Buying a business can be a smart way to enter an industry, expand operations, or diversify investments. However, purchasing an existing business is not without risks. To mitigate these risks, every entrepreneur must perform proper due diligence. This process involves a comprehensive evaluation of the business’s financials, legal standing, assets, liabilities, operations, and more before … Read more
In the evolving regulatory landscape of Nigeria’s corporate sector, the concept of Ultimate Beneficial Ownership (UBO) disclosure has gained significant importance. Following global trends toward transparency and anti-corruption, Nigeria has taken definitive steps to mandate the disclosure of individuals who ultimately own or control corporate entities. As we progress into 2025, beneficial ownership disclosure in … Read more
In today’s fast-evolving financial landscape, small and medium-sized enterprises (SMEs) and fintech companies play a vital role in economic growth, innovation, and financial inclusion. However, their increasing role in financial transactions and the digital economy has drawn the attention of regulators—especially in the fight against illicit financial flows. To enhance transparency and accountability, many jurisdictions, … Read more
The rapid advancement of Artificial Intelligence (AI) is transforming the global digital landscape. From predictive analytics to facial recognition and language processing, AI is being used in virtually every sector — healthcare, finance, security, marketing, and even governance. However, this growth comes with an immense challenge: the protection of data privacy. As AI systems rely … Read more
In today’s global economy, businesses and creators are increasingly dependent on the value of their intellectual assets. Whether you’re an entrepreneur, artist, software developer, or content creator, protecting your brand, logo, and content is crucial for long-term success. In Nigeria, as in most jurisdictions, the legal framework for protecting these creations falls under what is … Read more
Nigeria, as one of Africa’s largest economies, offers vast opportunities for international trade and investment. With a population of over 200 million people and a growing appetite for foreign goods, many businesses and individuals see the country as a lucrative destination for the importation of various products. However, engaging in importation activities in Nigeria is … Read more
In Nigeria, the regulation and control of the manufacture, importation, exportation, distribution, advertisement, sale, and use of food, drugs, cosmetics, medical devices, bottled water, and chemicals are entrusted to the National Agency for Food and Drug Administration and Control (NAFDAC). Established in 1993, NAFDAC plays a critical role in ensuring that only safe and standardised … Read more
Starting a business in Nigeria can be exciting, especially in an age where entrepreneurship is becoming a preferred path for many young professionals. However, in the rush to innovate, launch products, and secure funding, many startups overlook a critical component of their growth and sustainability—legal compliance. The consequences of neglecting legal foundations can be severe, … Read more
In the digital age where data is considered the “new oil,” protecting personal information has become a critical concern for individuals, businesses, and governments alike. With the increasing use of technology for financial transactions, healthcare, communication, and even governance, personal data is constantly being collected, processed, and stored. This reality makes Data Protection Law in … Read more
In today’s rapidly evolving legal landscape, young and mid-career lawyers must ask themselves a critical question: What is the best skill for lawyers to master in 2025? The answer lies at the intersection of regulatory knowledge, digital fluency, and strategic business advisory — a potent combination that is transforming how legal professionals create value. At … Read more