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Industry

Foreign Trade

Advice on importing and exporting, customs, trade finance and regional trade agreements.

Overview

Moving goods across Nigeria’s borders involves customs, foreign exchange and product regulation. We help importers, exporters and their financiers manage these requirements and resolve disputes.

We advise on the Nigeria Customs Service Act 2023, import and export prohibitions, tariff classification and valuation, Form M and foreign exchange documentation, export registration with the Nigerian Export Promotion Council, and product approvals from NAFDAC and the Standards Organisation of Nigeria.

We also advise on trade under the ECOWAS Trade Liberalisation Scheme and the African Continental Free Trade Area, draft supply, agency and distribution contracts, and act in customs and trade disputes.

What we do

  • Trade Policy

    Expert advice on trade policies to navigate regulatory frameworks and capitalize on international trade opportunities effectively.

  • Import Procedure and Regulations

    Guidance on import procedures and compliance with regulations governing the importation of goods into Nigeria and other jurisdictions.

  • Export Procedure and Regulations

    Assistance with export procedures and compliance with regulations governing the exportation of goods from Nigeria to other countries.

  • African Continental Free Trade Agreement (AfCFTA)

    In-depth knowledge and insights into the AfCFTA to help businesses leverage the benefits of intra-African trade and regional integration.

  • Double Taxation Treaties

    Legal support for businesses operating internationally to mitigate the impact of double taxation through effective treaty planning and compliance.

  • Treaties on Commercial Matters

    Assistance with understanding and navigating treaties related to commercial matters to facilitate cross-border transactions and investments.

  • Investment Treaty Protection

    Guidance on investment treaty protection to safeguard the interests of foreign investors and ensure fair treatment in host countries.

  • Arbitration and Litigation

    Skilled representation in arbitration and litigation proceedings to resolve international trade disputes efficiently and effectively.

FAQs

The Central Bank document that must be processed through an authorised bank before goods are imported. It is the basis for foreign exchange payments and customs clearance.

Yes. Nigeria has ratified the African Continental Free Trade Area agreement. Goods meeting the rules of origin can benefit from reduced tariffs in other participating states.

Exporters register with the Nigerian Export Promotion Council, and product-specific approvals may be needed from agencies such as NAFDAC or the Nigeria Agricultural Quarantine Service.
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