Standard Agreement for Nigeria

Standard Agreement Template for Nigeria

A comprehensive standard agreement template designed for use under Nigerian law, incorporating essential contractual elements required by Nigerian legislation and common law principles. This document serves as a foundational agreement template that can be customized for various business relationships while ensuring compliance with Nigerian contract law, the Companies and Allied Matters Act (CAMA) 2020, and other relevant Nigerian statutes. The agreement includes all necessary provisions for establishing legally binding relationships between parties, with specific consideration for Nigerian business practices and legal requirements.

Your data doesn't train Genie's AI

You keep IP ownership of your information

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Download a Standard Template

4.6 / 5
4.8 / 5
Access for free
OR

Alternatively: Run an advanced review of an existing
Standard Agreement

Let Genie AI's market-leading legal AI identify missing terms, unusual language, compliance issues and more - in just seconds.
Upload your Doc

What is a Standard Agreement?

This Standard Agreement template is designed to serve as a fundamental legal instrument for establishing business relationships under Nigerian law. It is particularly useful for companies and individuals seeking to formalize their business arrangements in Nigeria, whether for services, goods, or general commercial relationships. The document incorporates key requirements from Nigerian contract law, including essential elements required by the Companies and Allied Matters Act (CAMA) 2020 and other relevant Nigerian legislation. This Standard Agreement can be adapted for various business contexts while maintaining its enforceability under Nigerian law, making it suitable for both domestic and international business relationships involving Nigerian parties or Nigerian jurisdiction. The template includes comprehensive provisions for contract formation, performance, dispute resolution, and termination, all aligned with Nigerian legal requirements and business practices.

What sections should be included in a Standard Agreement?

1. Parties: Identification and details of all contracting parties, including registration numbers for companies

2. Background: Context and purpose of the agreement, including any relevant history or relationships between the parties

3. Definitions and Interpretation: Definitions of key terms and rules for interpreting the agreement

4. Term and Commencement: Duration of the agreement and when it becomes effective

5. Obligations of the Parties: Core responsibilities and commitments of each party

6. Payment Terms: Financial terms, payment schedules, and related conditions

7. Representations and Warranties: Statements of fact and promises made by each party

8. Termination: Circumstances and procedures for ending the agreement

9. Confidentiality: Provisions for protecting confidential information

10. Force Majeure: Provisions for unforeseeable circumstances preventing performance

11. Dispute Resolution: Procedures for resolving disagreements, including jurisdiction and applicable law

12. General Provisions: Standard boilerplate clauses including notices, amendments, and severability

What sections are optional to include in a Standard Agreement?

1. Intellectual Property: Required when the agreement involves IP rights, trademarks, or creative works

2. Insurance: Include when specific insurance coverage is required from either party

3. Performance Metrics: Add when the agreement requires specific performance standards or KPIs

4. Compliance with Laws: Detailed section needed when specific regulatory compliance is critical

5. Data Protection: Include when personal data processing is involved

6. Security Requirements: Add for agreements involving sensitive operations or information systems

7. Step-In Rights: Include when one party may need to take over the other's obligations

8. Change Control: Required for agreements where scope or specifications may need formal variation procedures

What schedules should be included in a Standard Agreement?

1. Schedule 1 - Services/Deliverables: Detailed description of services or deliverables to be provided

2. Schedule 2 - Pricing and Payment Terms: Detailed breakdown of pricing, payment milestones, and calculations

3. Schedule 3 - Service Levels: Performance standards and metrics if applicable

4. Schedule 4 - Key Personnel: List of key individuals responsible for contract execution

5. Appendix A - Form of Notice: Template for formal notices under the agreement

6. Appendix B - Change Request Form: Standard form for requesting and documenting changes

7. Appendix C - Required Insurance: Details of insurance requirements and minimum coverage

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Jurisdiction

Nigeria

Publisher

Genie AI

Document Type

Agreement Contract

Cost

Free to use
Relevant legal definitions
Clauses
Relevant Industries

Manufacturing

Technology

Financial Services

Real Estate

Retail

Healthcare

Education

Agriculture

Energy

Transportation

Construction

Professional Services

Telecommunications

Mining

Entertainment

Relevant Teams

Legal

Compliance

Commercial

Business Development

Operations

Procurement

Risk Management

Finance

Administration

Corporate Secretariat

Contract Management

Relevant Roles

Legal Counsel

Contract Manager

Business Development Manager

Commercial Director

Chief Executive Officer

Chief Legal Officer

Compliance Officer

Project Manager

Procurement Manager

Operations Manager

Risk Manager

Company Secretary

General Manager

Finance Director

Administrative Officer

Industries
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Business Agreement

A legally binding document under Nigerian law that establishes terms and conditions for business relationships between parties, ensuring compliance with local regulations and protecting all parties' interests.

Download

House Rent Agreement Form

A Nigerian law-compliant agreement establishing terms and conditions for residential property rental between landlord and tenant.

Download

Consignment Agreement Form

A Nigerian law-governed agreement establishing terms for consignment sales arrangements, detailing rights and obligations of consignor and consignee.

Download

General Tenancy Agreement

A Nigerian law-compliant agreement establishing terms and conditions for property rental between landlord and tenant, governed by the Recovery of Premises Act and state rent control laws.

Download

Standard Form Contract

A standardized contract template compliant with Nigerian law, designed for repeated use in similar business transactions.

