Nigeria: Insolvency/Bankruptcy

When a company's assets are systematically stripped before creditors can enforce their rights, a critical legal question emerges: can creditors pursue independent claims against those responsible...

Nigeria's maritime sector faces unprecedented financial pressures from rising interest rates, currency instability, and mounting loan defaults, fundamentally reshaping how ship mortgages are enforced. The introduction of the Admiralty Jurisdiction Procedure Rules 2023 has modernized enforcement mechanisms, expanding vessel arrest powers and facilitating judicial sales as strategic tools for preserving maritime assets. How are mortgagees navigating this convergence of economic volatility and procedural innov

For many litigants in Nigeria, obtaining a court judgment represents years of legal battles, yet the real challenge often begins afterward: recovering the judgment debt when debtors employ sophisticated...

Madam Bernice was a well-known entrepreneur in Nigeria in the 1970s and 1980s. She had a big business dream to start a family fashion business that would outlive...

The Investment and Securities Act 2025 ("the Act") marks a comprehensive overhaul of Nigeria's principal legislation governing investments and capital markets

In today's interconnected global economy, businesses often operate across multiple jurisdictions. This globalisation has made it imperative for nations to devise robust frameworks to address issues affecting.

Like several other countries, there is a constant need to improve Nigeria's business climate and of doing business in line with emerging trends in regional and global markets.

The Companies and Allied Matters Act (CAMA) 2020 is the regulatory guide for Corporate practice in Nigeria. It has some provisions governing Corporate Insolvency practice in Nigeria which revolves...

The recent introduction by the extant Banks and other Financial Institutions Act 2020 of Bail-in, as a tool for resolving bank insolvency is a critical discussion point for the comity of international lenders, lending to Nigerian banks and other financial institutions.