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Pre-construction approvals and building permit in Lagos State

Due to high number of cases of building collapse in Lagos State, the Lagos State Government passed into law, the Lagos State Urban and Regional Planning and Development Law 2010 (“Planning Law”), the law established 3 (three) physical planning and […]

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An overview of the Nigeria Visa Policy (NVP) 2020

The Federal Government of Nigeria through the Nigerian Immigration Service (NIS) on 4 February 2020 launched the Nigeria Visa Policy 2020 (NVP 2020). The NVP 2020 is necessary to spur the Economic Recovery and Growth Plan (2017-2020) to improve Foreign […]

by FSAdmin

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ENFORCEMENT OF SHIP MORTGAGE UNDER NIGERIAN LAW

Mortgaging a ship is a form of security wherein a ship owner (“Mortgagor”) gives to the lender (“Mortgagor”) an interest in a ship as a security for loan either by way of creating a statutory mortgage or a equity mortgage. […]

by FSAdmin

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VISA REQUIREMENTS FOR NEWBORNS IN NIGERIA

Over 23% of pregnant Nigerian women insist on giving birth to their children abroad. Be it for show off or access to better medical service or dual citizenship for the child, the number of Nigerians travelling abroad for child birth […]

by FSAdmin

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Citizenship by Investment: Insurance for the Ultra Wealthy In Nigeria

CITIZENSHIP BY INVESTMENT IN MOLDOVA The Moldova Citizen by Investment (MCBI) program requires applicants to make a defined economic contribution to Moldova through the Public Investment Fund. Applicants and their families will be granted citizenship in exchange having gone through […]

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CITIZENSHIP BY INVESTMENT: INSURANCE FOR HIGH NET WORTH INDIVIDUALS IN NIGERIA

INTRODUCTION From artworks to property to super yachts, something sets the ultra-wealthy apart; the need to continually amass trophies. Undoubtedly, obtaining another citizenship is the recent trophy for the ultra-wealthy. Asides from the boost of status and increased global mobility […]

by FSAdmin

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ENFORCEMENT OF FOREIGN JUDGMENT UNDER THE NIGERIAN LAW ; A REALITY OR A MYTH?

INTRODUCTION There is a general proposition that the powers of the courts are limited by their territorial boundaries (i.e. territorial jurisdiction). Thus, a judgment delivered by the court of one jurisdiction should ordinarily have no force or effect beyond its […]

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NIGERIA IMMIGRATION SERVICE SET TO EXTEND PASSPORT VALIDITY FOR ADULTS

Background The Nigeria Immigration Service (NIS) through the Comptroller-General of NIS, Mr Mohammed Babandede has recently announced plans to increase the validity of passports issued to adults from five (5) to ten (10) years. Passport validity of children will not […]

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CENTRAL BANK OF NIGERIA ISSUES DRAFT CYBERSECURITY GUIDELINE FOR DEPOSIT MONEY BANKS (DMB) AND PAYMENT SERVICE PROVIDER (PSP)

BACKGROUND The Central Bank of Nigeria (CBN) recently published a draft guideline on cybersecurity for Deposit Money Banks (DMB’S) and Payment Service Providers (PSP’s). The guideline is borne out of the persistent and increasing cyber-attacks on financial institutions and platforms […]

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President of Nigeria Signs Executive Order 6 of 2018 on the Preservation of Assets Connected With Serious Corruption and Other Relevant Offences

BACKGROUND The Nigeria President, Muhammadu Buhari on 5 th July 2018 signed the Executive Order 6 of 2018 (EO6) on the preservation of suspicious asset recovered from corrupt officials. This is part of the anti-graft drive by the Federal Government […]

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