Download

Money Agreement Between Two Parties

A Nigerian law-governed agreement establishing terms and conditions for a monetary loan between two parties, including loan amount, interest rates, and repayment terms.

Download

Side Agreement

A supplementary contract under Nigerian law that modifies or adds to an existing agreement's terms while maintaining compliance with Nigerian legal requirements.

Download

Mutual Agreement Between Two Parties

A bilateral agreement under Nigerian law establishing mutual rights and obligations between two parties, with comprehensive terms for business collaboration.

Download

Incorporation Agreement

A Nigerian law-governed agreement establishing a new company's structure, shareholding, and governance framework under CAMA 2020.

Download

Fixed Term Tenancy Agreement

A Nigerian law-governed agreement establishing terms and conditions for fixed-term property rental, defining rights and obligations of landlord and tenant.

Download

Casual Worker Contract

A Nigerian law-compliant contract establishing terms and conditions for casual employment relationships with flexible working arrangements.

Download

Boilerplate Agreement

A versatile Boilerplate Agreement template under Nigerian law, providing standardized terms for business relationships while ensuring compliance with local legal requirements.

Download

Tooling Agreement

A Nigerian law-governed agreement establishing terms for industrial tooling equipment, including design, manufacture, use, maintenance, and ownership rights.

Download

Representation Agreement

A Nigerian law-governed agreement establishing and regulating the relationship between a principal and their appointed representative, defining authority, terms, and obligations.

Download

Notary Rent Agreement

A legally authenticated rental agreement under Nigerian law, executed before a Notary Public, establishing terms and conditions for property rental.

Download

Land Agreement Between Two Parties

A Nigerian law-governed agreement for land transfer between two parties, ensuring compliance with the Land Use Act and state regulations.

Download

Contract Agreement Between Two Parties

A standard Nigerian law-compliant contract agreement template for establishing legal relationships between two parties, incorporating all essential elements required under Nigerian contract law.

Download

Common Terms Agreement

A Nigerian-law governed agreement establishing standard terms for syndicated lending transactions, harmonizing multiple facility agreements under one master document.

Download

Buyer Agency Agreement

A Nigerian law-governed agreement establishing the terms and conditions under which a real estate agent represents a buyer in property transactions.

Download

Contra Agreement

A Nigerian law-governed agreement establishing terms and conditions between a service provider and recipient, defining service scope, obligations, and mutual responsibilities.

Download

Security Agreement Form

A Nigerian law-governed agreement creating and evidencing security interests over assets, establishing rights and obligations between security provider and holder.

Download

House Construction Agreement Between Owner Contractor

A Nigerian law-governed agreement between property owner and contractor for residential house construction, defining work scope, terms, and obligations.

Download

Lodger Agreement

A Nigerian law-governed agreement establishing terms for a lodger's occupation of a room in an owner-occupied property.

Download

Head Of Terms Agreement

A preliminary agreement under Nigerian law outlining key commercial and legal terms for a proposed transaction or business arrangement.

Download

Professional Services Retainer Agreement

A Nigerian law-governed agreement establishing terms for ongoing professional services provided on a retainer basis.

Download

Supply Contract Form

A Nigerian law-governed contract template establishing terms and conditions for the supply of goods between commercial parties.

Download

Business Contract

A Nigerian business contract template for commercial relationships, compliant with CAMA 2020 and Nigerian commercial law.

Download

Bike Sale Agreement

A Nigerian law-governed agreement for the sale and purchase of a bike, ensuring legal compliance and protecting both parties' interests.

Download

Umbrella Agreement

A Nigerian law-governed master agreement establishing framework terms for future specific agreements between parties.

Download

Share Purchase Agreement

A Nigerian law-governed agreement documenting the terms and conditions for the sale and purchase of shares in a company, including price, warranties, and completion requirements.

Download

Work Contract

A Nigerian law-governed employment agreement establishing terms and conditions between employer and employee, ensuring compliance with local labor legislation.

Download

Volunteer Contract

A Nigerian law-governed agreement establishing the terms and conditions of a voluntary service relationship between an organization and a volunteer.

Download

Voluntary Service Agreement

A Nigerian law-governed agreement establishing the terms and conditions between an organization and a volunteer, outlining responsibilities and protections for both parties.

Download

Virtual Assistant Contract

A Nigerian law-governed agreement establishing terms and conditions for virtual assistant services, including scope, compensation, and compliance requirements.

Download

Vendor Services Agreement

Nigerian law-governed agreement defining terms and conditions for vendor service provision, including scope, payment, and performance standards.

Download

Vendor Contract

A Nigerian law-governed agreement establishing terms and conditions between a customer and vendor for the supply of goods/services.

Download

Vending Machine Agreement

A Nigerian law agreement governing the installation and operation of vending machines, including revenue sharing and operational requirements.

Download

Vehicle Agreement Between Two Parties

A legally binding vehicle sale and purchase agreement between two parties under Nigerian law, documenting transfer terms and ownership rights.

Download

Trust Contract

A Nigerian law-governed document establishing a trust arrangement between settlor, trustees, and beneficiaries, defining asset management and distribution terms.

Download

Tripartite Contract

A Nigerian law-governed tripartite contract establishing legal relationships and obligations between three parties in a commercial arrangement.

Download
See more related templates

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

We are ISO27001 certified, so your data is secure

Organizational security:

You retain IP ownership of your documents and their information

You have full control over your data and who gets to see it

2 Docs LeftAccess Now