Nigeria has seen another busy year in its construction and real estate sectors, as its wealth of natural resources continues to be a big pull for investors. Infrastructure and energy projects have been two of the most prosperous areas reported in the last year, with expectations that this trend will continue into 2016. In this field we list three “leading” practitioners.
The intricacies of Nigeria’s labour and employment laws are a difficult obstacle for foreign entities positioned in the market. As the country’s economy continues to grow and energy and natural research projects require foreign expertise it is essential to seek the counsel of established figures. We have selected three leading names in the field.
After strong double-digit gains in its equity markets and returning confidence among foreign investors over the past year, Nigeria’s capital markets have continued to perform strongly in 2015. With the stock market poised for continued growth, lawyers are likely to see further enquiries from domestic and international clients as new products and greater liquidity facilitate easier market access for global funds. Our research identifies 16 prominent individuals.
According to Reuters, Nigeria’s banking index has been performing very strongly, with the top two lenders reporting higher profits in March 2015. This positive trend is expected to continue, and with PricewaterhouseCoopers predicting Nigeria to be one of the fastest-growing large economies over the period to 2050, strong financing activity looks set to remain. We select 15 banking and finance lawyers who are considered the “leading lights” in the field.
Nigeria is home to a strong set of aviation lawyers specialising in corporate, commercial, finance, regulatory and contentious matters. One of the highest-profile cases in 2014 was that of British Airways v Atoyebi, which confirmed the position of Nigerian law on assessment of award of damages for breach: the court will not award general damages for breach of contract. Ten lawyers are selected for inclusion in this chapter.
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Nominees have been selected based upon comprehensive, independent survey work with both general counsel and private practice lawyers worldwide. Only specialists who have met independent international research criteria are listed.