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Nigerian Startup Act: Opportunities and Challenges for Entrepreneurs

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The Nigerian Startup Act (NSA), signed into law in 2022, represents a significant step toward fostering a thriving tech and innovation ecosystem in Nigeria. Designed to support startups through incentives, funding opportunities, and regulatory clarity, the Act aims to position Nigeria as a global hub for entrepreneurship. However, while the Act presents numerous opportunities, entrepreneurs …

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Legal Framework for Crowdfunding in Nigeria: Opportunities, Risks

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Crowdfunding has gained traction in Nigeria as an innovative way for businesses, startups, and creative projects to raise funds. By leveraging online platforms, individuals can pool financial resources from a large number of contributors. However, this promising financing method comes with legal and regulatory implications. In this post, we examine the legal framework governing crowdfunding …

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Understanding the Nigerian Startup Act: Opportunities and Legal Implications for Entrepreneurs

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The Nigerian Startup Act, enacted to foster innovation and economic growth, has become a cornerstone for entrepreneurs in the country. By creating an enabling environment for startups, the law aims to address challenges faced by small businesses and position Nigeria as a hub for innovation in Africa. This article unpacks the key provisions of the …

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