Raising Foreign Capital? Fix Your Nigerian Startup Structure First

Raising foreign capital for your Nigerian startup? Fix your structure before the investor’s lawyers ask about it. You have built the product, customers are paying, and an international investor finally wants a closer look. Then the due diligence list arrives: corporate documents, the shareholder register, IP assignments, tax records, proof of who owns what. If those were never sorted out, a promising round slows down, or quietly dies. And setting up a Delaware or Mauritius holding company will not fix it on its own. In some cases, it could even put your Nigeria Startup Act label at risk. Here is what Nigerian law requires, and what to fix first.

Can Foreign Investors Own Shares in a Nigerian Startup?