Understanding Investment Treaty Arbitration in Nigeria

Investment treaty arbitration in Nigeria involves the settlement of the claim of a foreign investor against Nigeria for alleged breaches of investor protections contained in a bilateral (concluded between two states) or multilateral (concluded amongst a group of states) investment treaty, pursuant to an arbitration agreement contained within the investor-state dispute settlement provisions of the…

An Appraisal of the SEC Proposed Rules on Crowdfunding and its impact on the Fintech Ecosystem in Nigeria | Olisa Agbakoba Legal

The Securities and Exchange Commission’s (SEC) proposed rules on Crowdfunding have elicited different reactions from stakeholders, it has rattled the cage of most businesses that leverage on the internet to access credit to finance their business, businesses that create an opportunity for other businesses to access credit on their platforms and operators of financial portals.…

Legal & Institutional Restructuring for the Next Nigeria | Olisa Agbakoba Legal

The call for the institutional and legal restructuring for the next Nigeria cannot have come at a better time. President Mohammadu Buhari’s 2019 Independence Day address to the nation may have created an enabling platform to encourage new discussions on how to transform Nigeria’s economy. The President’ssetting up of an Economic Advisory Council (EAC) is…

Bilateral Investment Treaties in Nigeria: A Case for Critical Review

Bilateral Investment Treaties (BITs) represent the means by which commercial interest between States and foreign investors are regulated and determined under international law. BITs can be subsumed under the category of treaties as identified under Article 2 (1) (a) of the Vienna Convention on the Law of Treaties (VCLT), considering that they are international agreements,…

The African Continental Free Trade Agreement (AfCFTA): Benefits of a Single African Market & Its Opportunities

The African Continental Free Trade Agreement was signed by President Muhammadu Buhari at the African Union Summit on Sunday, July 7, 2019.  At the summit, member countries agreed to launch the “operational phase” of the African Continental Free Trade Area (AfCFTA), and decided on common “rules of origin, the monitoring and elimination of non-tariff barriers…

Foreign Direct Investment In Nigeria – A Challenge To The Foreign Investor

By Bisi Akodu* The Nigerian Government has over the past twenty years liberalized its hitherto strict laws and regulations relating to foreign investment in Nigeria. Nigeria now offers foreign investors various incentives for the much needed capital investment required for the development of public sector infrastructure such as roads, power, water and transport as well…

Towards A Paradigm Shift From Portfolio Investment To Foreign Direct Investment

By Aderinsola Fagbure* Time Magazine January24th 2015 was of particular interest to me as it featured two different articles on the potential growth expectations of Private Equity (PE) investments in Africa. These publications succeeded in raising in my mind a recurrent image of Wall Street investment bankers running, briefcases in hand, into tropical, rich and…