Technology has led to the Increasing need for data protection. The world today is on the verge of being fully digitalized and Nigeria is no stranger to this phenomenon. To help regulate data protection, the government set up a commission for the purpose of protecting one’s data (information) Most organizations that collect, store, or process […]
Why Startups Need Legal Preparedness Before Chasing Investment
When founders think about raising money, their minds usually jump to pitch decks, valuations, and networking with investors. But one area that often gets overlooked—until it becomes a dealbreaker—is the legal foundation of the business. Investors aren’t just buying into your idea; they’re buying into a company they believe is structured, secure, and ready to […]
Force Majeure Clauses: What They Are and Why They Matter for Startups and Business Owners
Introduction In the unpredictable world of business, unforeseen events can disrupt operations, delay projects, and strain contractual relationships. The COVID-19 pandemic, natural disasters, political unrest, and other extraordinary circumstances have highlighted the importance of preparing for the unexpected. One critical tool for managing such risks in contracts is the force majeure clause. For startups and […]
Professional liability:Who, When and Why
Who, When, and Why You Should Consider professional liability and Insurance In today’s fast-paced business environment, professionals across various industries face numerous risks that can lead to legal claims and financial loss. Professional liability insurance, often referred to as Errors and Omissions (E&O) insurance, is a crucial safeguard for individuals and businesses alike. This blog […]
Conducting Risk Assessment: Business Guide
Step by Step Guide in Conducting Risk Assessment for Your Small Business Running a small business comes with a variety of risks, from financial uncertainties to safety hazards. Conducting a thorough risk assessment is essential to safeguard your business and ensure its longevity. Here’s a step-by-step guide to help you through the process. Step 1: […]