Nigeria: Government Policy & Public Finance

Festus Onyia, Mesuabari Mene-Josiah, Titilola Olatunde-Fasogbon, and Michael Ugah from Udo Udoma & Belo-Osagie's Dispute Resolution team examine Nigeria's National Policy on Arbitration and Alternative Dispute Resolution (ADR), 2024 in the 2026 edition of The Middle Eastern and African Arbitration Review. The publication explores how this ambitious policy aims to strengthen institutional capacity, enhance governmental participation in arbitration, and position Nigeria as Africa's leading arbitration hub.

Nigeria faces a mounting crisis as digital asset fraud schemes have defrauded citizens of nearly ₦911 billion between 2000 and 2023, with recent collapses like CBEX affecting hundreds of thousands of victims. As cryptocurrency transactions shift from formal banking channels to peer-to-peer networks, Nigerian regulators struggle to balance innovation with investor protection in an increasingly complex digital financial landscape.

Nigeria's Blue Economy holds the potential to generate over ₦3 trillion annually through strategic development of its 853-kilometer coastline, vast inland waterways, and maritime resources.

Public sector governance is aimed at ensuring that Public Sector Entities (PSEs) not only fulfill their mandates and achieve their intended outcomes but also operate...

On February 14, 2023, the Business Facilitation Act ("BFA") was passed into law in Nigeria. The stated objective of the Act is to promote the ease of doing business in Nigeria...

The Nigeria Immigration Service (NIS) through the Comptroller-General of NIS, Mr Mohammed Babandede has recently announced plans to increase the validity of passports issued to adults from five (5) to ten (10) years.