Legal Issues in Cross-Border Transactions: Trade Agreements, Regulations & Dispute Resolution
Businesses are constantly growing outside of their national borders to take advantage of new markets, resources, and possibilities in a world that is becoming more and more linked. But along with this growth comes a complicated network of international rules and...
The Impact of Performance Bonds in Project Finance Contract Disputes in Nigeria | Project Finance in Nigeria
A performance bond is a financial guarantee provided by a surety (usually a bank or an insurance company) on behalf of the contractor to the project developer. It is the final bond written when a contractor is awarded a project and the bond guarantees nearly every...
The Impact of Windfall Tax on Foreign Investment in Nigeria’s Banking Sector
With the introduction of the Finance (Amendment) Bill, 2024, the Nigerian government seeks to impose and charge banks in Nigeria with a one-time windfall tax.[i] The Bill aims to finance capital infrastructure development, education, and healthcare access among other...
Navigating Equity Distribution Legalities in Nigerian Startups Ecosystem
The Nigerian startup ecosystem has experienced significant growth in recent years, driven by youth, increased internet usage, and a lively entrepreneurial culture[i]. The proportional distribution of shares between the owners, investors, as well as employees emerges...