Spectrum License – The Nigerian Communications Commission (NCC) has commenced a public consultation in regard to the upcoming auction of the remaining lots of 2 x 100MHz in the 3.5GHz spectrum band...

The National Information Technology Development Agency (NITDA) has just published its 2023 Compliance Report analysing the adherence of major social media platforms in Nigeria to the Code of Practice for Interactive Computer Service Platforms and Internet Intermediaries.

A U.S.-based software vendor, which provides financial analytics tools licensed its proprietary API to a local fintech startup.

Expanding into the UK market offers tremendous opportunities, but it also brings a rigorous legal environment, particularly for businesses selling to consumers.

In a recent interview, billionaire Femi Otedola allegedly revealed that multiple banks sent "pretty ladies" to woo him for deposits.

The client is an experienced healthcare operator and investor looking to bid for a private public partnership arrangement with the Lagos State Government to build a 140-bed state-of-the-art-hospital catering to a wide range of medical needs and setting new standards for healthcare delivery in Lagos and valued at N49 billion (the "Lagos Medipark").

As a general rule of Nigerian tax law, if a foreign company has a Nigerian permanent establishment, then the profits of that foreign company that are attributable to that permanent establishment...

A Nigerian tech start-up was preparing to close a Series A funding round with a venture capital investor, who had provided successive Term Sheets for review. Unfortunately, the founders only engaged legal counsel after signing the Term Sheet and after receiving drafts of the definitive documentation...

A radio spectrum is typically, the primary subject of spectrum licensing and as such, it does help to have a background knowledge of what a radio spectrum. In simple terms, a radio spectrum...

The client/investor had entered into a Share Purchase Agreement ("SPA") to acquire a minority stake in a technology company. The SPA included a Material Adverse Change (MAC) clause, which allowed the investor...

The client is a technology startup, founded by three co-founders.Each co-founder held an equal share of the company (33.33%) and initially agreed informally on their roles and responsibilities.

We think that the African SaaS market is already significantly larger than commonly cited figures suggest. While some sources estimate it at around $3.5 billion in 2023...

U.S. companies dominate Nigeria's SaaS landscape. From Google Workspace and Microsoft 365 to Zoom, Salesforce, and AWS, American providers power much of Nigeria's digital economy.

Agency banking in Nigeria is a system where banks and licensed financial institutions appoint individuals as agents to provide basic financial services...

Nigeria's Central Bank (the "CBN") aims to increase the country's foreign reserves by $200 billion in FX earnings from non-oil proceeds over the next (5) five years under a new export proceeds repatriation scheme.

Foreign investors entering the Nigerian market are often focused on company registration, tax compliance, and import approvals.

Nigeria's recent removal from the Financial Action Task Force (FATF) Grey List marks a significant milestone in the country's efforts to strengthen its anti-money laundering (AML)...

The Lagos State Ministry of Physical Planning and Urban Development has issued a formal public notice identifying more than 170 real estate developments in Ibeju-Lekki, Epe, Eti-Osa, and other areas...

Agentic commerce marks a structural shift in how payment transactions are initiated and executed. In this model, AI systems act on behalf of consumers to search, evaluate, and, in some cases...

Nigeria presents an interesting proposition for point-of-sale financings commonly referred to as Buy Now Pay Later financing.