A. INTRODUCTION
Nigeria’s business landscape has always been dynamic, but in recent years it has become increasingly volatile. Currency fluctuations, inflationary pressures, tightening access to credit, and shifts in regulatory policies have all combined to push many Companies closer to financial distress. As the risk of being insolvent increases, businesses are finding themselves at critical crossroads where well-structured interventions determine whether they survive or collapse.
Traditionally, Nigerian insolvency practice leaned…