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Having a great idea and building it out into a viable business could be quite daunting and difficult in a harsh business climate like Nigeria.

Starting a business is never an easy task as there are various hurdles to cross when starting a business. These challenges span across choosing the right financing option for the business given the financial and legal implications of the various financing options as well as how best to secure the interests of the founders and grow the business to a viable stage.

The Nigeria Investment and Promotion Commission Act provides that any enterprise in which there is foreign participation must be registered with NIPC.

In a significant move to bolster Nigeria's capital market, President Bola Ahmed Tinubu signed the Investment and Securities Act (ISA) 2025(the "Act") into law on March 29, 2025.

The Federal Ministry of Interior ("FMI") recently updated its guidelines for Expatriate Quota ("EQ") administration at the FMI. These developments have immediate effect and are highlighted hereunder for your information...

Putsimply, the company cannot access foreign exchange at the official rate or market for remittances outside of Nigeria under the unregistered contract.

Following the assent of the Companies and Allied Matters Act 2020 ("CAMA") into law on August 7, 2020 by President Muhammadu Buhari, implementation by the Corporate Affairs Commission ("CAC")...

The Corporate Affairs Commission ("CAC'') recently announced the upgrade of its website and online registration portal (‘'the Portal) to allow for the full automation of most of its ...

Udo Udoma & Belo-Osagie (UUBO) demonstrates how strategic pro bono legal services can drive meaningful social impact across Nigeria and beyond. Through partnerships with global organizations and focused initiatives spanning healthcare advocacy, corporate governance support, and access to justice, the firm leverages its legal expertise to strengthen institutions and advance sustainable development aligned with UN SDGs.

The Petroleum Industry Act 2021 vests the Nigerian Midstream and Downstream Regulatory Authority with responsibility for the technical and commercial regulation midstream and downstream petroleum ...

Foreign investors entering the Nigerian market are often focused on company registration, tax compliance, and import approvals.

Other modules of SWIP are expected to be rolled out subsequently.

The signing into law of the Companies and Allied Matters Act, 2020 (the "CAMA 2020") has been lauded as a remarkable feat, a game changer in the corporate regulatory framework, and described as Nigeria's most revolutionary piece of business legislation in decades.

The Remote Gaming License in Nigeria refers to the remote operator permit that enables foreign gaming companies to lawfully provide online gaming services...

On 16th March 2021, the National Information Technology Development Agency (NITDA or "the Agency") announced that it has imposed a fine of ₦5 million on Electronic Settlement Limited for personal

In December 2011, the Federal Government (FG) issued the Companies Income Tax (CIT) (Exemption of Bonds and Short-Term Government Securities) Order, 2011 and Value Added Tax...

The Corporate Affairs Commission (CAC) recently announced the upgrade its website and online registration portal ("the Portal") to include features, which allow for the automation of some selected services and processes.