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Commercial contracts form the foundation of business relationships, yet their effectiveness depends entirely on how well they are drafted. Understanding which clauses to include and how to structure them can mean the difference between a smooth transaction and costly litigation. What are the essential provisions every business must incorporate to protect its interests and prevent disputes?

The question is - what made the auto policy work in the '70s and how can the foundational challenges be addressed to woo investors?

The concept of Guarantorship is often taken for granted in Nigeria. The seemingly small request we now hear from friends, family members or even colleagues can be captured in the following sample appeal: “I collected one small loan, and I need you to be my guarantor. Please just sign here, I already know how to pay back; it will not be a big deal.”

It is now possible to have single shareholder/single director companies. This is available to small companies

The Central Bank of Nigeria's (CBN) Circular of July 2016 (CBN Circular) approved the quotation rules of the FMDQ OTC Securities Exchange (FMDQ) and authorized the quotation of Commercial Papers in Nigeria.

A partnership is an arrangement between two or more people (the "Partners") to do business together with the intention of making a profit.

A surprising number of disputes that end up in arbitration are not, at their root, legal disputes at all. They are communication failures, project-management failures, governance failures, or breakdown in trust between people who once worked well together. The legal characterisation such as breach of contract, variation claim, or indemnity dispute, is often just the form the disagreement takes by the time lawyers are involved, not a description of what went wrong.

The issuance of the General Transition Guidelines for the Tax Acts 2025 provides long-awaited clarity on one of the most significant tax reforms in Nigeria's recent history. This Client Alert examines the practical implications for businesses navigating the transition to the new tax regime, including treatment of accounting periods, transaction taxes, ongoing contracts, tax incentives, disputes, and compliance obligations.

The legal identity of debt instrument is founded on the principle that what begins as a simple promise to repay evolves through force of law into a legally binding obligation that defines the relationship between the issuer and investors...

On 14 January 2026 and 28 January 2026, the Nigerian Upstream Petroleum Regulatory Commission ("NUPRC" or the "Commission") held the 2025 Pre-Bid Conference and Webinar respectively.

Share Purchase Agreements (SPAs) serve as critical risk allocation tools in corporate transactions, governing the transfer of company shares between buyers and sellers. This article examines the key legal risks inherent in SPAs and explores the protective mechanisms—including representations and warranties, indemnities, conditions precedent, and escrow arrangements—that parties employ to safeguard their interests throughout the transaction lifecycle.

Nigeria's 2025 Petroleum Licensing Round (the "Licensing Round") is a competitive, performance-driven allocation process that will determine the next wave of Petroleum Prospecting Licence ("PPL") holders...

It is trite that parties are free to contract as they please; and the law recognises and enforces the rights of parties as stated in a contract.

As Africa's largest economy and most populous nation, Nigeria continues to attract global interest as a strategic destination for investment.

The decision of the Supreme Court of Nigeria in EMTS Ltd v Afdin Ventures Ltd & Ors.,2 signifies a further consolidation of Nigeria’s pro-arbitration jurisprudence within the global framework of international commercial arbitration. The judgment prioritized the efficacy of achieving finality in arbitration proceedings over technical procedural requirements and addressed issues relating to the enforceability of arbitral awards against non-signatories, allegations of fraud in arbitration, judicial intervention in arbitral awards and the need for expeditious determination of arbitration related litigation.

It is sometimes prudent to presume that disputes may take on the status of near inevitability in business and commercial transactions.

Nigeria's fuel market is undergoing a major transformation as the Dangote Refinery expands domestic refining capacity, raising critical questions about market dominance, fair competition, and regulatory compliance. This analysis examines how competition law applies to the country's evolving petroleum industry and what businesses, investors, and fuel marketers need to understand about pricing practices, market access, and the legal boundaries between legitimate market leadership and potential abuse of domina