Balogun Harold - Leading Commercial &amp; Corporate Law Firm

Explainer

Understanding the Role of LASBCA - Key Considerations

LASBCA plays a central role in ensuring that buildings are constructed, maintained, and inhabited in accordance with safety and planning standards

January 20, 2025

Consortium Agreements: Structuring Considerations in Nigeria

Consortium Agreements remain one of the crucial ways to win and execute public private partnerships and high-stakes public and private contracts.

January 5, 2025

Explainer

Operating a Free Trade Zone in Nigeria: Key Considerations

More investors are now leveraging Nigeria’s free trade zones as a strategic gateway into the market, capitalizing on the significant increase in businesses and robust growth trends over time

December 22, 2024

Can Lagos’ Electricity Market Serve as a Blueprint for Other States?

Our analysis suggests that a tailored approach is essential for designing sustainable electricity markets across the country.

December 15, 2024

E-Commerce Regulations in Nigeria - Key Considerations

Nigeria, Africa’s largest economy, offers significant growth potential for global e-commerce platforms seeking to expand into emerging markets

December 15, 2024

Legal Update

Content Moderation Compliance Report by the NITDA

Specifically, the Compliance Report documents and evaluates the compliance efforts of Google, Linkedin, TikTok and X, in areas such as

December 13, 2024

Lagos Electricity Law: Investment Opportunities for 2025

With growing electricity demand driven by Lagos’ population of over 20 million and its position as Nigeria’s economic engine, 2025 is poised to be a transformative year for power sector investors in Lagos

December 10, 2024

Lagos Electricity Market: Key Incentives for Investors

The Lagos Electricity Law stands out as a transformative piece of legislation poised to redefine the Lagos electricity market. One of its most noteworthy features is its clear focus on fostering investor confidence through robust legal protections.

December 9, 2024

Content Moderation in Nigeria: Legal Frameworks & Recent Developments

On December 3, 2024, the NITDA issued a public notice regarding the state of compliance with the Code of Practice for Interactive Computer Service Platforms/Internet Intermediaries, 2023.

December 4, 2024

Case Study

Startups & Shareholders’ Agreement

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.

Featured Case Study

Aligning Senior & Junior Partner Interests in a Venture Capital Fund

The existing compensation arrangements failed to adequately incentivise junior team and to reflect the actual contributions of senior partners

Article

Legal Due Diligence in a Nigerian M&A Transaction

The Client, a leading renewable energy firm, sought to acquire a controlling stake in a mid-sized Nigerian energy company to expand its footprint in Africa’s burgeoning renewable energy sector.

Case Study

Market Entry in Nigeria

Our client, a leading global technology company, sought to expand its operations into Sub-Saharan Africa, starting with Nigeria

Pre-Series Financing: Key Insights for Founders

We find that some startups attach the “Pre-” label to a funding round because they didn’t secure the full target amount or feel the amount raised doesn’t align with what’s typically associated with that stage. But what does it really mean, and when should you use it?

November 23, 2024

Legal Updates

The CBN FX Code: Moving From Rules to Principles

The introduction of the draft CBN FX Code marks a significant milestone in Nigeria’s foreign exchange market regulation as it signifies a shift away from a regulatory approach that is largely rules-based toward a more dynamic, principles-based regulatory approach. Effectively,

October 22, 2024

How VCs Support Start-Ups Post-Investment

It’s often overlooked but venture capital is more than just a financial investment—it’s a partnership that fuels growth. Beyond the cash infusion, VCs provide critical post-investment management support to help startups achieve critical product and revenue milestones. So, what should you expect from your VC after closing a round?

October 12, 2024

Legal Updates

The CBN FX Code: Key Principles

The draft FX Code, issued by the Central Bank of Nigeria (CBN) in October 2024, establishes a set of principles designed to promote a robust, fair, and transparent foreign exchange market. The FX Code seeks to enhance the integrity and efficiency of the Nigerian wholesale foreign exchange market.

October 10, 2024

Intermediary Liability: Legal Considerations for Tech Platforms in Nigeria

Intermediary liability, as a legal and policy concern, raises the question: To what extent should tech platforms bear financial or criminal responsibility for the online actions or omissions of their users? As digital platforms continue to reshape industries and societies, this issue lies at the heart of balancing innovation with accountability

September 30, 2024

Software as a Service in Nigeria: Some Commercial Issues

When global companies offer Software as a Service (SaaS) in Nigeria, they encounter distinct commercial challenges shaped by the country’s unique legal, economic, and business landscape. From navigating regulatory compliance and overcoming payment barriers to addressing data protection requirements and managing infrastructure limitations, these issues present significant hurdles.

September 25, 2024