Nigeria’s Import Duty Cuts for SMEs: Trade Reform or Temporary Relief?
Nigeria’s 2026 Fiscal Policy Measures, effective 1 April 2026, introduce tariff changes aimed at moderating inflation and reducing business costs.
The Myth of “Next of Kin”: Why It Does Not Confer Ownership Rights in Nigeria
Many Nigerians designate a “next of kin” believing that this person will automatically inherit their assets. That belief is one of the most widespread and most consequential misconceptions in estate planning.
Beyond the Signature: Supreme Court Expands the Reach of Arbitration Clauses
Recently, the Supreme Court of Nigeria delivered a landmark decision in Emerging Markets Telecommunications Services Ltd (EMTS) v. Afdin Ventures Limited & 6 Ors, clarifying two important points for commercial arbitration in Nigeria.
CBN Tightens BVN Framework: Implications for Financial Institutions, Customers and Digital Banking Risk
The Central Bank of Nigeria (CBN) has issued revised rules governing the operation and use of the Bank Verification Number (BVN), with implementation set for 1 May 2026.
₦7.5 Billion Question: SEC Opens The Capital Market to Free Trade Zone Entities
In April 2026, the Securities and Exchange Commission (SEC) issued proposed rules governing the participation of Free Trade Zone Entities (FTZEs) in Nigeria’s capital markets.
Nigeria’s 2026 Fiscal Policy Measures: What the New Import Restrictions Mean for Trade and Supply Chains
With effect from 1 April 2026, the Federal Government of Nigeria has implemented revised import restrictions under the 2026 Fiscal Policy Measures and Tariff Amendments.
Air Peace, UBA and the FCCPC: Rethinking Early Litigation Strategy
In a pair of decisions delivered on 20 and 22 April 2026, the Federal High Court in Abuja dismissed suits filed by Air Peace Limited and United Bank for Africa Plc, each challenging the investigative powers of the Federal Competition and Consumer Protection Commission (FCCPC).
ExxonMobil’s $24 Billion Deepwater Push: What It Means for Energy Transactions and Project Finance in Nigeria
On 9 April 2026, ExxonMobil’s Senior Vice President for Deepwater, Hunter Farris, met with the Nigerian Upstream Petroleum Regulatory Commission (NUPRC) in Abuja to outline the company’s planned reinvestment in Nigeria’s deepwater oil sector.
Mandatory E-Invoicing & Electronic Fiscal System (EFS): What the New Regime Means for Taxpayers, Tax Administration and Compliance Risk
On 17 February 2026, the Nigeria Revenue Service (NRS) announced the phased rollout of the E-Invoicing & Electronic Fiscal System (EFS)—a nationwide digital reporting framework requiring taxpayers to issue and transmit transaction data electronically through an integrated platform.
Cost and Climate: Managing Risk, Contracts and Compliance in Nigeria’s Agribusiness Sector
As Nigeria’s agricultural sector moves through 2026, two issues continue to shape performance across the value chain: rising production costs and increasing weather uncertainty.
