Thought Leadership

  I. Introduction An off-hire clause is one of the clauses contained in a time charterparty agreement (TCA) in standard forms. The clause permits charterers to refrain from paying hire to shipowners. It is an exception to the general rule that charterers must pay hire to the owners of vessels. This happens when force majeure

Introduction The enactment of the Investments and Securities Act (ISA or the Act) 2025 introduces significant reforms aimed at modernizing Nigeria’s capital market framework. This legislation repeals the previous Investments and Securities Act of 2007, aligning the country’s securities laws with contemporary global standards. The key innovations introduced by the ISA 2025 and what it