Nigeria: Inward/ Foreign Investment

Nigeria's oil and gas sector presents significant opportunities for foreign investors, but success requires navigating a complex regulatory framework established by the Petroleum Industry Act 2021. From mandatory local incorporation and licensing requirements to host community obligations and environmental compliance, understanding these legal prerequisites is essential before committing capital to upstream, midstream, or downstream petroleum operations.

Nigeria has introduced a new Tax Remission Order for 2026 targeting deep offshore oil and gas projects, establishing a framework of fiscal incentives designed to stimulate investment in the sector. This regulatory development carries significant implications for both domestic and international investors evaluating opportunities in Nigeria's offshore energy landscape.

Nigeria's strategic position on the Gulf of Guinea and its status as one of Africa's largest import economies make it a critical market for international maritime logistics operators. However, establishing operations requires navigating a complex multi-agency regulatory architecture spanning company law, foreign investment restrictions, maritime licensing, customs compliance, and local content obligations.

Nigeria's solid minerals sector has reached a pivotal moment with the inauguration of West Africa's largest lithium processing plant and the discovery of major mineral deposits in Kaduna State, alongside billions in committed investments. Minister Dele Alake's seven-point reform agenda is driving regulatory tightening, revenue growth, and a shift from raw exports to local processing, yet the question remains whether these developments represent genuine transformation or another fleeting opportunity constrai

Nigeria has emerged as a critical hub for venture capital and corporate expansion in Sub-Saharan Africa, yet success hinges on understanding the complex regulatory framework introduced by CAMA 2020...

Nigeria offers substantial opportunities for foreign investors seeking to establish operations in Africa's largest economy. However, successful market entry requires more than simply filing incorporation documents—it demands careful navigation of multiple regulatory agencies, proper capital importation procedures, and compliance with foreign investment rules that can determine whether your venture thrives or stalls before it begins.

Nigeria has enacted a new Public Finance Management Act (PFMA) in 2024. This legislation is a comprehensive framework designed to regulate the management of public funds, revenues, expenditures, assets, and liabilities at the federal level.

The Nigerian Ministry of Mines and Steel Development (MMSD) revoked over 4,000 dormant or underutilized mining licences, within the last 3 years, citing reasons including failure...

The FATF grey list identifies jurisdictions that are actively working to address deficiencies in their AML/CFT regimes.