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corporate and commercial law

Legally Informed Africa is a leading law blog and legal education platform powered by Northside Solicitors & Partners, a full-service corporate and commercial law firm headquartered in Lagos, Nigeria, with partner firms across Africa.

Our platform provides expert legal insights, business law updates, tax and regulatory guidance, and compliance resources for professionals, entrepreneurs, investors, and students. By simplifying complex legal frameworks and offering practical solutions, Legally Informed Africa helps readers stay informed about Nigerian law, African legal systems, cross-border transactions, and corporate governance.

With our strong regional network, we are committed to making legal knowledge in Africa more accessible, empowering businesses and individuals to thrive in today’s dynamic legal and economic environment.


Legally Informed Africa – Your trusted law blog for Nigerian law, African business regulations, tax updates & corporate governance insights.

Stay ahead with Legally Informed Africa: expert legal insights, business law updates & compliance resources across Nigeria and Africa.

Legally Informed Africa – Simplifying Nigerian law & African legal systems with expert guides on tax, corporate law & cross-border business.

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Nigeria: The New Tax Haven for Startups, Small Businesses and SMEs

In a bold move to reassert itself as Africa’s premier destination for innovation and economic growth, Nigeria has enacted the Nigerian Tax Act 2025 —a transformative piece of legislation that positions the country as a tax haven for startups, small businesses, and SMEs across the continent. With its vast market potential, vibrant tech ecosystem, and now an ultra-competitive tax regime, Nigeria is becoming increasingly attractive to entrepreneurs seeking stability, affordability, and scalability. Here's why this new law is a game-changer for African businesses. What is the Nigerian Tax Act 2025? The Nigerian Tax Act 2025 (NTA 2025) is a comprehensive legislative overhaul aimed at simplifying Nigeria’s tax system, improving compliance, and fostering an environment conducive to business growth. Signed into law in January 2025, the Act introduces major tax incentives targeted at micro, small, and medium-sized enterprises (MSMEs), tech startups, and foreign-owned businesses operating i...
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US$120million Unclaimed Dividend: Nigerian Investors Leaving Money on the Table

  A staggering US$120 million (#190 billion) in unclaimed dividends currently sits idle in Nigeria’s capital market, according to the Securities and Exchange Commission (SEC). This massive sum, equivalent to unredeemed earnings owed to shareholders, has become a persistent challenge for regulators, investors, and the broader financial ecosystem. What’s Behind the Accumulation? Several factors contribute to this looming issue: Out-of-date records and unclaimed shares due to shareholders relocating without updating contact or bank information. Legacy complications such as multiple subscriptions under fictitious or old names from past eras, especially during the indigenization period of the 1970s, where investments were made under aliases—drivers, gardeners, deceased relatives—to evade detection. Ongoing struggle with identity management and data integrity within systems like the electronic dividend (e-dividend) portal. Regulatory Response: SEC Takes Action The SEC is tackling the iss...
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Nigeria is transforming itself into the ultimate tax safe zone for SMEs, Small Businesses and Startups

If you’re running a small business in Africa and still paying high taxes, you might be in the wrong country . Quietly but boldly, Nigeria is transforming itself into the ultimate tax safe zone for small businesses and startups , offering unprecedented tax reliefs, digital filing systems, and investor incentives. At the heart of this transformation is the Nigerian Tax Act 2025 , a reform that has repositioned Nigeria as the most entrepreneur-friendly tax regime on the continent . This isn’t a hype piece. It’s a wake-up call. The Nigerian Tax Act 2025 – A Tax Revolution, Not Just a Reform The Nigerian Tax Act 2025 , enacted in January, introduces one of the most aggressive tax incentive programs in Africa. Whether you're an SME owner, startup founder, or angel investor, the Act is stacked in your favor: Key Provisions Include: 0% corporate income tax for newly registered startups for their first 3 years 10% flat tax for SMEs earning below ₦100 million annually 5-year tax holidays ...
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