Beneficial Ownership Interests in Nigeria: Are the Walls Crumbling?

Around the world, the subject of beneficial ownership disclosures and transparency of investment vehicles has taken centre stage, with various leading institutions, regulators and respectable interest groups pushing the narrative. Nigeria seems to have been slow in responding to this trend. However, recent developments across various economic sectors suggest that the transition is beginning to gain some momentum in Nigeria, and that full disclosure of beneficial interests may soon become a norm in the country.