General
Eviction Under Nigerian Law
Eviction Under Nigerian Law: Statutory Framework, Step-by-Step Process, Judicial Attitudes, and Tenant Protection 1. Introduction ★ No landlord can resort to self-help or forcibly evict a tenant without following the due process of law. The relationship between a landlord and a tenant, while inherently contractual, is also one of Nigeria’s most frequent sources of legal disputes. A central point of friction is the eviction process—the lawful means by which a landlord recovers possession of their […]
Acquiring Your First Private Jet in Nigeria:
Acquiring Your First Private Jet in Nigeria: A Comprehensive Legal and Regulatory Guide The acquisition of a private jet represents a significant milestone for high-net-worth individuals, multinational corporations, and business enterprises operating in Nigeria. Beyond the substantial financial commitment, the process is governed by a complex web of domestic legislation, international treaties, and regulatory requirements administered principally by the Nigerian Civil Aviation Authority (NCAA). This article provides a comprehensive examination of the legal, regulatory, and […]
The Virtual Assets Regulation (CBN 2025 Draft)
The Virtual Assets Regulation (CBN 2025 Draft): What’s Coming, and How to Structure a Compliant Crypto Exchange in Nigeria Now Abstract Nigeria has entered a new era for digital assets. The Investments and Securities Act 2025 (ISA 2025) now explicitly recognises virtual assets as securities and vests the Securities and Exchange Commission (SEC) with statutory authority to license and regulate Virtual Asset Service Providers (VASPs). At the same time, the Central Bank of Nigeria (CBN), […]
Using Free Trade Zones (FTZs) to Bypass FX Restrictions and Import Duties
Using Free Trade Zones (FTZs) to Bypass FX Restrictions and Import Duties: A Legal Playbook for Lagos, Calabar, and Kano This article provides a strategic legal guide for using Nigeria’s Free Trade Zones (FTZs), specifically in Lagos, Calabar, and Kano, to legally navigate foreign exchange (FX) restrictions and import duties. It dissects the two primary regulatory regimes, the general FTZ regime under the Nigerian Export Processing Zones Authority (NEPZA) and the specialized Oil and Gas […]
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 invalidates or frustrates private company exit provisions drafted without domestic statutory context. While well‑meaning drafters focus on tag‑along, drag‑along, and […]