The “Angel” in Angel Investment

Angels are often described as supernatural beings with wings, protecting and coming to people’s rescue when they are in danger,…

Mercury Bank logo - Impact on African startups

Overcoming Banking Barriers: What’s Next for African Founders Amid Stringent Financial Regulations

Explore the impact of stringent financial regulations on African founders. Learn how recent banking challenges, including Mercury’s account closures, are shaping the future for startups in Africa and what steps can be taken to navigate these barriers.

Federal High Court ruling on single shareholder structures in Nigerian private companies

The Federal High Court Rules That Pre-CAMA 2020 Private Companies Can Transition To Single Shareholder Structure

The Federal High Court’s landmark ruling empowers pre-CAMA 2020 private companies in Nigeria to adopt a single shareholder structure. This game-changing decision simplifies corporate setups and offers new flexibility for business owners. Learn the key insights and next steps for transitioning your company.

Regulatory Compliance Update Q2 2024 - Data Privacy, Financial Regulation, and Employment Law.

Regulatory Round-Up Report – Q2 2024

This Regulatory Round-Up Report highlights key updates from Q2 2024, including Nigeria’s latest data privacy sanctions, changes in financial regulation by the CBN, and the FTC’s new non-compete rule. Stay informed on how these developments may impact your business.

SEC Accelerated Regulatory Incubation Program for Virtual Assets in Nigeria

Accelerated Regulatory Incubation for Virtual Assets: What You Need to Know

An overview of the SEC’s Accelerated Regulatory Incubation Program and its impact on Virtual Assets Service Providers in Nigeria.

Legal termination of employment contract in Nigeria under the Labour Act 2004

How to Legally Terminate an Employment Contract in Nigeria

Learn the legal steps and best practices for terminating an employment contract in Nigeria, including notice periods, payment in lieu of notice, and how to avoid wrongful termination claims under the Nigerian Labour Act.

Statutory Compliance Obligations of Employers in Nigeria

Statutory Compliance Obligations of Employers in Nigeria

A comprehensive overview of the statutory obligations employers in Nigeria must meet, including payroll contributions, insurance policies, and tax deductions.

Illustration of copyright and trademark symbols protecting creative works

Intellectual Property Protection Guide for Content Creators

Learn how to protect your creative works with our comprehensive guide to intellectual property protection for content creators, covering copyright, trademark, and monetization strategies.

Key clauses to Include in Your Founders Agreement (1)

Key Clauses to Include in Your Founders Agreement

Bada has a startup idea, but she needs a partner to execute it. She has found Toba, who believes in…

What rights do I have as a shareholder?

You and a squad of 4 friends stumbled on a great business idea in your final years of school –…

Nigeria’s Expatriate Employment Levy (EEL)

What You Need to Know About Nigeria’s Expatriate Employment Levy (EEL)

On 27 February 2024, the Federal Government of Nigeria (FGN) released the Expatriate Employment Levy (EEL), a mandatory contribution imposed…

Loan Financing in Nigeria

Loan Financing in Nigeria: A Comprehensive Guide

To obtain a money lender’s licence in Lagos State, you must have the following in place:

1. A registered legal entity (a limited liability company)

2. Updated Tax Clearance Certificates for the directors in the company and evidence of updated tax filings for the company

3. Registration with the Lagos State Residents Registration Agency…

Virtual Assets Service Providers Guidelines

An Overview of the VASP Guidelines

In late December 2023, the Central Bank of Nigeria (CBN) released guidelines on the operations of bank accounts for Virtual…

NIBBS Directive to Disconnect PSSPs and Super Agents

NIBSS Directive to Disconnect PSSPs and Super Agents

On the 5th of December 2023, the Nigeria Interbank Settlement Scheme (NIBSS) released a Directive to Disconnect Switches, Payment Solution…