Nigeria: International Trade & Investment

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Article
Illegal Fishing In Nigeria’s Waters: The Legal Framework, The Enforcement Gaps, And What Must Change
The Gulf of Guinea has witnessed a significant transformation in maritime security threats, with illegal fishing emerging as a critical challenge following the decline in piracy incidents. This analysis examines how Illegal, Unreported and Unregulated (IUU) fishing has evolved into a major economic and security concern for Nigeria and neighboring West African states, exploring the legal frameworks, enforcement gaps, and systemic weaknesses that enable this lucrative criminal activity to persist despite inte
Worldwide International
OA
Olisa Agbakoba Legal (OAL)
Article
One Africa, One Click: What The Afcfta Digital Trade Protocol Means For Africa
The AfCFTA Digital Trade Protocol is evolving from framework to operational instrument, with eight new annexes adopted in February 2025 covering rules of origin, cross-border payments, and data transfers. As Africa's digital economy races toward a projected $712 billion by 2050, businesses and governments face critical decisions about compliance, market access, and regulatory alignment. What practical steps should stakeholders take now to prepare for implementation, and how will ratification timelines affec
Nigeria International
PL
Pavestones Legal
Article
Cross-Border Contract Mistakes That Cost Foreign Companies Billions In Nigeria
Foreign companies entering Nigeria's market face enormous legal risks from poorly drafted cross-border contracts. Two major disputes—one worth US$11 billion and another US$6.2 million—reveal how ambiguous delivery clauses, weak dispute resolution provisions, and inadequate due diligence transform routine agreements into catastrophic arbitration battles. Understanding these costly mistakes before signing can save businesses billions and years of litigation.
Nigeria International
OA
Olisa Agbakoba Legal (OAL)
Article
Legal, Regulatory, And Market Issues Shaping Nigeria’s Ongoing 2025 Petroleum Licensing Round
Nigeria's 2025 Petroleum Licensing Round offers 50 blocks across the Niger Delta, deep offshore, and frontier basins, targeting USD 10 billion in investment under the Petroleum Industry Act. With nearly 300 applicants competing, the round represents the most ambitious upstream acreage release in Nigeria's post-PIA era, testing the country's reformed regulatory framework at unprecedented scale.
Nigeria Energy
UU
Udo Udoma & Belo-Osagie
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