There are several remedies available to an aggrieved beneficiary in the event of a breach of trust by a trustee.

On 8th April, 2021, the Securities and Exchange Commission ("SEC" or the "Commission") issued a Notice informing the investing public of the existence and rapid expansion of unauthorized investment...

Executing a founders' agreement is essential if you are starting a startup. A founders' agreement outlines the conditions that control business ownership and the founders' working relationship.

We are delighted to present the third Deloitte CFO Survey report for West Africa. This report offers a glimpse of the views, expectations and challenges of CFOs in Ghana and Nigeria.

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.

There are different structures of venture capital funding and the structure to be adopted depends on industry and stage in the life of the entity at which the equity is injected.

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.

A fuel supplier failed to deliver 2 million litres of Automotive Gas Oil despite receiving ₦705 million upfront payment, leading to litigation that ultimately resulted in a court-enforced settlement. Through strategic mediation and robust legal preparation, the client successfully recovered their funds when the supplier defaulted on the commercial supply agreement.

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

When buying a land or house on installment in Lagos Nigeria, the buyer must ensure that the seller has the legal right to transfer ownership in that property.

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 FIRS has begun to enforce compliance with Nigeria's CbCR Regulations. Members of multinational groups that meet the CbCR threshold have an obligation to notify the FIRS of the identity and tax residence of...

The Federal Inland Revenue Services (FIRS) has issued a circular on the tax implications of regulated securities lending (RSL) transactions in Nigeria

Nigeria's Minister of Finance has issued the Presumptive Tax Regulations 2026, establishing a simplified framework for assessing income tax from taxpayers without adequate accounting records. This landmark regulation forms part of Nigeria's broader tax reform agenda aimed at expanding the tax base while reducing compliance burdens for small and informal businesses.