Market Intelligence

But does “non-binding” still mean non-binding in relation to good faith? Specifically, does non-binding still mean that the duty of good faith doesn’t begin to apply until after the parties have signed the definitive agreement contemplated by the LOI, or can the duty of good faith apply to the parties’ negotiations that lead up to the definitive agreement contemplated by the LOI?

Incorporating an NGO in Nigeria is merely the beginning of a complex journey of legal compliance and regulatory adherence. While registration with the Corporate Affairs Commission grants legal recognition, it simultaneously imposes continuing statutory obligations that trustees must navigate throughout the organisation's existence. Understanding these post-incorporation requirements is essential for NGOs, charitable foundations, and other non-profit bodies to avoid regulatory sanctions and maintain their le

Tax compliance in Nigeria involves more than just paying taxes—it requires meeting various filing and reporting obligations throughout the year. This guide addresses common questions about tax filing requirements under Nigeria's current framework, helping employers and small businesses understand their responsibilities and avoid penalties from tax authorities.

The Swiss Federal Supreme Court has ruled that parties receiving judicial documents through international mutual legal assistance under the Hague Service Convention cannot challenge the Central Authority's decision to execute service in Switzerland. Instead, recipients must raise all objections regarding improper service, lack of notice, or due process violations directly in the main proceedings on the merits, creating significant procedural risks for parties served with cross-border judicial documents.

Nigeria's 2027 presidential election will hinge on fuel pricing policy as skyrocketing costs devastate citizens. Dr. Olisa Agbakoba presents four potential scenarios for petroleum pricing, advocating for a differential pricing model that could deliver petrol at ₦400-700 per litre by decoupling domestic crude from volatile international markets.

Nigerian law has long established that lawyers can be sued for negligent advice, but determining the precise boundaries of that liability remains complex. This article examines how Nigerian courts distinguish between protected professional judgment and actionable negligence, exploring the doctrinal limits of advocate's immunity and the evolving layers of accountability that extend beyond traditional courtroom liability.