Navigating the Nigerian market as a foreign investor can be challenging, but understanding the legal framework is essential for success. The Nigerian Investment Promotion Commission (NIPC) Act of 1995 is the primary legislation governing foreign investment in Nigeria. The act is designed to encourage, promote, and coordinate investments in Nigeria.Foreign investors have two options when […]
Navigating commercial contracts can be a daunting task for Nigerian entrepreneurs. Commercial contracts are legally binding agreements between two or more parties that outline the terms and conditions of a business transaction. In Nigeria, commercial contracts are governed by various laws and regulations, including the Nigerian Contract Act, the Sale of Goods Act, and the […]
Navigating corporate governance is a crucial aspect of running a successful business in Nigeria. Corporate governance is the system by which companies are administered, directed, and controlled to ensure their long-term success. In Nigeria, corporate governance plays a crucial role in ensuring transparency, accountability, and ethical behavior within organizations. According to the Nigerian Code of […]