481 results found

Government-owned football clubs currently dominate the Nigerian football league system at the highest levels, that is, the Nigeria Premier Football League (NPFL) and the Nigeria...

Contracts form the backbone of both daily transactions and intricate commercial relationships. Whether the informal sale of ugu in an open market or a multimillion-dollar deal between multinational corporations...

Joint ventures have become essential structuring tools in Nigeria's commercial landscape, yet they remain among the most litigated arrangements due to inadequate legal frameworks.

Garnishee proceedings represent a specialized statutory mechanism for enforcing monetary judgments in Nigeria, operating outside the conventional pleadings-based civil litigation framework. Governed primarily by the Sheriffs and Civil Process Act, this procedure offers judgment creditors an expedited pathway to recover debts owed to judgment debtors by third parties.

Nigeria's Arbitration and Mediation Act 2023 fundamentally transforms West Africa's dispute resolution framework by introducing mandatory judicial stays, emergency arbitrator provisions, and third-party funding mechanisms. How do these reforms position Nigeria as a competitive arbitral seat for international commercial transactions, and what strategic considerations should global counsel evaluate when drafting dispute resolution clauses for Nigerian-connected contracts?

Every company rendering services or selling goods will always have customers or clients who will default on payment for the services and goods delivered. In situations like this, a company would always want to protect its cash flow and may be tempted to explore aggressive measures to recover its debt; this may lead to a strained relationship between the company and the customer.

The era of digitalisation and globalisation has greatly impacted and evolved the way businesses are done around the world. The internet of things has made the world more than ever a global village, thus, the world is now a fingertip away.

Nigeria's wealth management industry has evolved from informal advisory practices into a highly regulated financial services sector. Understanding the licensing requirements and compliance obligations imposed...

International trade involves the exchange of goods and services across borders, essentially import and export transactions.

Garnishee proceedings represent a specialized statutory mechanism for enforcing monetary judgments in Nigeria, operating outside the conventional pleadings-based civil litigation framework. Governed primarily by the Sheriffs and Civil Process Act, this procedure offers judgment creditors an expedited pathway to recover debts owed to judgment debtors by third parties.

For many years, the application of sections 97, 98, and 99 of the Sheriff and Civil Process Act ("SCPA") - specifically concerning the service of writs outside the jurisdiction...

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.

Nigeria's land tenure system creates significant legal and commercial challenges for large-scale real estate developments, with ownership disputes, customary claims, and government interests generating substantial uncertainty.

The business world is a confusing and oftentimes dangerous place. This explains why business laws and regulations are made to protect business stakeholders. Without business laws and regulations,...

The types of bonds commonly used in Nigeria are highlighted below.

The feeling of control, sense of security and certainty is something that everyone covets and pursues when entering into commercial arrangements.

With its enactment four years ago, the Petroleum Industry Act 2021 ("PIA") introduced comprehensive reforms to Nigeria's oil and gas sector...

Subject to the amendments by the Finance Act 2019 to several provisions of the Stamp Duties Act Chapter S8 LFN 2004 (as amended), the Federal Inland Revenue Service issued a circular entitled ...