Legal News & Resources
Starting a Private Fund in Nigeria
Private funds, also called private investment funds, are a type of pooled investment vehicle (PIV) run by professional fund managers. Examples of private funds include hedge funds, private equity funds, real estate funds, and venture capital funds. Each type of...
Taxation: Recent Key Developments in Nigeria
We discuss some of the key updates in Tax laws in Nigeria as follows. Withholding Tax Regulations Of 2024 On 2 October 2024, the official gazette of the Deduction of Tax at Source (Withholding) Regulations 2024 (Regulations), issued by The Minister of Finance, was...
A Shareholder’s Agreement – What it is and why it is needed.
A shareholder’s agreement, also called a stockholders’ agreement, is an arrangement among shareholders that describes how a company will be operated and outlines shareholders’ rights and obligations. The agreement also includes information on the management of the...
Jurisdictions with no Property Tax
Property tax is usually an ad valorem tax imposed on immovable property like land and buildings. It could also include taxes on movable property, like vehicles and equipment. Property tax is usually calculated using the value of the property and a predetermined tax...
THE JURISDICTION(S) OF CHOICE FOR PRIVATE INVESTMENT FUNDS
Venture Capitalists turn to private investment funds in search of investment returns that are greater than public market investments like stocks and bonds. Private Investment Funds (PIFs) have the potential to generate higher returns compared to public market...
E-RESIDENCY: A NEW OPPORTUNITY IN GLOBAL ENTREPRENEURSHIP
E-residency has paved the way for innovative solutions that challenge traditional notions of entrepreneurship. E-residency stands out as a transformative initiative that is reshaping the global business landscape. This digital identity allows individuals to start and...
Innovating Finance With AI: The Future Of Company Valuations
Artificial Intelligence (AI) has become a transformative force in the business world, significantly impacting company valuations across various industries. As businesses increasingly integrate AI technologies into their operations, the effects on valuation are nuanced...
Renewable Energy In Nigeria: Investment And Sustainability
Nigeria’s shift towards renewable energy aligns with global sustainability trends and domestic needs. This expanded analysis explores the complexities of Nigeria’s legal framework for renewable energy projects, underscoring both the opportunities for growth and the...
Nigeria’s Gas Sector: The Landscape and Regulation
Nigeria, recognized for its strategic geographical position and large population boasts significant natural gas reserves, ranking among the top in the world, estimated to be around 208.62 trillion cubic as of 2022, ranking 9th in the world and accounting for about 3%...