China's elimination of tariffs on Nigerian imports presents unprecedented market access to 1.4 billion consumers, but Nigerian exporters face critical intellectual property vulnerabilities...

The second quarter of 2026 witnessed significant geopolitical tensions in the Middle East that disrupted global oil supply routes and triggered volatility in international crude prices. These developments had direct impacts on Nigeria's downstream petroleum market, with Dangote Petroleum Refinery making multiple price adjustments throughout the period as Brent prices fluctuated.

The Corporate Commercial Practice Group at OAL recently hosted a thought-provoking webinar titled "Investing in the African Market: Opportunities under the AfCFTA" on January 31st, 2024.

Join us as we explore the African Continental Free Trade Area Agreement (AfCFTA) at our webinar "Investing in the African Market: Opportunities under the AfCFTA".

Nigeria's 2026 Fiscal Policy Measures introduce sweeping import restrictions on Fast-Moving Consumer Goods from non-ECOWAS countries, fundamentally reshaping supply chains across food, household care...

AfCFTA is designed to be a legal instrument which would foster economic integration by creating a single market for goods and services, vide progressive elimination of tariff barriers (TBs)

The IMF has warned of an possible global trade war unless there is a global consensus to adopt global rules under the OECD Inclusive Framework for the taxation of multinational companies.

The federal government of Nigeria has ratified Nigeria's membership of #AfCFTA. Find out the potential impact this will have on businesses

Africa is rising and so is the interest of investors who are looking for business opportunities on the continent.

What role will the Africa Continental Free Trade Area agreement play in delivering Africa's Agenda 2063 - "The Africa We Want"? What role will the Africa Continental Free Trade Area agreement play in delivering Africa's Agenda 2063 - "The Africa We Want"?

The Federal Ministry of Finance recently issued an addendum to the 2017 Revised Import Guidelines, Procedures and Documentation Requirements under the Destination Inspection Scheme to clarify certain provisions of the Guidelines and improve ease of cross-border trade.

Nigeria has ratified the Trade Facilitation Agreement (TFA), becoming the 107th country to sign up to the agreement.

The Federal Government of Nigeria (FGN) has indicated its intent to sign the agreement establishing the African Continental Free Trade Area (AfCFTA) at the 12th Extraordinary Summit of the African Union

The Nigerian Investment Promotion Commission (NIPC) was established to coordinate and promote investments in Nigeria.

The Nigerian Law Reform Commission has proposed various amendments to the Foreign Exchange (Monitoring and Miscellaneous Provisions) Act.

Based on the revenue potential from customs and excise, it comes as no surprise that the current administration is urgently pressing for reforms in this space.

The Nigeria Maritime Space has witnessed tremendous growth over the last year. The Ministry of Marine and Blue Economy, i.e. the ministry in charge of maritime in Nigeria, has set out goals which it intends to achieve...

Letters of credit remain one of the most successful instruments for managing payment risk in international trade, offering dual security to both buyers and sellers through bank-mediated documentary compliance.

Nigeria has marked a significant milestone with its first shipment under the African Continental Free Trade Area (AfCFTA) to Kenya. AfCFTA, with 54 signatory countries, aims to boost intra-African trade...

Nigeria's parliament has opposed the government's ban on vehicle imports through land borders and has asked the government to undo the ban.