NDPC CAR Filing Countdown: What Data-Driven Organisations Must Do Before 31st March

The clock is ticking. With days left to the 31st March Compliance Audit Return (CAR) filing deadline, the Nigeria Data Protection Commission (NDPC) has made it clear that enforcement is no longer theoretical. Recent NDPC actions leave little room for doubt. The Commission has launched wide-scale sectoral probes, imposed record-breaking fines, and adopted a clear […]
New Milestone In Electricity Market Reform: Federal Government Successfully Issues ₦501 Billion Inaugural Power Sector Bond

Dear Readers, Nigeria’s electricity market has now reached a defining moment. In a landmark move aimed at restoring confidence and financial stability in the sector, the Federal Government has successfully issued a ₦501 billion inaugural power sector bond under the Presidential Power Sector Debt Reduction Programme (PPSDRP), championed by President Bola Ahmed Tinubu. The successful […]
𝐍𝐢𝐠𝐞𝐫𝐢𝐚’𝐬 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐌&𝐀 𝐄𝐧𝐭𝐞𝐫𝐬 𝐭𝐡𝐞 𝐀𝐧𝐭𝐢𝐭𝐫𝐮𝐬𝐭 𝐄𝐫𝐚: 𝐖𝐡𝐚𝐭 𝐭𝐡𝐞 𝐅𝐂𝐂𝐏𝐂 𝐍𝐨𝐰 𝐌𝐞𝐚𝐧𝐬 𝐟𝐨𝐫 𝐃𝐞𝐚𝐥 𝐒𝐭𝐫𝐚𝐭𝐞𝐠𝐲

In our previous edition, we examined how fintechs scale through acquisitions and why legal and regulatory design is critical to sustainable growth. Using the reported Flutterwave–Mono transaction as a reference point, we explored how licensing, data governance, and deal structure can shape post-merger outcomes. The momentum of consolidation in Nigeria’s fintech ecosystem shows no signs […]
𝐒𝐜𝐚𝐥𝐢𝐧𝐠 𝐓𝐡𝐞 𝐅𝐢𝐧𝐭𝐞𝐜𝐡 𝐒𝐭𝐚𝐜𝐤 𝐓𝐡𝐫𝐨𝐮𝐠𝐡 𝐌&𝐀: 𝐆𝐫𝐨𝐰𝐭𝐡 𝐖𝐢𝐭𝐡𝐨𝐮𝐭 𝐁𝐫𝐞𝐚𝐤𝐢𝐧𝐠 𝐭𝐡𝐞 𝐒𝐲𝐬𝐭𝐞𝐦

The African fintech ecosystem opened 2026 with reports of Flutterwave’s acquisition of Mono, valued by multiple media outlets at between $25 million and $40 million. While the transaction has been widely reported, detailed deal terms and regulatory approvals have not yet been publicly disclosed. As such, it is best understood as a reported transaction, not […]
Moving Personal Data Across Borders? What Your Startup Needs to Know

For many Nigerian tech startups, the use of offshore cloud infrastructure and foreign service providers is unavoidable. From hosting customer databases on overseas servers to using global SaaS tools for analytics, payments, and customer relationship management, cross-border data transfers are embedded in everyday operations. What is often overlooked, however, is that under Nigerian law, transferring […]
𝐂𝐆𝐓 𝐈𝐦𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬 𝐟𝐨𝐫 𝐓𝐞𝐜𝐡 𝐂𝐨𝐦𝐩𝐚𝐧𝐲 𝐄𝐱𝐢𝐭𝐬: 𝐅𝐨𝐮𝐧𝐝𝐞𝐫𝐬 & 𝐁𝐮𝐲𝐞𝐫𝐬

If you are building or investing in a Nigerian tech company and thinking about an eventual exit, the Nigeria Tax Act 2025 (NTA 2025) has materially changed how much of that exit value you actually keep. Tax planning that begins only when a buyer appears is often too late. Under the new rules, the way […]
𝐍𝐢𝐠𝐞𝐫𝐢𝐚 𝐉𝐨𝐢𝐧𝐬 𝐭𝐡𝐞 𝐔𝐧𝐢𝐟𝐢𝐞𝐝 𝐖𝐞𝐬𝐭 𝐀𝐟𝐫𝐢𝐜𝐚𝐧 𝐏𝐨𝐰𝐞𝐫 𝐆𝐫𝐢𝐝: 𝐀 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 𝐏𝐨𝐰𝐞𝐫 𝐒𝐡𝐢𝐟𝐭?

As the year winds down, the power sector has quietly marked a breakthrough that could redefine regional energy dynamics. On November 8, 2025, Nigeria achieved what has eluded the industry for nearly two decades: a successful, four-hour (between 05:04 a.m. and 09:04 a.m.) synchronization of the Nigerian national electricity grid with the regional West African […]
Building Shared Services That Actually Work: A Startup Guide

Introduction Shared services arrangements have become an increasingly common strategy for startups and corporate groups looking to streamline operations, reduce costs, and leverage in-house expertise. By consolidating functions such as HR, finance, legal, compliance, internal control, and other back-office operations, startups can redirect time and resources toward their core products and growth priorities. Within the […]
HOW STARTUPS SHOULD HANDLE TERMINATION TO AVOID LEGAL AND REPUTATIONAL RISK

Ending an employment relationship is one of the most sensitive decisions a startup can make. Yet in many fast-moving companies, it is handled with more urgency than structure, often resulting in avoidable legal exposure and brand damage. Recent events in the global tech ecosystem illustrate this clearly. When Twitter (now X) laid off more than […]
VAT Under the NTA 2025: What Digital Platforms and Fintechs Need to Know

Understanding VAT has become vital for digital businesses operating in Nigeria. Under the Nigerian Tax Act 2025 (NTA 2025), VAT remains a consumption tax charged on most goods and services, and it is administered by the Nigerian Revenue Service (NRS). For founders, operators, and investors across e-commerce, fintech, logistics, SaaS, and marketplace ecosystems, the latest […]