Committal Proceedings for Contempt of Court in Nigeria
In Volume I, we explored the constitutional underpinnings of committal proceedings in Nigeria, revealing, perhaps unsurprisingly to the seasoned practitioner, the doctrinal tensions inherent in a mechanism often characterised as criminal in nature, yet paradoxically set in motion through civil procedures by private litigants. We further examined the ambiguity surrounding prosecutorial authority and the institutional […]
Deal Announcement
Tope Adebayo LP is proud to have advised Integrated Projects Limited on the development of a 1,500-bedspace student hostel project at Yaba College of Technology, structured under a DBFMOT public-private partnership framework. The project reflects the growing role of private capital and strategic partnerships in transforming educational infrastructure and improving the student living experience […]
Nigerian Corporate Transaction Regulation and Governance
Introduction Nigeria entered 2026 with stronger underlying momentum in its non-oil economy, but within a more structured and increasingly regulated business environment. Data Published by the National Bureau of Statistics shows real GDP growth of 4.07% in Q4 2025, with the non-oil sector contributing over 97% of total output. Agriculture remained the largest contributor at […]
Revenue of the Federation and Constitutional Jurisdiction: Reassessing the Supreme Court in A.G., Abia State & Ors. V. A.G., Federation
The term “revenue of the Federal Republic of Nigeria” (in précis, “revenue of the Federation”) encompasses all sums standing to the credit of all the federating units of the federation and liable to be paid into the Federation Account. Guided by the principle of the common good, the revenue of the Federation is held in […]
The Nigerian Overnight Financing Rate – A Turning Point for Nigerian Financial Markets
In a bid to align the Nigerian financial market with global standards and strengthen the efficiency of its financial market infrastructure, the Central Bank of Nigeria (CBN), in collaboration with the Financial Markets Dealers Association (FMDA), introduced a new benchmark reform known as the Nigerian Overnight Financing Rate (NOFR). At its core, the NOFR […]
The Presidential Executive Order to Safeguard Federation Oil and Gas Revenues and Provide Regulatory Clarity, 2026 – Commentary by Tope Adebayo, Senior Partner, Tope Adebayo LP
On February 13, 2026, the President of the Federal Republic of Nigeria signed Executive Order 9 of 2026 (“the Order”) pursuant to Section 5 of the Constitution of the Federal Republic of Nigeria 1999 (as amended) (“ the Constitution”). The order mandates direct remittances of all Royalty Oil, Tax Oil, Profit Oil, Profit Gas, and […]
Regulating Off-Plan Real Estate in Nigeria: Comparative Insights and Reform Options
Off-plan property acquisitions have become an increasingly popular feature in Nigeria’s real estate market. The commercial appeal is clear. Buyers commit to today’s price for properties yet to be constructed, often paying a significant portion, or sometimes the entire purchase price, upfront, in anticipation of delivery of a completed asset that will have appreciated by […]
Holding the Line: A Practical Guide to Contempt Proceedings in Nigerian Courts Vol.1
Introduction After years of protracted litigation, repeated adjournments, and considerable legal expense, a litigant finally obtains a favourable judgment, positive order, or ruling from a court of competent jurisdiction. The litigant holds the Certified True Copy (CTC) of the court’s decision, relieved that justice has been served – but then the Nigerian reality sets in. […]
How Much Debt is Too Much Debt? Leveraging in Finance
You have likely heard the saying, “the rich keep getting richer.” One of the reasons often attributed to this is their ability to access debt easily and use borrowed capital to expand their businesses and investments efficiently. In the world of finance, debt is not merely an obligation; it is a strategic business tool. When […]
The Deal Talk 2026
Nigeria’s regulatory landscape has shifted materially in 2025 and entered full implementation in January 2026. The new Tax Act, insurance reforms, banking recapitalisation, and its removal from the Financial Action Task Force (“FATF”) grey list represent the most significant restructuring of our financial framework in decades. For infrastructure and project finance, the implications are tangible. […]
