Firm News•August 31, 2025
Balogun Harold Advises PaidHR on $1.8 Million Seed Funding Round
This venture capital investment marks an important milestone in PaidHR’s growth journey and supports its mission to expand its HRIS offering across Africa.
Private Funds Management
The 2026 Shift: Recent Tax and Securities Legislation Impacting the Onshore Footprint of Offshore Private Equity and Venture Capital Funds
“A convergence of new mandates under the Nigeria Tax Act (NTA) 2025, the Companies and Allied Matters Act (CAMA) 2020, and the Investments and Securities Act (ISA) 2025 has fundamentally redefined the operating environment for private equity and venture capital funds with a Nigerian focus. This report highlights the key regulatory pivot points and possible structural considerations for tax efficiency and regulatory compliance.”
AI Governance & Compliance
Artificial Intelligence in Nigeria: Legal, Regulatory & Market Access Guide for AI Companies
“We provide a comprehensive overview of the legal framework, regulatory landscape, and practical market entry considerations for AI companies deploying and scaling solutions in Nigeria.”
Showing 221 results
Insights
Lagos Carbon Exchange: Key Legal & Market Considerations
The Lagos Carbon Exchange introduces a credible local alternative
June 16, 2025
Financial Intermediation
Legal Updates
New Rules for Fintechs in the Electricity Sector
Third-Party Collection Service Providers (CSPs) are now required to obtain licensing and approval from the NERC
June 14, 2025
Infrastructure, Power & Energy
Legal Updates
New Private Equity Rules in Nigeria - New Updates
Private equity funds in Nigeria with a target size of ₦5 billion or less are now exempt from full SEC registration, though they must still file governing documents and obtain a no-objection from the SEC.
June 14, 2025
Financial Intermediation
Insights
Off-Plan Property Purchases in Lagos: Key Considerations
Many off-plan real estate developers do not set out to be fraudulent. In reality, many real estate developers are ambitious but undercapitalised and understructured. The result is not necessarily fraud but avoidable failure.
June 14, 2025
Infrastructure, Power & Energy
Case Reviews
How Nigerian Hotels can Avoid Copyright Lawsuits Over Music & Broadcasts
A recent decision by the Federal High Court in favour of a popular Lagos hotel underscores the importance of adopting a strategic approach to music and content broadcasting in Nigerian hotels, clubs, restaurants and entertainment centres
June 12, 2025
Technology, Media & Digital Economy
Insights
Roads & Highways Financing in Nigeria - Key Legal Considerations
Nigeria has an infrastructure financing gap of over $3 trillion, and it needs to spend at least $100 billion annually for the next 30 years to close this gap
June 12, 2025
Infrastructure, Power & Energy
Insights
Trump’s 3.5% Tax on Remittances - Some Product Considerations
If President Trump’s proposal to impose a 3.5% excise tax on outbound remittances by non-citizens becomes law, remittance and money transfer companies operating in the cross-border payments space will need to significantly update their compliance strategies.
June 11, 2025
Technology, Media & Digital Economy
Explainer
Ground Rent in Abuja, Nigeria - Legal Considerations
Ground rent is distinct from the commercial rent payable by a tenant
June 10, 2025
Infrastructure, Power & Energy
Insights
Managing Residential Estates in Lagos: Estate Dues Issues
In that case, the Residents’ Association requested estate dues covering security, waste management, and other community services, from Megawatts, a new resident.
June 1, 2025
Infrastructure, Power & Energy
Insights
Buying a House in Lagos
In our view, buying a house in Lagos is in many ways similar to buying a house in NewYork and Silicon Valley combined
May 29, 2025
Infrastructure, Power & Energy
Explainer
Demolition Notices in Lagos
If you have just received a demolition notice in Lagos, one of the most strategic decisions you can take is to get independent legal advise. There are a number ...
May 29, 2025
Infrastructure, Power & Energy
Insights
Renting Office Space in Lagos
You may need to make medium to significant infrastructure upgrades or aesthetic facelifts before moving in
May 29, 2025
Infrastructure, Power & Energy
Insights
Cost Efficiency Incentives Order, 2025
The Upstream Petroleum Operations (Cost Efficiency Incentives) Order, 2025
May 29, 2025
Infrastructure, Power & Energy
Case Reviews
Fraud & Misrepresentation Risk in M&A Transactions
In 2021, JPMorgan Chase acquired Frank for $175 million, in an M&A transaction, seeking to deepen its footprint in the student financial services market.
