BUSINESS-TO-BUSINESS

Foreign Direct Investment in Nigeria: Strengthening the Legal and Regulatory Ecosystem for Investor Confidence

Nigeria has established a relatively liberal legal framework for foreign direct investment. Yet investor confidence remains affected by regulatory fragmentation, policy uncertainty, foreign exchange constraints, administrative inefficiencies, infrastructure deficits, and delays in dispute resolution. This article examines Nigeria’s legal and institutional investment framework, recent reforms, persistent challenges, and practical measures for strengthening regulatory coordination, implementation, and long-term investor confidence.

Digitalizing Tax in Nigeria: Understanding the National E-Invoicing Mandate for Major Corporations

O.M D'Law

EFFECTIVE FROM 1ST AUGUST 2025, THE PILOT PHASE OF THE NATIONAL E-INVOICING INITIATIVE SHALL CONCLUDE. THEREAFTER, ALL LARGE TAXPAYERS DEFINED AS ENTITIES WITH AN ANNUAL TURNOVER OF ₦5 BILLION OR ABOVE SHALL BE MANDATORILY REQUIRED TO REGISTER FOR AND INTEGRATE THEIR INVOICING SYSTEMS WITH THE FEDERAL INLAND REVENUE SERVICE (FIRS) E-INVOICING PLATFORM.

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