Nigeria: Contracts and Commercial Law

Commercial agreements often contain broadly drafted intellectual property clauses that can inadvertently transfer ownership of proprietary tools, systems...

Nigeria's data protection landscape has fundamentally shifted with the enactment of the Nigeria Data Protection Act 2023 and the General Application and Implementation Directive 2025. This article examines the legal architecture governing cross-border data transfers, identifies critical compliance obligations for international technology transactions, and demonstrates how well-structured data compliance can serve as a competitive advantage in one of Africa's most dynamic digital markets.

A viral football wager involving a Mercedes-Benz between Nigerian content creators has ignited a crucial conversation about contract law fundamentals. When does a casual promise transform into a legally enforceable obligation...

The Arbitration and Mediation Act 2023 establishes a carefully balanced framework for challenging arbitral awards in Nigeria, providing exhaustive statutory grounds while preserving the finality principle central to arbitration. This analysis examines the six specific grounds upon which courts may set aside awards, the strict three-month limitation period for applications, and the innovative procedural mechanism allowing tribunals to cure defects before judicial annulment.

Many people assume that once a court delivers judgment in their favour, the dispute is over and payment or compliance will automatically follow. In reality, that is often not the case.

The globalization of the digital economy has made the international movement of data standard operating procedure for modern businesses.

The Securities and Exchange Commission has issued new guidance requiring collateral management companies, warehouse operators, and commodity exchange-linked warehouses to formally register within 90 days. Entities operating under informal arrangements must now meet specific capital requirements ranging from ₦200 million to ₦500 million and submit comprehensive documentation demonstrating operational capacity, governance structures, and financial standing.

Doing business in Nigeria has become more accessible thanks to rapid technological advancements. For foreign investors, safeguarding business interests is crucial to ensuring long-term success...

When borrowers default on loans in Nigeria's volatile credit market, lenders face a complex web of contractual rights, statutory provisions, and judicial precedents that govern security enforcement.