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Nigeria remains one of the most strategically significant M&A markets on the African continent. With Africa’s largest economy, a population exceeding 220 million, and sectors ranging from upstream petroleum to high-growth fintech, the country consistently draws foreign acquirers looking for scale and first-mover advantage.

As stated in our previous Newsletter – Timeline for treating unissued share capital extended by the CAC – by virtue of Regulation 13 of the Companies Regulations 2021...

Startup financing in Nigeria continues to evolve as the country remains one of Africa's four major startup markets, yet early-stage fundraising presents persistent challenges around valuation, particularly for companies without established revenue or market comparables. This analysis examines how hybrid instruments like SAFEs can address the practical and legal complexities founders face when raising capital before achieving operational maturity.

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...

The traditional approach to corporate insolvency in Nigeria, which focused on liquidation and winding-up, has undergone a significant shift with the enactment of the Companies and Allied Matters Act, 2020.

We have been following with rapt attention the recent developments regarding the coronavirus (Covid-19), an outbreak so devastating that it is gradually grinding to a halt economic, political and social activities...

The whole world is grappling with the challenges emanating from the COVID – 19 pandemic.

In a bid to protect the general public when investing in crowdfunding platforms for underlying Micro, Small, & Medium Enterprises ("MSME"s), the SEC recently released a draft of the Proposed Rules on Crowdfunding (the "Rules").

In July 2025, Stren & Blan Partners hosted a webinar on "Evolving Global Investigations Landscape: Risk Management and Response Strategies for International Businesses in Africa."

The FIRS today released a public notice threatening to go after the directors, managers, secretaries and other persons concerned with the management of companies to recover tax liabilities owed

In the last decade, start-ups have emerged as key drivers of economic growth, job creation, and catalysts for radical innovation, with the technology startups spearheading this development.

Nigeria's non-oil economy demonstrated robust growth of 4.07% in Q4 2025, with agriculture, real estate, construction, and manufacturing leading the expansion. This analysis examines the corporate-commercial implications of this economic momentum and the increasingly structured regulatory environment shaping business operations. The piece explores three key developments from 2025 that are particularly significant for boards, investors, and in-house counsel navigating Nigeria's evolving business landscape.

The Corporate Commercial Practice Group at OAL recently hosted a thought-provoking webinar titled "Investing in the African Market: Opportunities under the AfCFTA" on January 31st, 2024.

SPDC had lawfully terminated a contract with a contractor who had significantly misrepresented their technical expertise and capability to fulfill the agreement.

As part of its efforts at ensuring investor protection and encouraging innovation in the conduct of securities business in Nigeria, the Securities and Exchange Commission ("SEC")'s issued Rules on...

The Federal Ministry of Interior recently issued a Public Notice implementing additional guidelines to regulate Expatriate Quota related matters and Business Residency in Nigeria.

Nigeria's Ministry of Interior is launching an e-citibiz portal for online processing of permits including business permits, expatriate quotas, citizenship applications and licenses to officiate marriages.

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