August 11, 2022August 11, 2022

Few months ago, our firm was engaged by a client in the UK to conduct due diligence on a startup in Nigeria. The latter was considering investing in it. Here are a few lessons from my experience I believe startup founders and investors should consider when raising funds from investors; 1. Make it easy for…

August 4, 2022August 4, 2022

On the 27th of July 2022, the Nigeria Startup Bill (NSB) passed its third reading at the House of Representatives. Following this development, the Bill has completed its law making phase at the National Assembly. The Bill currently awaits the Assent of the President to be signed into Law. This is no doubt a promising…

July 29, 2022July 29, 2022

If you own a business in Nigeria and wish to expand your market base across the world without migrating to another country, the easiest and most effective way of doing so is to set up a company in the country in which your target market is located. For most startups and companies, the United States…

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July 21, 2022July 21, 2022

Recently, Ping Express, a Texas-based company has been in the news over its failure to maintain an effective anti-money laundering programme. In addition, it was discovered that the company had conducted money transfer services in about 5 States in the United States where it wasn’t licensed. As a result, both the CEO of Ping Express…

July 14, 2022July 14, 2022

So you want to create a software product that serves as a core revenue stream for your business and you have no idea about software programming or the technical aspects to creating the product in question. You’re faced with 2 options; a) Lookout for someone with the technical skills required to build the product and…

July 7, 2022July 7, 2022

Are you an early stage startup founder looking to raise money in the United States? Do you own a business and you are looking to access the American market? Then this is for you! The United States no doubt plays host to a large and diverse market base. According to the National Venture Capital Association…

June 30, 2022June 30, 2022

  Having recognized the relevance of information technology as a critical infrastructure in society which must be safeguarded, regulated, and protected against online harm, the National Information Technology Development Agency (NITDA), on the 13th day of June 2022, announced the release of a Draft code of practice for interactive computer service platforms/Internet Intermediaries.   SCOPE…

June 24, 2022June 24, 2022

Introduction Ever heard the saying ‘three may keep a secret if two of them are dead’? I believe that if you want to keep information secret, it’s best not to share it with anyone because once you disclose it to someone, it’s no longer secret. I’m sure this resonates with you as well? However, there…

June 24, 2022June 24, 2022

Introduction Ever heard the saying ‘three may keep a secret if two of them are dead’? I believe that if you want to keep information secret, it’s best not to share it with anyone because once you disclose it to someone, it’s no longer secret. I’m sure this resonates with you as well? However, there…

How to protect your company from deadweight co-founders
June 18, 2022June 24, 2022

Are you about starting a company with a co-founder and you have concerns such as; 1. What if my co-founder doesn’t pull his/her weight and I need to find another co-founder? 2. What if I realize in the future that my co-founder isn’t the person I thought he/she was when I started the business? 3….