Our competition team expertly navigates the rapidly evolving Nigerian competition landscape to achieve our clients’ goals in addressing all aspects of competition risk. Clients around the world regularly request advice from our competition specialists. The firm’s competition practice is known for providing clear advice which makes it possible for our clients to structure complex cross-border and local transactions that comply with the Nigerian competition law regime.
The competition team advises on various aspects of competition law including:
- merger control,
- anti-competitive agreements,
- abuse of a dominant position,
- price fixing,
- dawn raids and
- cartel conduct.
We are in frequent direct contact with the Federal Competition and Consumer Protection Commission (FCCPC), Nigeria’s apex competition regulator. We also assist our clients to obtain approvals (including negative clearance) of the FCCPC and routinely engage in anti-trust and pre-merger consultations. We also advise on sector-specific competition issues such as the requirement to obtain multiple clearances depending on the target industry; and act as liaison between international and foreign clients and regulators such as the Department of Petroleum Resources, the Central Bank of Nigeria, the Nigerian Communications Commission, the Securities and Exchange Commission, the Nigerian Civil Aviation Authority, the National Pension Commission, and the National Insurance Commission.
We advise on the competition, monopoly and regulatory aspects of mergers, acquisitions, joint ventures and corporate restructurings. Where there is a risk of violation, we have the capacity to provide advice on leniency regimes, remedies and mitigating factors applicable to penalties.
The competition team provides advice to a wide range of clients operating within various sectors of the Nigerian economy including financial services, oil and gas (upstream and downstream), health management, engineering services, real estate and property development, power and energy, food and beverage, capital markets, insurance, pensions, aviation, manufacturing, fast-moving consumer goods, health and fitness, data services, telecommunications, training services and security services.
Our clients include a wide range of local and international market leaders.
“The group of lawyers at the firm we dealt with on our matter appeared to be well experienced, knowledgeable on the matter and were very professional. They even went the extra mile to help us set up meetings with the SEC.”- IFLR1000
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