Key Considerations for Foreign Investment in Nigeria
Nigeria remains one of Africa's most attractive investment destinations, offering opportunities across various sectors including oil & gas, telecommunications, agriculture, and manufacturing. Understanding the regulatory framework is essential for successful market entry.
Strategic planning and proper legal structuring are essential for foreign investors seeking to maximize returns in Nigeria's dynamic market.
Regulatory Framework
Foreign investors must navigate regulations from the Nigerian Investment Promotion Commission (NIPC), Central Bank of Nigeria (CBN), and sector-specific regulators. The NIPC Act provides incentives including pioneer status, tax holidays, and capital importation certificates.
Investment Protection
Nigeria has signed bilateral investment treaties with several countries and is a member of the Multilateral Investment Guarantee Agency (MIGA). These provide protection against expropriation and ensure fair treatment of foreign investments.
Author
Adaobi Okorie
Senior Partner
Senior Partner specializing in Corporate Law and Commercial Transactions with over 15 years of experience advising businesses across Nigeria.
