LEGAL ARTICLES
WOW! THE FIRST ROBOTIC CEO IS HERE.
The world's first-ever robotic CEO is here. Introducing Mika, the world’s first-ever AI-driven robot CEO, appointed by the Polish rum and spirit company, Dictador. With the power of artificial intelligence and machine learning algorithms, Mika can make rapid and...
KEY REASONS WHY STARTUPS FAIL
On the 6th of October, 2023, it was reported that Dash, a startup based in Ghana, had shut down. That's a few weeks after it was also reported that Payday, a startup based in Nigeria was in the process of being sold. Stories of startups failing abound. This makes it...
CURIOUS ON HOW TO APPLY FOR A MICROFINANCE BANK LICENCE?
The world is embracing digital transformation, and the Central Bank of Nigeria (CBN) is no exception. On September 20, 2023, the CBN introduced an online platform for applying for Microfinance bank licenses, known as the CBN Licensing Approval and Other Request Portal...
AI VOICE CLONE: A HELPMATE OR A THREAT
AI voice cloning has emerged as a remarkable advancement. We are in a time where technology continues to prove to us that there’s no impossibility. AI can now create a video with your picture and the voice will sound exactly as yours. But is it good news or bad news?...
DON’T INVEST IN ANY STARTUP WITHOUT READING THIS
Recently, there have been heartbreaking stories of startups failing to the extent that they are beginning to look like organized Ponzi schemes. This in turn is making investors wary as they are becoming extra careful with their funds. Investing in startups carries...
SAFE AGREEMENT FOR STARTUPS
It’s no news that startups require a huge sum of money to start and continue their operations. Money is needed to hire developers, designers, and the like, as well as for marketing. SAFE is one of the easiest and fastest ways for startups to raise capital. SAFE is an...
READ THIS BEFORE YOU SEAL THE DEAL WITH THAT INVESTOR
What to do before sealing the deal with that investor. One of the major problems startups face is funding. Getting an investor for your startup is an event that calls for celebration. But before you throw a party and take their fund. Read in detail the terms of the...
HOW TO ACCESS EXPERTS FOR YOUR STARTUP WITHOUT BREAKING THE BANK
In many cases, startups face funding challenges, especially when their product isn't fully developed, relying heavily on investors for financial support. However, when there's an urgent need for expertise, startups can consider offering equity as compensation to...
Can individuals legally fly drones in Nigeria?
Drones used to be only for aerospace experts, but now they're in the hands of private individuals for purposes like aerial photography and surveillance. This raises the question about the legality of individuals flying drones in Nigeria. So, is it even legal? ...