International Investment and Divestment

We have guided and represented major foreign clients in the manufacturing, investment, energy, technology, and service sectors, as they establish business in Nigeria either in partnership with Nigerians or through companies wholly owned by non-Nigerians. We help our clients navigate all the regulatory requirements for running a business in Nigeria, as well as the practical business necessities.

We are currently listed as international correspondent firm for two leading international firms and regularly carry out referral work on their behalf. We have also been involved in advising foreign direct investors in the course of ongoing privatization exercises.

Our Leading Services

  • business permits
  • expatriate quota allocations
  • certificates of capital importation
  • confirmation of capital inflow
  • pioneer status
  • approval of exemption from incorporation
  • negotiation and execution of joint venture agreements with Nigerian parties
  • preparation of pre-incorporation contracts
  • formation and structuring of corporate entities
  • shareholders agreements
  • asset sales
  • transfer of shares held by foreign or local entities
  • technical and service contracts
  • privatization

Some Instances Of How We Have Helped Our Clients

  • We represented a German power company in its acquisition of a majority stake in a Nigerian entity for the purpose of participating in a power project.
  • We acted as local counsel to two different groups involved in the establishment of a four-star hotel in Port Harcourt and a first-rate secondary school.
  • We represented a leading commercial bank in the recovery of a non-performing trade finance debt of approximately $25 million, granted by a foreign bank to a local oil service company for the purchase of a vessel to service a contract with a major oil company.