OBA OLUFON & CO.

Home/ Practice areas/ Foreign direct investment

Practice areaF / 15

Foreign direct investment.

Establishing, protecting and managing foreign investments in Nigeria — from market-entry structure through ongoing regulatory representation.

Why this matters

Capital that comes into Nigeria has to know how it leaves.

Foreign investors are rarely surprised on the way in — the surprise is on the way out. Repatriation routes, sector caps, currency-conversion windows and the certificate of capital importation are the difference between an investment that performs and an investment that traps value. The firm structures entry with the exit already in view.

— Foreign investment bench

Services

What the firm covers in this practice.

Mandates run as market-entry advisory, an ongoing regulatory retainer post-entry, or representation in licence and repatriation disputes.

Phase 01

Entry & structuring

  • Investment structuring

    Holding vehicle, sector cap and shareholder mix designed for the realistic exit.

  • Corporate establishment

    Incorporation, share allotment and statutory filings.

  • Capital importation

    CCI strategy and bank routing for clean repatriation rights.

  • Regulatory mapping

    NIPC, CBN, NOTAP, sector regulators — sequenced and resourced.

Phase 02

Licensing & approvals

  • Licensing support

    Sector-specific licences and conditions precedent.

  • Pioneer status & incentives

    Where commercially worth the certification cost.

  • Expatriate quota & immigration

    Business permit, CERPAC, quota positions for senior personnel.

  • Technology transfer registration

    NOTAP registration where royalties are part of the structure.

  • Sector clearances

    Sector-specific approvals (telecoms, fintech, mining, oil & gas, healthcare).

Phase 03

Operations & defence

  • Regulatory watching brief

    Ongoing monitoring of sector policy and licence-condition changes.

  • Repatriation defence

    Currency-conversion, dividend and capital repatriation positions.

  • Local content compliance

    Where applicable, structured to satisfy without losing control.

  • Sector dispute representation

    Investor protection in licence revocation, sanctions and policy disputes.

Approach

How a foreign direct investment brief moves through the firm.

Four steps. Click any one to see the artifacts produced.

Step 01 · Artifacts

Sector & structure mapping

  • Sector exposure memo
  • Structuring options paper
  • Repatriation route map
  • Engagement letter

Step 02 · Artifacts

Incorporation & CCI

  • Constitutional documents
  • Capital importation file
  • CCI certificate
  • NIPC business registration

Step 03 · Artifacts

Licensing

  • Sector licence applications
  • NOTAP registration
  • Expatriate quota grant
  • Pioneer status (if applicable)

Step 04 · Artifacts

Watching brief & defence

  • Quarterly regulatory memo
  • Repatriation pack
  • Compliance calendar
  • Dispute pre-action brief

Who we represent

Clients the firm acts for in this practice.

A representative — not exhaustive — list of the clients the firm accepts mandates from under foreign direct investment.

Foreign strategic investors Multinationals entering Nigeria Global private equity Foreign banks & lenders DFIs & development finance Foreign sponsors of Nigerian JVs Diaspora investors Foreign holders of Nigerian assets
A NIPC compliance officer and a foreign investor reviewing capital-importation and entry-structuring documents.
Foreign strategic investors and multinationals entering Nigeria form the spine of the firm’s FDI practice.

What success looks like

The outcomes the firm aims for.

01

Entry on schedule, with clean repatriation rights

CCI obtained, banking routed and licences sequenced so commercial launch is not deferred.

02

Sector exposure mapped, not discovered

Ownership caps and sector restrictions modelled before deployment, not after.

03

Repatriation defended on first attempt

Dividend and capital remittance positions structured to clear the conversion window.

04

Regulatory change met with a position

Watching brief surfaces policy shifts before they bind the investor.

Bench on this matter

Partner-led from intake.

The named partners on a foreign-investment file are the partners who run it. Associates assist; they do not replace.

Oba Olufon, SAN

Senior partner · cross-border

Leads foreign-investment mandates — entry structuring, sector licensing and contentious investor defence.

Partner, foreign investment

Partner · regulatory & repatriation

Sector regulation, capital-importation strategy and repatriation defence for foreign investors and DFIs.

Engage the firm

Brief us on a foreign investment matter.

Initial consultations are confidential. You’ll leave with a clear view of the entry route, the licensing calendar, and how the investment will repatriate.

Scroll to Top