Archive for February, 2026
Joint Venture Agreements in Nigeria and its Legal Framework
Introduction A Joint Venture Agreement (JVA) is a strategic legal instrument through which two or more parties collaborate to undertake a specific business project, share risks and rewards, and pool resources such as capital, expertise,…
Taxing Worldwide Profits under the Nigeria Tax Act 2025: An Analysis of Section 6
Section 6 of the Nigeria Tax Act 2025 establishes a comprehensive framework for the taxation of worldwide profits attributable to Nigerian companies and Nigerian-controlled corporate structures. Subsection (1) provides the foundation for this by deeming…
Directors’ Liability Under Nigerian Law: When the Corporate Veil Will Not Protect You
Introduction Under Nigerian company law, a company is recognised as a separate legal entity distinct from its shareholders, directors, and officers. This foundational principle, famously established in Salomon v. Salomon & Co. Ltd (1897) AC…