One of the main challenges startups face during economic recession is a reduction in funding from conventional sources. . Many venture capital firms have become more cautious in their investment decisions due to economic uncertainty and the possibility of reduced returns on investment. …

In a historic moment on October 19, 2022, Nigeria’s President, Muhammadu Buhari, signed the Nigerian startup bill into law. The Nigeria Startup Act holds great promises for startups and for the tech ecosystem in general. The Nigeria Startup Act makes provisions for startups, some of which include Startup Investment Seed…

Since the passage of the Nigeria Startup Act (Act), a question on the lips of many stakeholders has been; “what do I stand to gain from the Act”? …

A key feature in ease-of-doing-business conversations is the need to have a business environment that reduces market entry costs and engenders sustainability. This requirement is particularly key for startups given how they thrive on speed-to-market and effective regulatory framework. …

The Nigeria Startup Act gives every state the opportunity to align with the vision of the Act towards entrepreneurship, innovation and economic growth whilst taking into account local nuances. This concept of state adoption enables all 36 states in the federation to align with the provisions of the Act and…

It has come to the notice of the Nigeria Startup Act team that a fraudulent website ‘’National Startup Investment Fund — (NASIF)’’ is being circulated online. The proposed National Startup Investment Fund is a scam website created for the purposes of collecting the sensitive information of applicants including the BVN…

The Nigeria Startup Act which received presidential assent on the 19th of October, 2022 has brought in a lot of renewed hope for the country’s tech ecosystem with the expectation that laws and regulations for startups will be clear, planned and work for the tech ecosystem. The Nigeria Startup Act…

The Nigeria Startup Bill, which was drafted between June and September 2021 by over 30 tech leaders finally got the presidential assent on Wednesday, the 19th of October. Being signed into law, The Nigeria Startup Bill will now be known as The Nigeria Startup Act. The law serves as a…

The NGX Technology Board event which was held on the 6th of October 2022, spotlighted the activities of the Nigerian Exchange Group in contributing to the growth of Nigeria’s tech ecosystem by creating opportunities for local investors to participate in the funding of high-growth companies. The session which was moderated…