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 228 results
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
Insights
NNPC Limited: Rethinking the Rationale for an IPO
We are of the view that the Federal Government should continue to retain full ownership and strategic control of NNPC Limited
April 8, 2025
Infrastructure, Power & Energy
Insights
The FCCPC: A Review of the Scope of its Investigation Powers
The FCCPC can request confidential or proprietary information and trade secrets.
April 2, 2025
Infrastructure, Power & Energy
Legal Updates
NNPC Limited - Conflict of Interest Considerations
On April 2, 2025, the President of the Federal Republic of Nigeria exercised his powers under Section 59(2) of the Petroleum Industry Act (PIA) 2021 to appoint ...
April 2, 2025
Infrastructure, Power & Energy
Insights
The Nigeria Tax Bill - Revisiting the New Rent Relief Allowance
It would appear that landlords and dependent adults will no longer be entitled to income tax reliefs under the Nigeria Tax Bill.
April 1, 2025
Financial Intermediation
Insights
Series A Financing - What to Expect
In this update, we highlight some key Series A considerations for founders looking to raise a Series A financing
April 1, 2025
Financial Intermediation
Explainer
Understanding the Nigerian Climate Change Act (2021) : Q&A
Does the Act make provision for a carbon tax or emissions trading system (ETS)?
March 16, 2025
Financial Intermediation
Article
Material Adverse Change (MAC) Clause Dispute in Nigeria
The investor sought to invoke the Material Adverse Change clause to withdraw from the deal, but the seller disputed the claim
February 21, 2025
Financial Intermediation
Case Study
Celebrity Endorsement Deals in Nigeria for Global Brands
A major foreign brand looking to enter the Nigerian market sought to partner with an A-list Nigerian celebrity for a celebrity endorsement deal
February 14, 2025
Technology, Media & Digital Economy
Article
Institutional Limited Partners Association New Reporting Standards
Following extensive industry consultation, the Institutional Limited Partners Association ("ILPA") has now released an updated Reporting Template and a new Performance Template
February 14, 2025
Financial Intermediation
Article
Public Private Partnerships in Nigeria
Promoters faced a tight deadline to prepare and submit their bid, necessitating rapid yet thorough legal and technical reviews
January 27, 2025
Case Study
Term Sheets in Nigeria - Venture Capital
Upon reviewing the Term Sheet, our legal team identified several unfavourable provisions that could jeopardise the company’s valuation
January 27, 2025
Technology, Media & Digital Economy
Case Study
API Licensing in Nigeria
A dispute arose when the software vendor alleged that (a) the local fintech start-up had exceeded the agreed-upon usage limits in the licensing agreement and; (b) the local fintech start-up was sharing data with unauthorized third parties.
January 26, 2025
Global
Meta's Changes: More Speech, Fewer Mistakes
Whilst Meta’s proposed changes raise some concerns regarding online safety, there are a number of reasons why Meta’s pro-speech stance warrants further consideration.
January 25, 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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