Nigeria's maritime sector undergoes a major regulatory transformation with the Nigerian Ports Economic Regulatory Agency Act, 2026, which establishes a comprehensive framework for economic regulation of ports, introduces stricter tariff controls, enhanced enforcement powers, and transitions the Nigerian Shippers' Council into a dedicated economic regulator with expanded authority over port operations, terminal operators, and shipping services.

The Federal Competition and Consumer Protection Act 2018 (FCCPA), enacted in 2019, governs merger review and approval in Nigeria.

Mergers and Acquisitions (M&As) have largely been beneficial to the Nigerian economy especially in recent times, as banking consolidation amongst others, has shown.