The Third Party Confirmation Letter is a crucial document in Nigerian business practice, commonly used when independent verification of facts, circumstances, or obligations is required for business or legal purposes. It finds application in various scenarios such as confirming account balances, verifying business relationships, authenticating transactions, or validating contractual arrangements. The document must comply with Nigerian legal requirements, including the Evidence Act 2011 and common law principles governing contractual relationships. Third Party Confirmation Letters are particularly important in financial transactions, audits, due diligence processes, and regulatory compliance matters, where independent verification from a knowledgeable third party carries significant weight. The letter's format and content should be tailored to the specific confirmation required while ensuring it meets all necessary legal and formal requirements under Nigerian law.

1. Letter Header: Date, addressee details, and reference number if applicable

2. Subject Line: Clear identification of the subject matter of the confirmation

3. Introduction: Brief context and capacity in which the confirmation is being provided

4. Background Context: Relevant background information and relationship of the confirming party to the subject matter

5. Confirmation Statements: Specific facts, circumstances, or obligations being confirmed

6. Basis of Confirmation: Source of knowledge or authority for making the confirmations

7. Duration of Validity: Period for which the confirmation remains valid, if applicable

8. Contact Information: Details for follow-up queries or clarifications

9. Execution Block: Signature block with name, title, and company details of the confirming party