Law Insights
Drafting Exit Rights Under Nigerian Law That Survive NIPC, SEC, and FIRS Scrutiny
Your Incineration Clause Just Failed: Drafting Exit Rights Under Nigerian Law That Survive NIPC, SEC, and FIRS Scrutiny The carefully crafted exit clause in your shareholders’ agreement may already be unenforceable. Nigeria’s regulatory triple lock, the Nigerian Investment Promotion Commission (NIPC), the Securities and Exchange Commission (SEC), and the Federal Inland Revenue Service (FIRS), routinely […]
How to Structure Your Nigerian Investment So You Can Actually Take Profits Home
The FX Repatriation Trap: How to Structure Your Nigerian Investment So You Can Actually Take Profits Home By the time a foreign investor in Nigeria realises they cannot take their profits out, it is already too late. The mistake was made on Day One, before the wire transfer ever landed in the Nigerian banking system. […]
Venture Capital in Nigeria
Venture Capital in Nigeria: A Comprehensive Legal Analysis Abstract 📊 Historical Deal Volume Nigeria recorded 404 private capital deals with an aggregate reported value of approximately USD 3 billion between 2020 and 2024. 📊 Historical Deal Volume Nigeria recorded 404 private capital deals with an aggregate reported value of approximately USD 3 billion between 2020 […]
The Investment and Securities Act 2025 and Nigeria’s New Takeover, Merger, and Restructuring Regime
M&A Reimagined: The Investment and Securities Act 2025 and Nigeria’s New Takeover, Merger, and Restructuring Regime Abstract The Investment and Securities Act (ISA) 2025, which repealed the ISA 2007, represents the most significant overhaul of Nigerian capital market and mergers & acquisitions (M&A) regulation in nearly two decades. This article examines the Act’s modernisation of […]
Expanding the Net on Non‑Resident Digital Companies
The Force of Attraction Principle in Nigeria’s 2025 Tax Reform: Expanding the Net on Non‑Resident Digital Companies Abstract Nigeria’s 2025 tax reform package introduces a radical departure from traditional source‑based taxation. The new “Force of Attraction” principle, embedded within the Nigeria Tax Act 2025, redefines the taxable presence of non‑resident companies (NRCs) operating through digital or intermediary […]