256 results found

Is FCCPC approval enough to close a merger in Nigeria? Often, no. The Federal Competition and Consumer Protection Commission reviews deals for their effect on competition, but banks, telecoms companies, insurers, public companies and oil and gas businesses each answer to their own regulators too, and in banking, the CBN may take over the competition review altogether.

If the 2008 global financial crisis and subsequent failures of various banks around the world have taught us anything, it is that regulatory capital is pivotal in sustaining the resilience of banks...

In his contribution to this symposium on Eleanor Fox and Mor Bakhoum's book, Making Markets Work for Africa: Markets, Development, and Competition Law in Sub-Saharan Africa (OUP, 2019), Jasper Lubeto notes the omission of Nigeria, ...

Many Nigerian businesses and founders are seeking opportunities outside the Nigerian markets.

The Investments and Securities Act 2025 ("ISA 2025") introduces a consolidated statutory framework for Nigeria's capital markets.

In Lagos State, a foreigner can lawfully acquire an interest in land, but the transaction must be structured properly and comply with the applicable legal and regulatory rules.

Since 1999 Nigeria has experienced a profound level of structural, political and economic changes that have made it one of the emerging markets in Africa as well as a vital contributor to the world economy.

Nigeria, Africa's largest economy and second biggest market, is an important investment destination. One of her greatest challenges is archaic business laws.

On 24th April 2025, the Nigerian Securities and Exchange Commission ("SEC") introduced a series of new amendments to the SEC Rules and Regulations 2013 (as amended) (the "SEC Rules"), which was formally implemented in May...

Nigeria has emerged as a leading destination for private equity and venture capital in Africa, with $3 billion invested across 404 transactions between 2020 and 2024. The newly enacted Investments and Securities Act 2025 introduces comprehensive regulatory oversight for PE and VC funds, bringing enhanced investor protection, stricter compliance requirements, and clearer operational frameworks to this rapidly evolving market.

With the increase in the use of personal information by businesses in this digital age, compliance with data protection and privacy obligations is of increasing interest to many companies across jurisdictions.

Nigeria is an important player within the African and global economies. With significant imports and steadily growing exports, cross-border transactions are necessary for the flow of trade...

The new regime operates as two or three complementary layers, depending on the company structure. They are sequentially related layers of the same transaction, and a well-advised transaction must treat them as cumulative rather than alternative

Nigeria's merger approval framework has evolved from a fragmented system under CAMA 2020 and ISA 2007 to a comprehensive competition-based regime under the Federal Competition and Consumer Protection Act 2018. This analysis examines whether the Corporate Affairs Commission could have administered competition reviews, why sector regulators retain parallel jurisdiction, and what institutional reforms would resolve the resulting coordination challenges.

The effectiveness of judicial adjudication depends not only on the determination of legal disputes but also on the capacity of courts to grant relief that gives practical effect to their decisions. This consideration is particularly important in corporate litigation, where unresolved disputes may affect transactions, shareholder interests, and commercial relationships extending beyond the immediate parties. Section 22 of the Supreme Court Act confers broad powers on the Supreme Court to determine the real question in controversy on appeal and make consequential orders where appropriate.

As a business owner, the first thing to do is to register your business and it is important to ensure that you choose the right business structure in Nigeria.

Private Equity (PE) plays a crucial role in helping businesses achieve growth. Consider the case of Burger King, a 55-year-old publicly traded burger chain that faced severe challenges...

2015 was a relatively robust year for M&A transactions in Nigeria's oil and gas industry. The majority of the transactions involved divestments by international oil companies (IOCs) of onshore oil and gas assets to Nigerian oil and gas companies