practical challenges of implementing...

Nigeria's merger approval framework has evolved from a fragmented system under CAMA 2020 and ISA 2007 to a comprehensive competition-based regime under the Federal Competition and Consumer Protection Act 2018. This analysis examines whether the Corporate Affairs Commission could have administered competition reviews, why sector regulators retain parallel jurisdiction, and what institutional reforms would resolve the resulting coordination challenges.

Private equity, venture capital, and private credit markets in Nigeria are evolving rapidly, with disclosed deal values surging 84% to US$810.7 million in 2025. While venture capital dominates transaction volume and value, private debt is expanding its role in working capital, acquisition finance, and infrastructure. The critical question is not whether capital can enter Nigeria at scale, but whether it can stay, perform through cycles, and ultimately return to investors as distributions.

Nigeria's July 2026 regulatory landscape witnessed sweeping reforms across insurance recapitalisation, digital sovereignty requirements, VAT framework revisions, and virtual assets coordination. How are these interconnected policy shifts reshaping compliance obligations for businesses operating in Africa's largest economy, and what strategic adjustments must organisations make to navigate this evolving regulatory environment?

This document provides a comprehensive overview of regulatory updates from August 2026, compiling key guidelines, letters, circulars, and notifications issued by Nigerian authorities. Legal professionals and businesses...

Nigeria's pension industry faces a transformative period as the National Pension Commission introduces revised minimum capital requirements for Pension Fund Administrators and Pension Fund Custodians, with a compliance deadline of 30 June 2027. This regulatory shift will compel operators and their shareholders to fundamentally reassess their capital positions, funding capabilities, and strategic direction for the future.

The startup ecosystem has evolved from minimal oversight to a structured landscape where innovation and compliance intersect. As technology-driven businesses occupy pivotal positions in financial services, healthcare, and digital commerce, regulators have become proactive in addressing legal and policy implications.

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 has emerged as a leading destination for private equity and venture capital in Africa, with $3 billion invested across 404 transactions between 2020 and 2024. The newly enacted Investments and Securities Act 2025 introduces comprehensive regulatory oversight for PE and VC funds, bringing enhanced investor protection, stricter compliance requirements, and clearer operational frameworks to this rapidly evolving market.

A recent judgment of the Federal High Court delivered on 23rd May, 2026 serves as an important reminder for businesses operating or seeking to operate in Nigeria that obtaining a Certificate of Incorporation from the Corporate Affairs Commission (“CAC”) does not automatically mean that a business name is beyond legal challenge.

The Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026 (the "Order") establishes a production-linked tax remission framework for qualifying deep offshore oil and gas developments in Nigeria.

When a person dies in Nigeria, their assets and liabilities require proper legal administration before distribution to rightful beneficiaries. This comprehensive guide examines the legal framework governing estate administration, distinguishing between Probate and Letters of Administration, and addressing the procedural requirements, common challenges, and practical considerations that executors, administrators, and beneficiaries must navigate when managing deceased estates under Nigerian law.