Contactless Payments and the Future of Retail Finance in Nigeria
Nigeriaโs fintech story has been built on transfers. From USSD to instant bank transfers, Nigerian Fintechs have engineered a system that moves money fast, but not without friction. Network latency, failed sessions, manual input errors, and OTP delays remain embedded in everyday transactions. In high-traffic retail environments, those seconds compound into measurable inefficiency. Contactless payments, […]
Regulatory Localisation and Digital Infrastructure: Building Compliant Data Centres in Nigeria
Across regulated industries, data is increasingly being treated as a sovereign asset rather than a purely commercial one. Governments are tightening expectations around where sensitive data is stored, how it is processed, and under whose jurisdiction it ultimately resides. The underlying policy logic is straightforward. Regulatory oversight, audit enforcement, and lawful access are most effective […]
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 […]
๐๐ข๐ ๐๐ซ๐ข๐โ๐ฌ ๐ ๐ข๐ง๐ญ๐๐๐ก ๐&๐ ๐๐ง๐ญ๐๐ซ๐ฌ ๐ญ๐ก๐ ๐๐ง๐ญ๐ข๐ญ๐ซ๐ฎ๐ฌ๐ญ ๐๐ซ๐: ๐๐ก๐๐ญ ๐ญ๐ก๐ ๐ ๐๐๐๐ ๐๐จ๐ฐ ๐๐๐๐ง๐ฌ ๐๐จ๐ซ ๐๐๐๐ฅ ๐๐ญ๐ซ๐๐ญ๐๐ ๐ฒ
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 FlutterwaveโMono transaction as a reference point, we explored how licensing, data governance, and deal structure can shape post-merger outcomes. The momentum of consolidation in Nigeriaโs fintech ecosystem shows no signs […]
๐๐๐๐ฅ๐ข๐ง๐ ๐๐ก๐ ๐ ๐ข๐ง๐ญ๐๐๐ก ๐๐ญ๐๐๐ค ๐๐ก๐ซ๐จ๐ฎ๐ ๐ก ๐&๐: ๐๐ซ๐จ๐ฐ๐ญ๐ก ๐๐ข๐ญ๐ก๐จ๐ฎ๐ญ ๐๐ซ๐๐๐ค๐ข๐ง๐ ๐ญ๐ก๐ ๐๐ฒ๐ฌ๐ญ๐๐ฆ
The African fintech ecosystem opened 2026 with reports of Flutterwaveโs 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 […]
๐๐๐ ๐๐ฆ๐ฉ๐ฅ๐ข๐๐๐ญ๐ข๐จ๐ง๐ฌ ๐๐จ๐ซ ๐๐๐๐ก ๐๐จ๐ฆ๐ฉ๐๐ง๐ฒ ๐๐ฑ๐ข๐ญ๐ฌ: ๐ ๐จ๐ฎ๐ง๐๐๐ซ๐ฌ & ๐๐ฎ๐ฒ๐๐ซ๐ฌ
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 […]
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 […]
