Arbitration And Dispute Resolution In Nigerian Technology Industry

Nigeria has the highest number of technology hubs in the entire African continent. If this is not impressive, nothing else is! And with the rapid increase in this number, these companies are going into more partnerships and contracts amongst themselves and companies in other sectors, with a view to keeping up with global trends, penetrating bigger markets and top-notch service delivery. Technology companies in Nigeria have some peculiarities such as complexity and use of high technology, collection and use of proprietary and confidential information, operating in a rapidly growing competitive market and government regulations. These factors make Nigerian technology businesses prone to legal disputes.