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Latest Insights
NNPC Limited – Conflict of Interest Considerations
April 2, 2025On April 2, 2025, the President of the Federal Republic of Nigeria exercised his powers under Section 59(2) of the Petroleum Industry Act (PIA) 2021 to appoint Mr. Bayo Ojulari, as the new Group Chief Executive Officer (GCEO) of Nigerian...
The FCCPC: A Review of the Scope of its Investigation Powers
April 2, 2025The FCCPC can request confidential or proprietary information and trade secrets.
Series A Financing – What to Expect
April 1, 2025In this update, we highlight some key Series A considerations for founders looking to raise a Series A financing
The Nigeria Tax Bill – Revisiting the New Rent Relief Allowance
April 1, 2025It would appear that landlords and dependent adults will no longer be entitled to income tax reliefs under the Nigeria Tax Bill.
Material Adverse Change (MAC) Clause Dispute in Nigeria
February 21, 2025The investor sought to invoke the Material Adverse Change clause to withdraw from the deal, but the seller disputed the claim
Institutional Limited Partners Association New Reporting Standards
February 14, 2025Following extensive industry consultation, the Institutional Limited Partners Association ("ILPA") has now released an updated Reporting Template and a new Performance Template
Celebrity Endorsement Deals in Nigeria for Global Brands
February 14, 2025A major foreign brand looking to enter the Nigerian market sought to partner with an A-list Nigerian celebrity for a celebrity endorsement deal
Term Sheets in Nigeria – Venture Capital
January 27, 2025Upon reviewing the Term Sheet, our legal team identified several unfavourable provisions that could jeopardise the company’s valuation
Public Private Partnerships in Nigeria
January 27, 2025Promoters faced a tight deadline to prepare and submit their bid, necessitating rapid yet thorough legal and technical reviews