Frequently Asked
What is the difference between an SCO and an FCO?
An SCO (Soft Corporate Offer) shares indicative terms for initial discussions. An FCO (Firm Corporate Offer) is a firm offer with a validity period issued after initial buyer qualification and is typically followed by ICPO/POF and then an SPA.
Why do you require a Soft NDA before releasing documents?
The Soft NDA is a standard pre-disclosure undertaking that protects proprietary documents and supports orderly buyer due diligence.
When is an NCNDA required?
The NCNDA is required before releasing sensitive source/producer details, arranging site visits/inspections, or proceeding to firm contracting.
What is ICPO and POF?
ICPO is the buyer’s Irrevocable Corporate Purchase Order confirming commitment to purchase. POF/LC readiness is evidence that the buyer has the capability to fund the transaction and issue an LC.
What is your standard shipping basis?
FOB Lekki Deep Sea Port, Nigeria (Incoterms® 2020), unless otherwise agreed in writing.
Which labs are used for assay?
CCBC Nigeria is used as the primary pre-shipment assay basis for commercial documentation; SGS may be used for cross-verification where required.