Mergers and Acquisitions (“M&A”) are a veritable source of business combinations in any thriving economy. They are arguably the most famous external corporate restructuring tools employed by companies globally to achieve growth and maximize profitability. Naturally, therefore, with a new...

In an ambitious move for the recapitalization of the insurance industry in Nigeria, the National Insurance Commission ("NAICOM") had in 2019 reviewed and increased the minimum paid-up share capital requirement for all classes of insurers doing business in Nigeria (except Takaful operators and...

The amendment and replacement of the Banks and Other Financial Institutions Act (BOFIA) 2004 had long been touted to be the next major milestone in the country’s ambitious drive towards creating an enabling business environment in the country and improving the Nigerian investment climate. The...

The Mareva and Anton Piller injunctions have been repeatedly criticized as constituting flagrant disregard for the rights of defendants because the orders are often granted at the pre-trial stage in ex parte hearings, without the defendants having the opportunity to defend themselves before some...

The signing into law of the Companies and Allied Matters Act (CAMA) 2020 is indeed a vital piece of good news and a ray of hope for many in Nigeria and beyond, especially in the business world. The now-repealed Companies and Allied Matters Act (CAMA) 1990 which had been in operation for thirty...

A fundamental fact of private equity (PE) is that it has a definite time horizon, usually 5 to 10 years, within which the investment is expected to reach its maturity and return profits to the investors. The key ambitions are exit and profit. So, PE investors aim to avoid locking themselves into...