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The Nigerian Police Trust Fund Act (the "Act") was passed by the National Assembly in April 2019, and signed into law by the President on 2 July 2019.

As we grow our assets and wealth either as entrepreneurs, employees or investors, in the tech, banking, manufacturing, energy, agricultural...

Unlike some countries, the United States of America and France for instance, the United Kingdom (UK) does not generally charge Capital Gains Tax (CGT) on property disposals by non-residents.

The decision to operate a unit trust scheme or invest in one should not be made without a good understanding of the tax implications.

One of the hardest decisions in business is knowing when to pivot. For many founders – especially in family businesses, a pivot can feel like abandoning roots, like changing the very DNA of what you have built. But the truth is: pivoting should not be seen as erasing the past but as a means to preserve the future.

Cohabitation in Nigeria does not automatically give unmarried couples the same legal rights as married couples. Nigerian law does not currently provide a comprehensive statutory framework governing the property and financial rights of couples who live together without marrying.

Expatriate quota is a type of authorization given by the Ministry of Interior to businesses and registered firms to hire foreign nationals with the necessary capabilities with the intention of teaching...

Estate planning in Nigeria requires careful consideration of legal tools that protect wealth and ensure smooth succession. Understanding the distinct roles of wills and trusts—and how they complement each other—is essential for high-net-worth individuals navigating complex asset structures, customary land tenure, and multi-jurisdictional holdings.

Protecting your assets and at the same time providing for your loved ones is a top priority for any parent.

Have you considered setting up a trust over your private assets, to ensure their preservation and steady growth?

Lately, I've been thinking about how early our relationship with money really begins.

Understandably, the Act exempts any income generated by the Trust Fund from income tax.

Wealthy African families are shifting their approach to family offices, prioritizing governance frameworks and ownership structures over investment strategy as they transition from founder-led wealth to multigenerational stewardship. This distinctly African model addresses the structural gaps that emerge when significant portfolios grow across operating businesses, real estate, and global investments without coordinated ownership frameworks or formal governance systems.

A Deed of Assent (Assent) is an instrument or legal document that comes into existence in furtherance of the devolution of title to real property to beneficiaries under a Will.

It is a common misconception that all trustees share the same duties and responsibilities. In reality, what a trustee is required to do often depends on the nature of the trust...

Most Nigerians die without a will. For their families, the first discovery is often that the bank accounts are frozen, the rent on the family property cannot be collected, and no one has the legal authority to deal with any of it.

Setting up a trust fund is one of many options for transferring money, property, and other assets to family members or charity causes.