Nigeria: Shareholders

In recent years, Nigeria’s Mergers and Acquisitions (“M&A”) landscape has witnessed notable growth, driven by increasing investor confidence, regulatory reforms, and the strategic consolidation of businesses across sectors such as banking, financial services, energy, telecommunications, healthcare, and technology.

On March 12, 2026, the Central Bank of Nigeria issued a directive barring commercial banks from providing new loans and specific banking services to “large-ticket obligors” who have defaulted on their existing loan obligations.

As Nigerian capital markets deepen and shareholder activism grows, hostile takeovers are no longer a distant threat. This guide examines two critical defensive strategies—the Poison Pill and White Knight approach...

A fundamental principle of company law is that a company is a separate legal entity distinct from its shareholders and directors.

The recent allegations surrounding Ezra Olubi, co-founder of Paystack, have thrust into the public arena a pertinent question that will give governance professionals something serious to ponder on...

There is no doubt that the Nigeria economy has great potentials for growth and the Lagos stock exchange has outperformed many others since the onset of the Covid 19 pandemic.

Nigeria is one of Africa's most attractive markets for foreign direct investment, but entering the market alone can be daunting. Many foreign investors, especially those in industries like oil and gas...

Annual General Meetings (AGMs) are essential to corporate governance, acting as the main platform for shareholders to interact with a company's board of directors and management. AGMs serve as a forum for evaluating...

The Central Bank of Nigeria ("CBN"), being the country's apex bank and the regulator of the banking sector, has as one of its key objectives to promote a sound financial system.