Business
The Legal Architecture of Free Trade Zones in Nigeria
Tax Incentives, Regulatory Exclusivity, And Operational Boundaries – By Ahmad Eleburuike Introduction Free Trade Zones (FTZs) in Nigeria, also known as Special Economic Zones (SEZs), operate as distinct sub-jurisdictions within the country. Established primarily under…
A Critical Analysis of the Doctrine of Pre Action Notice and Its Effect on Fundamental Rights Actions in Nigeria
Introduction The doctrine of pre‑action notice is well established within the Nigerian judicial system. However, the rationale behind its emergence and continued acceptance requires careful scrutiny to ensure that it serves its intended purpose without…
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...