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In modern commercial contracts, arbitration clauses are commonly included as the parties’ preferred dispute resolution mechanism, given its advantages of confidentiality, flexibility, efficiency, neutrality, and access to specialist adjudicators. However, the effectiveness of such clauses ultimately depends on their drafting precision. An arbitration clause intended to be mandatory may be construed as permissive if poorly drafted or paired with a jurisdiction clause, thereby allowing a party to bypass arbitration, contrary to the parties’ intention.

COVID-19 has been declared a global pandemic by the World Health Organization ("WHO") . It has become a threat not just to the existence of humanity but every activity imaginable.

As part of the Federal Government's efforts to revamp the legal, economic and governance framework of the petroleum industry in Nigeria, President Muhammad Buhari recently signed into law the Petroleum Industry Act ...

With the largest economy and population in Africa, Nigeria has seen a rise in the number of successful start-ups, particularly in Lagos State which has been described as Africa's Silicon Valley.

The global obsession with footballers has created one of the great money spinners of the entertainment industry. In return for captivating audiences with their skills on the pitch,...

Generally, a customer of a bank is someone who has an account with a bank, or without having an account the relationship of banker and customer exists.

The inception of novel and creative ideas often leads to new inventions and innovations. Inventions are a confirmation of the boundless ingenuity inherent...

Risk is an unavoidable part of every construction project. Delays, design errors, unforeseen site conditions, payment disputes, regulatory changes, and economic fluctuations all affect project delivery. Because construction projects involve multiple parties, significant investment, and long execution periods, how these risks are allocated determines whether a project succeeds or fails.

In the exercise of his powers under the various income tax laws, the Minister of Finance and Coordinating Minister of the Economy (the "Minister") issued the Deduction of Tax at Source...

Family businesses are the quiet engine of the global economy, accounting for a large share of the jobs and output of almost every country on earth. Yet they share one stubborn weakness: most do not outlive the people who build them. Studies of family enterprises find repeatedly that only a minority survive into the second generation, and fewer into the third.1 The problem is rarely a lack of talent or ambition. It is a lack of structure.

It is often the general rule, rather than the exception, that most people who hold themselves out as guarantors are ignorant of the implication of signing a guarantee form/contract.

The protection of confidential information in Nigerian commercial practice requires more than faith in non-disclosure agreements. Whilst scepticism about NDAs as standalone protections has merit, understanding their role...

The President of the Federal Republic of Nigeria, Muhammadu Buhari, on 4th November 2019, signed the Deep Offshore and Inland Basin Production Sharing Contracts (PSC) (Amendment)...

Certificate of Occupancy ("C of O") is an important title document issued by the Oyo State Government as proof of a person's legal interest in land.

An M&A deal can be described as a marathon.

There has been an increase in the use Arbitration process in Nigeria to resolve complex commercial disputes.

Non-payment of contractors by their employers can be frustrating. Therefore, several standard forms of contract allow contractors suspend...

Starting a business in Nigeria can be an exciting journey. Nigeria is Africa's largest economy and boasts a thriving startup ecosystem that continues to attract entrepreneurs and investors alike...