Nigeria: Corporate and Company Law

In an increasingly digitized and globalized economy, the transfer of personal data across national borders has become an operational necessity for businesses. Nigerian companies and businesses...

The National Insurance Commission (NAICOM) has issued Guidelines for the Insurance Policyholders' Protection Fund (IPPF), requiring all licensed insurers and reinsurers to contribute 0.25% of their Net Premium Income to protect policyholders and beneficiaries. The Guidelines establish a comprehensive framework for funding, management, and utilization of the Fund, with strict compliance obligations and regulatory oversight.

The question whether a winding-up petition can be validly instituted against a company already subject to a subsisting compulsory winding-up order raises fundamental issues within Nigerian insolvency law. It touches on the nature of winding-up proceedings, the continuing legal status of a company in liquidation, the scope of judicial control, and the extent to which creditors or other entitled parties may pursue independent remedies outside the liquidation 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...

Under the Act, settlors who are typically petroleum operators, are required to establish and fund these trusts for the benefit of host communities.

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...

A sports betting business in Nigeria is not a venture that can lawfully commence merely because a company has been registered or a website has been launched.

The Securities and Exchange Commission (‘SEC’), Nigerian Communications Commission (‘NCC’), the National Pension Commission (‘PenCom’), the Nigeria Revenue Service...

On 25 March 2026, the Central Bank of Nigeria ("CBN") issued a circular granting International Oil Companies ("IOCs") unfettered access to 100% of their export proceeds...