Closing Technology Mergers & Acquisitions in Nigeria
Acquiring high-growth technology companies in Africa presents an opportunity for scale-ups and strategic investors to acquire more customers, increase revenue and also become more attractive to trade buyers or public markets. Our work with firms in the tech industry...
New Rules for Operating a Fintech in Nigeria
Between 2020 & 2021, the Central Bank of Nigeria (CBN) made significant changes to the legal and regulatory framework around the establishment and operation of Fintech companies in Nigeria. While a wave of reactions have trailed the recent changes by...
Buy Now Pay Later Offerings in Nigeria: Some Market Entry Considerations (Nigeria)
Africa presents an interesting proposition for point-of-sale financings commonly referred to as Buy Now Pay Later financing (BNPL). However, there are ..
Registering a Nigerian Venture Fund: Some Key Issues
Nigeria’s venture capital rules do not appear to have been designed to attract modern venture capital. That’s concerning because venture capital fund managers perform an ..
Twitter Suspension in Nigeria: Some Key Policy & Legal Considerations for Web Platforms
Nigeria has no legal or regulatory construct similar to Section 230 (c) (1) & (2)[1]. The implication is that, providers of interactive computer services (“Platforms”) will likely be treated by ..
Six Operational & Time-Critical Takeaways From Nigeria’s Open Banking Regulations
Nigeria’s Central Bank deserves some commendation for publishing a well thought-out Open Banking Framework. Here are 6 (six) compliance/operational and time-critical takeaways from CBN’s new Open Banking Regulations, for Nigerian Fintechs and Financial Institutions. The Open Banking Regulations does not...
Why Would Nigerian Courts Disagree with the Nigerian Central Bank on Cryptocurrency Regulation?
One may disagree with the approach of the Central Bank of Nigeria to regulating cryptocurrencies but Nigerian courts are not likely disagree. Here are 3 reasons why
The Safeboda Data Privacy Breach Decision: Some Key Takeaways
The latest decision by the data privacy regulator in Uganda[1] (NITA-U) is instructive for technology companies in Nigeria, for the NITDA[2] and for data privacy regulators across Africa.
S.E.C. Crowdfunding or Venture Capital Financing – Which One Works?
Perhaps, one of the most important decisions you can make as a Nigerian founder/business owner is that decision around the type of investor from whom to raise money and ...
Nigeria’s New Sandbox for Fintech Companies & Banks: What Fintechs Need to Know
Nigeria’s Central Bank (CBN) has finalised plans to introduce a regulatory sandbox for Financial Technology companies (Fintechs) in Nigeria. With the newly proposed Fintech sandbox (CBN Fintech Sandbox/Sandbox)..