Category: Publications

A sports betting company seeking to operate online in Lagos would be required to obtain operational permit from the Lagos State Lottery and Gaming Authority (“LSLGA”). The process of obtaining the LSLGA’s sports betting permit entails the submission of the following requirements: i. Application letter …

The Lagos State Government has stepped up its game on the licensing and regulation of lottery and gaming activities within its territory following the recent Supreme Court’s decision in Attorney-General of Lagos v. Attorney-General of the Federation & Ors. (2025) 5 NWLR (Pt. 1984) 43, …

The Supreme Court of Nigeria is the last hope of the common man, the final stage of dispute resolution and a court whose decisions cannot be review except by legislative amendments. The Supreme Court, as the apex court in Nigeria, has limited original jurisdiction but …

Football is the most popular sport in Nigeria, boasting a massive fan base that spans all demographics. As one of the most profitable sports in the world, football allows professional players to earn substantial incomes. The Nigerian football market is expanding, with increasing interest in …

Nigeria’s economy relies heavily on imports and has significant growth potential, necessitating a renewed emphasis on infrastructural development. Due to the extensive nature of the maritime sector, both local and foreign operators need to coordinate their efforts and resources to engage with the government in …

Introduction Mergers are a critical tool for corporate restructuring and business growth. In Nigeria, the merger process is regulated by a robust legal framework designed to ensure compliance with competition laws, protect consumer interests and promote economic efficiency. Below is an in-depth explanation of the …

If you are wondering whether a foreigner can register a company in Nigeria, the answer is yes. In accordance with the provision of section 18(1) of the Companies and Allied Matters Act, 2020 (“CAMA”), any two or more persons may form and incorporate a company …

1. What does the “Corporate Veil” mean? The question of who to sue when a business entity commits a wrong is one of the threshold questions that a Nigerian lawyer to an aggrieved person must answer before filing a claim in a Nigerian court. The …

All digital loan companies’ licences in Lagos State must renew their licence as same is deemed to have expired by 31st of December 2024. Effective from 1st January 2025, digital lenders must reapply to to their respective licensing authorities for the renewal of their operational …

The entire team of Koriat is pleased to announce that the Central Bank of Nigeria has granted a Final Licence (Super Agents Licence) to LibertyPay Limited to operate agency banking in Nigeria. See below: There are different categories of payment licences for operators within the …