May 28, 2025
Technology, Media & Digital Economy
Insights
Should VC Funds be Regulated like Mutual Funds?
Delaware should be the bench mark and part of the goal should be to position Nigeria as a magnet for risk capital, attracting tech founders and fund managers.
May 21, 2025
Technology, Media & Digital Economy
Insights
Data Protection or Data Privacy: What Does Section 37 Really Guarantee?
If we treat every breach of data protection obligations as a breach of constitutional rights, we risk (a) flooding the courts with claims that should be regulatory in nature
May 21, 2025
Technology, Media & Digital Economy
Insights
Paystack and the Holding Funds Rule: Implications for a PSSP
We analyse the “holding funds” rule as it applies to a PSSP and what this means for the design and structure of fintech products
May 20, 2025
Technology, Media & Digital Economy
Insights
Data Protection Considerations in Mergers & Acquisitions in Nigeria
Nigeria’s consumer protection agency fined Meta $220 million because it believed that Meta breached data protection laws and that the breach was so egregious as...
May 18, 2025
Financial Intermediation
Insights
Protecting Global Luxury Brands in Nigeria: Key Legal Strategies
Whilst Africa’s luxury market offers immense potential, global luxury brands risk losing revenue and reputation to counterfeiters, without a proactive brand protection strategy.
May 4, 2025
Technology, Media & Digital Economy
Explainer
Cryptocurrency Exchange Licenses in Nigeria
This legal update highlights some of the key legal requirements for establishing a cryptocurrency exchange business in Nigeria, succinctly as follows: 1. Re...
April 27, 2025
Technology, Media & Digital Economy
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Firm News•July 2, 2025
Olubunmi Abayomi-Olukunle to Speak at ELLAN Employment Law Conference 2025
The program will explore contemporary issues in employment law, including workplace ethics, labour law compliance, risk management, and dispute resolution, with particular focus on the interpretation and application of the Department of Petroleum Resources (DPR) Guidelines for the Release of Staff in the Nigerian Oil and Gas Industry, as highlighted in recent decisions of the National Industrial Court.
Firm News•April 11, 2025
Balogun Harold Advises Consultants on $50 Million Dollars Naira-Denominated Venture Capital Fund for Nigeria’s Startup Ecosystem
Balogun Harold acted as legal advisers to consultants on the structuring of a Naira-denominated venture capital fund aimed at fostering the growth of Nigeria’s startup ecosystem.
Firm News•February 15, 2025
Olubunmi Abayomi-Olukunle to Speak at Fintech Association Program
Olu will share his insights on regulatory frameworks, investment strategies, and legal considerations, offering guidance for startups and investors navigating the evolving fintech landscape.
Firm News•December 28, 2024
Balogun Harold Advises Seamfix on $4.5 Million Venture Capital Investment Led by Alitheia Capital
Balogun Harold provided end-to-end legal advisory on the transaction structure, due diligence, and investment documentation, ensuring a seamless fundraising process in line with Nigerian and international venture capital standards.
Firm News•November 28, 2024
Balogun Harold Advises ThriveAgric on International Partnership Delivering $50 Million in Carbon Credit Revenue
Balogun Harold provided comprehensive legal support throughout the transaction, including partnership structuring, documentation, and regulatory compliance, ensuring a smooth and compliant execution in line with Nigerian and international standards.
Client Services in Nigeria
Expert legal counsel for Nigeria's growing venture capital, M&A, and financial services markets.
Venture Capital in Nigeria
Comprehensive legal support for venture capital funds, startup investments, and fundraising in Nigeria's dynamic tech ecosystem.
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Legal Due Diligence Services
Thorough legal due diligence for M&A transactions, investments, and regulatory compliance across African markets.
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Mergers & Acquisitions Nigeria
Expert M&A counsel for Nigerian transactions, including competition law compliance and regulatory approvals.
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Privacy & Data Protection Audits
Comprehensive privacy and data protection audits to ensure compliance with Nigerian data protection regulations and international standards.
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Competition & Anti-trust in Nigeria
Expert legal guidance on merger notifications, competition reviews, and anti-trust compliance for Nigerian businesses and transactions.
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Market Entry in Nigeria
Comprehensive legal support for international businesses entering the Nigerian market, including regulatory compliance and business structuring.
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