31st October 2022
The New Startup Act at a Glance: 10 Key Takeaways
The President of the Federal Republic of Nigeria recently signed the Start-up Bill 2022 into law (also known as The Act or Nigerian Startup Act). This law’s enactment is generally considered a welcome development, particularly within the technology space. Amongst other things, the Act is expected to accelerate growth and lower market entry barriers for start-ups.
In this legislative update, we have highlighted 10 key provisions to note about the newly signed Startup Act and its projected implications in the start-up ecosystem.
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Privacy and Compliance – Federal High Court Nullifies Parts of the Nigeria Data Protection Commission’s Guidance Notice for Registration
In a recent ruling, the Federal High Court invalidated certain sections of the Nigeria Data Protection Commission’s (NDPC) Guidance Notice for Registration, citing conflicts with the Nigeria Data Protection Act 2023 (NDPA).
27 November 2024