International Trade

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International Trade

The international legal landscape is so complex; as such, organisations often confront a wide range of trade compliance and litigation issues across various jurisdictions. There is the need to navigate multilateral and regional trade agreements, to address export and import control restrictions, to manage customs and border security issues as well as to comply with anti-corruption and anti-money laundering laws.


At Olaniwun Ajayi, our subject experts will advise both governments and businesses on all aspects of trade and investment including trade financing, shipping and insurance, transportation, export control restrictions, customs agreements, global trade policies, ACFTA and WTO regulations as well as disputes arising from bilateral and regional trade agreements and are able to assist our clients cut through complex regulations and legislations that govern international trade.


We will assist you with managing risks and navigating through regulatory standards. Relying on the expertise and experience of our multi-lingual and multi-jurisdictional qualified lawyers, we are able to negotiate on your behalf with trade officials and regulators to achieve your objectives.


Nigeria Signs the African Continental Free Trade Area: What Next?

Two common expressions that have gained currency in trade parlance, “les absents ont toujours tort” (absent people are always wrong), and “if you are not at the table, you are on the menu” may best describe the situation in which Nigeria found itself, following its refusal to sign the agreement establishing the African Continental Free Trade Area (AfCFTA). Despite having played a pivotal leadership role in the negotiation of the AfCFTA, with the support of some of its finest trade technocrats, it was with great surprise that news was received of Nigeria’s absence from the signing ceremony at which 44 African countries signed the AfCFTA.

The Federal Government’s response was that broad consultations, which followed the signing ceremony, were required to sensitize stakeholders to the obligations Nigeria was to assume by its membership of the AfCFTA.

Since Nigeria has now signed the AfCFTA on the 7th of July 2019, the pertinent question is: what next for Nigeria?

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