How Nigerian Hotels can Avoid Copyright Lawsuits Over Music & Broadcasts
A recent decision by the Federal High Court in favour of a popular Lagos hotel underscores the importance of adopting a strategic approach to music and content broadcasting in Nigerian hotels, clubs, restaurants and entertainment centres
Trump’s 3.5% Tax on Remittances – Some Product Considerations
If President Trump’s proposal to impose a 3.5% excise tax on outbound remittances by non-citizens becomes law, remittance and money transfer companies operating in the cross-border payments space will need to significantly update their compliance strategies.
Fraud & Misrepresentation Risk in M&A Transactions
In 2021, JPMorgan Chase acquired Frank for $175 million, in an M&A transaction, seeking to deepen its footprint in the student financial services market.
Data Protection or Data Privacy: What Does Section 37 Really Guarantee?
If we treat every breach of data protection obligations as a breach of constitutional rights, we risk (a) flooding the courts with claims that should be regulatory in nature
Should VC Funds be Regulated like Mutual Funds?
Delaware should be the bench mark and part of the goal should be to position Nigeria as a magnet for risk capital, attracting tech founders and fund managers.
Paystack and the Holding Funds Rule: Implications for a PSSP
We analyse the “holding funds” rule as it applies to a PSSP and what this means for the design and structure of fintech products
Protecting Global Luxury Brands in Nigeria: Key Legal Strategies
Whilst Africa’s luxury market offers immense potential, global luxury brands risk losing revenue and reputation to counterfeiters, without a proactive brand protection strategy.
Cryptocurrency Exchange Licenses in Nigeria
This legal update highlights some of the key legal requirements for establishing a cryptocurrency exchange business in Nigeria, succinctly as follows: 1. Registration as a Digital Asset Exchange (DAX) The SEC requires that any entity intending to operate a digital...
Celebrity Endorsement Deals in Nigeria for Global Brands
A major foreign brand looking to enter the Nigerian market sought to partner with an A-list Nigerian celebrity for a celebrity endorsement deal
Term Sheets in Nigeria – Venture Capital
Upon reviewing the Term Sheet, our legal team identified several unfavourable provisions that could jeopardise the company’s valuation