At Brooks Partners, we don’t just interpret the law; we shape conversations that influence business, technology, policy, and innovation in Africa. Our Insights Hub features expert commentary, legal analysis, thought leadership, and real-world case studies to help organisations make informed decisions.
AfCFTA offers Nigerian businesses significant opportunities to expand into African markets, but preferential tariff benefits are not automatic. Businesses must satisfy the applicable Rules of Origin, comply with Nigerian export requirements, and provide evidence that their products qualify. This article outlines the key compliance requirements and provides a practical roadmap for Nigerian businesses seeking to trade across Africa under AfCFTA.
Nigeria’s development needs require more capital than public finances can provide alone. The Nigeria Sovereign Investment Authority (NSIA) is increasingly bridging this gap through strategic investments, innovative financing and global partnerships.
Nigeria’s oil and gas industry is entering a significant period of transformation, driven by regulatory reforms, increased indigenous participation and a renewed focus on natural gas. For investors and industry players, understanding these shifts is critical to identifying where opportunities are emerging across the country’s evolving energy value chain.
On August 6, 2026, President Bola Ahmed Tinubu signed the Deep Offshore Oil and Gas Projects Incentives (Tax Remission) Order, 2026 (the “Order”). Following the recommendation of the Minister for Finance and in accordance with the Petroleum Industry Act, 2021 (“PIA”) and the Nigeria Tax Administration Act, 2025 (“NTAA”), the Order was published in the official government gazette on August 10, 2026. It introduces a new fiscal framework aimed at encouraging investment in Nigeria’s deep offshore oil and gas sector and revitalizing capital-heavy projects that have faced commercial difficulties or delays.
Nigeria's ports are critical gateways for the country's participation in international trade. For businesses importing goods into or exporting goods from Nigeria, however, moving cargo successfully involves far more than arranging a shipment and engaging a freight forwarder.
Maritime infrastructure is increasingly recognized as one of the most important enablers of economic growth, regional integration and global competitiveness. For Nigeria, the largest economy and consumer market in Africa, the efficiency of its ports, terminals, logistics parks and multimodal transport networks will play a defining role in shaping the country’s future as a regional hub for trade and investment.
The regulation of digital consumer lending in Nigeria has entered a new phase. The issuance of the Digital, Electronic, Online or Non-Traditional Consumer Lending Regulations, 2025 ("DEON Regulations") by the Federal Competition and Consumer Protection Commission ("FCCPC"), together with the recent decision of the Federal High Court in *Wireless Application Service Providers Association of Nigeria v. Federal Competition and Consumer Protection Commission*, has reinforced the regulatory framework governing digital consumer lending and provided greater legal certainty regarding the FCCPC’s authority to regulate this rapidly evolving sector.
Lately, Nigeria’s financial services industry has witnessed a significant wave of recapitalisation. Across the banking, insurance and broader financial services sectors, institutions are responding to heightened regulatory capital requirements, evolving prudential standards and increasing competitive pressures by strengthening their capital base and reassessing their strategic direction.
While the payment of taxes is an essential legal obligation, disputes over tax liabilities are not interpretations of tax legislation, disagreements over the application of tax incentives, valuation of transactions, transfer pricing arrangements, the deductibility of business expenses, value added tax (“VAT”) obligations, withholding tax (“WHT”) compliance, and the allocation of taxing powers between federal and state authorities.
With proven natural gas reserves estimated at 215.19 trillion cubic feet (TCF) as of January 2026 and significant upside from ongoing exploration activities, Nigeria possesses the largest proven gas reserves in Africa and ranks among the top gas-endowed nations globally .
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