Business, Entrepreneurs

Corporate Restructuring in Nigeria - What To Do & How to Do It Right

Corporate Restructuring in Nigeria: When to Do It, Why It Matters, and How to Do It Right

The legal process for restructuring is the most significant for a Nigerian company, and arguably, one that is the most often initiated incorrectly. Those who get restructuring right treat it as a thoughtful, planned process – one with clear commercial objectives and the benefit of legal advice that understands both the relevant legal and regulatory framework, and the desired business outcome. Those who get it wrong approach restructuring reactively: when time-critical, after a term sheet is signed or in the midst of a shareholder dispute that is already causing damage to the relationships the restructuring is intended to resolve. Below are the five typical triggers that can give rise to a restructuring in Nigeria: what options are available and what mistakes are the costliest when dealing with them. Please note that all references to stamp duties and other related fiscal levies apply in accordance with the Nigeria Tax Act (NTA) 2025, effective January 1, 2026.

What Nigerian Employers & Employees Should Know About the Law

What Every Nigerian Employers & Employees Should Know About Employment Law

On 1st May, Nigeria joined over 160 countries in celebrating International Workers’ Day, a public holiday that offers not just celebration, but a time for reflection. It is also a reminder of how wide the gap is between Nigerian labour law as written and the realities in many Nigerian workplaces. – This gap is not merely academic, but has real commercial consequences. For businesses that are unaware they are being targeted for unfair dismissal claims, for employees whose rights are not known, and for employers who think a one-page offer letter is sufficient for an employment contract, this article examines both sides of the employment relationship, because Workers’ Day is not about one without the other.

Five Important Contract Clauses Every Nigerian Business Should Audit Now

Five Important Contract Clauses Every Nigerian Business Should Audit Now

Most Nigerian business owners know their contracts need attention. Yet, only a few have read them recently. There is a gap between what a contract actually says and what a business truly needs. In terms of scale, risk exposure, and commercial relationships, it grows wider every year the document is left unreviewed. This article examines five clauses that we consistently find in Nigerian business contracts. Each of them has real commercial consequences if it fails. All of them are fixable if the problem is identified before the dispute, the loss, or the failed deal.

IP and the Nigerian Creative Economy - Why Founders Are Leaving Money On The Table

IP and the Nigerian Creative Economy: Why Founders Are Leaving Money On The Table

Film, music, fashion, digital content, gaming, and design, as well as the technology platforms that distribute and monetise creative work, are among Nigeria’s fastest-growing sectors and among its top exports to the world. Nollywood is the second-largest film industry in the world by volume with the industry projected to surpass ₦20 billion in gross box office revenue by the end of 2026. The Nigerian music industry is attracting international commercial interest in a way that seemed impossible a decade ago. Nigerian fashion, design, and digital content are gaining commercial sophistication.

CBN Fintech Licensing 2026 - It's The Nigerian Founder Who Keeps Confusing The World With Their 3-Licenses

CBN Fintech Licensing 2026 – It’s The Nigerian Founder Who Keeps Confusing The World With Their 3-Licenses

Most FinTech founders are aware they need a Central Bank of Nigeria license. But very few know which one to apply for – and the difference between applying for the wrong license and the right one is huge. A rejected application, wasted time, and regulatory exposure – and sometimes even a breach of existing commitments to clients and investors – are all examples of wasted time and regulatory exposure.

And in 2026, the revised payments framework makes the distinctions between license categories easier to understand and the consequences of operating in the wrong category more severe. Here are the three most commonly confused license categories for Nigerian FinTechs and the key questions to ask when choosing one.

Goldsmiths Solicitors – Legal Recap for the Year 2025

2025 was a very exciting year and saw significant changes in Nigeria’s legal and regulatory landscape. Series of laws were enacted by the National Assembly and regulatory guidelines were also issued by regulators including the Central Bank of Nigeria, Federal Competition and Consumer Protection Commission, the Nigerian Communications Commission, etc. There were also some important judicial decisions from the courts in Nigeria which shaped the legal and regulatory space in the country. This recap is divided into four parts representing the four quarters of the year, highlighting what we think are the most impactful laws and regulations, reforms, and judicial decisions in 2025.

Contracting in the Digital Finance Ecosystem: How to Manage Legal Risks in Nigerian FinTech Partnerships

The emergence and continued growth of Financial Technology (FinTech) companies in the Nigerian financial services sector has redefined how financial services are delivered, with technology driven solutions that enable faster payments, lending and wealth management. These innovations often lead to complex collaborations between FinTech startups, traditional banks and third-party service providers. These partnerships may inevitably expose the parties to legal and regulatory risks if not properly managed.