Business
Pre Transaction Due Diligence in Mergers and Acquisition
Mergers and Acquisitions (M&A) refer to a range of corporate restructuring transactions through which companies combine, consolidate, or transfer ownership and control of business operations or assets. A merger typically involves the fusion of two…
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,…
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…
Tax Audit Triggers and How Businesses Can Stay Prepared
In Nigeria, tax compliance is a statutory obligation for every business. The Federal Inland Revenue Service (FIRS) and relevant State Internal Revenue Services (SIRS) are empowered to examine the tax records of companies to verify…
Legal Insights on Nigeria’s New Expatriate Administration System and Visa Policy 2025
Introduction In 2025, Nigeria introduced reforms to its immigration, visa, and expatriate permit regime through the launch of the Expatriate Administration System (EAS). These reforms were designed to modernise the regulatory framework, improve transparency, and…
Taxing IP in Nigeria: Capital Gains, Royalty Transparency and the NTA 2025
Intellectual property (IP) is one of the most valuable assets for businesses in technology, entertainment, pharmaceuticals, and creative industries. However, owning or exploiting IP comes with tax obligations. The recent Nigeria Tax Act (NTA) 2025…
Judicial Resistance To The Criminalisation Of Commercial Transactions
INSIGHTS FROM THEOPHILUS KURE V. COMMISSIONER OF POLICE (2020) 9 NWLR (PT. 1729) 296 SC BY: Ahmad Eleburuike (Managing Partner) Uzoma Winner Akuneto, Esq. (Associate) ABSTRACT The Supreme Court of Nigeria’s 2020 decision in Kure…
Setting up a State Electricity Market: Legal and Institutional Frameworks for States
Introduction The electricity sector in Nigeria is undergoing a pivotal transformation. With the enactment of the Electricity Act, 2023, Nigerian states are now empowered to independently regulate electricity generation, transmission, and distribution within their geographical...
Key Principles and Procedures of Enforcement of Arbitral Awards in Nigeria
Arbitral awards are the final and binding decisions made by an arbitral tribunal at the conclusion of arbitration proceedings. They are akin to court judgments and determine the rights and obligations of the parties with...
The Nigerian Tax Reform Acts: What Businesses and Individuals Need to Know
Introduction Nigeria recently enacted four landmark tax reform laws which are the Nigerian Tax Act (NTA), Nigerian Tax Administration Act (NTAA), Nigerian Revenue Service Act (NRSA), and Joint Revenue Board Act (JRBA) collectively known as…