Corporate & Commercial

Commercial Contracts Lawyers in Lagos & Abuja

Clear contracts prevent disputes. We draft, review and negotiate commercial agreements that reflect your bargain, allocate risk sensibly and remain enforceable under Nigerian law.

Contracts define a business's relationships with its customers, suppliers, employees and partners. In Nigeria, many disputes arise not because a party acted in bad faith, but because the contract was vague, borrowed from another jurisdiction without adaptation, or silent on what should happen when things go wrong.

We prepare contracts that are commercially practical and legally sound, and we review contracts presented by counterparties so that you understand the risks before you sign.

Contracts we draft and review

  • Supply, procurement and purchase agreements
  • Service level and outsourcing agreements
  • Agency, distribution and franchise agreements
  • Consultancy and professional services agreements
  • Employment contracts, executive service agreements and staff handbooks
  • Non-disclosure and confidentiality agreements
  • Logistics, warehousing and haulage agreements
  • Software, SaaS and technology contracts
  • Settlement agreements and deeds of release

What we focus on

  • Payment terms: currency, timing, foreign exchange risk, interest on late payment and security for payment
  • Performance: clear specifications, timelines and acceptance procedures
  • Liability: limitations and exclusions of liability, indemnities and insurance
  • Termination: rights to terminate, notice periods and consequences of termination
  • Force majeure: events that excuse performance, and what happens if they persist
  • Dispute resolution: governing law, jurisdiction, mediation and arbitration clauses
  • Regulatory compliance: data protection, anti-bribery, consumer protection and sector rules

Templates and contract management

For businesses that sign many similar contracts, we prepare standard terms and templates, with guidance notes for your team on which clauses can be negotiated and which cannot. This speeds up deals while keeping risk under control.

Stamp duties and formalities

Some contracts must be stamped to be admissible in evidence, and certain transactions require registration or regulatory approval. We advise on these formalities so that your contracts can be relied on if a dispute arises.

FAQs

Common questions about commercial contracts.

Does a contract have to be in writing to be valid in Nigeria?

Most contracts are valid even if made orally, but some must be in writing, such as contracts for the sale of land. Written contracts are strongly recommended because they are much easier to prove and enforce.

Should my contract be governed by Nigerian law?

Where both parties and the performance are in Nigeria, Nigerian law is usually appropriate. For cross-border contracts, the choice depends on the parties' bargaining positions and where enforcement is likely to take place.

What is a limitation of liability clause?

It is a clause that caps or excludes the amount one party can recover from the other for certain types of loss. Its enforceability depends on clear drafting and the circumstances of the contract.

Do contracts need to be stamped in Nigeria?

Certain instruments are subject to stamp duty, and an unstamped instrument may not be admissible in evidence until duty and any penalty are paid. We advise on stamping requirements for each agreement.

Speak with the firm

Discuss your legal requirements with our lawyers.