Stuck in a Time Warp: Security Interests in Chattel Mortgages and the Bills of Sale Legislation in Nigeria

Research output: Contribution to journalArticle


Examines the law in Nigeria on the use of the bill of sale as a security device in the form of a chattel mortgage. Considers issues including the definition of "personal chattels," the formal requirements of a bill of sale, the remedies for its breach and the effect of a borrower's bankruptcy. Discusses the Central Bank of Nigeria (CBN) Regulations on security interests in moveable property. Evaluates the regime and suggests reforms.
Original languageEnglish
Pages (from-to)345-354
JournalInternational Company and Commercial Law Review
Issue number11
Publication statusPublished - 2015


Bibliographical note

This is a pre-copyedited, author-produced version of an article accepted for publication in International Company & Commercial Law Review following peer review. The definitive published version I.C.C.L.R. 2015, 26(11), 345-354 is available online on Westlaw UK or from Thomson Reuters DocDel service .

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