There are various levels of legal protection for foreign investors.

Under common law, carriers were liable for loss or damage to goods in their custody notwithstanding the absence of fault on their part.

John N. Bellows wrote in 1842 that lenders have just as much of an interest to sell to consumers as consumers have in purchasing on credit.

In the course of business, it is inevitable that disputes will arise occasionally among business associates.

The deregulation of the telecommunications sector in 2001 led to the issuance of telecom licenses to major telecom providers.

The recent drop in global crude oil price and the persistent efforts of the Federal Government of Nigeria to diversify her economy and move away from overreliance on the oil and gas sector have made Nigeria a fertile ground for investments.

Nigeria is a regional hegemony.

Like in other commonwealth countries, the power of sale in Nigeria is exercised either by a court order or a power of sale clause under a Mortgage Deed.

The importance of traditional debt collection methods by the Courts cannot be underrated.

There have been numerous reports of arrest and prosecution of debtors for failure to settle their debts.

The ever increasing rate of unemployment with its adverse effect on the Nigerian economy has been a perennial problem for successive Governments.

In recent years, Nigeria's economic outlook has been shaken by a number of events most particularly, the fall in crude oil prices which led the country to fall into recession in the second quarter of 2016.

Under Nigerian Copyright Act, original literary, musical and artistic works, cinematography films, sound recordings and broadcast are eligible for copyright.

It is without doubt that in-house collection offers some advantages because it can move swiftly to recover small debts.

Other than restricted enterprises, there are no other applicable restrictions on acquisitions by foreign entities in Nigeria.

It is without doubt that apart from regular business and environment related problems, entrepreneurs have to grapple with the security challenges in Nigeria.

Islamic finance refers to a profit and loss sharing economic policy based on Islamic commercial jurisprudence promoting ethical and social responsibility.

Unlike commercial litigation where litigants spend many years in court for their dispute to be resolved, an arbitration proceeding is fast and flexible.

Intellectual property rights are protected under statute and judicial decisions.

The crash in crude oil prices and fall in crude oil production due to the sabotage of oil terminals in the Niger Delta, among other factors led to Nigeria's fall into economic recession in the second quarter of 2016.