Merger Clearance
FCCPC clearance required before completing a merger or acquisition above the notification threshold in Nigeria.
- Estimated timeline
- ~3 months
The Federal Competition and Consumer Protection Commission reviews mergers and acquisitions that meet its notification thresholds to assess their effect on competition before they may be completed.
Document requirements
Merger notification form
MandatoryCompleted FCCPC Form 021 (or successor form).
Transaction documents
MandatorySale and purchase agreement or equivalent transaction documents.
Market analysis
MandatoryAssessment of the transaction’s effect on the relevant market(s).
Ownership structure
MandatoryPre- and post-transaction ownership and control structure.
Frequently asked questions
Which mergers require FCCPC clearance?
Transactions meeting FCCPC’s asset or turnover notification thresholds — smaller transactions may qualify for exemption, assessed case by case.
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