Contract Law

Contract, Contract Law, Startup, Startup Act

Founders’ Agreements In Nigerian Startups: The Contractual Protections Every Founder Should Consider

Many Nigerian startups begin with informal understandings among founders, leaving equity, decision-making, intellectual property, exits and deadlock unresolved until the company acquires real value. This article examines how a founders' agreement can protect a startup under CAMA 2020, the Nigeria Startup Act 2022, the Copyright Act 2022, and Nigeria's dispute-resolution regime, while highlighting the contractual provisions every founder should consider from inception.

O. M. Atoyebi, SAN FCIArb.(U.K)
October 7, 2026

Contract Law, Football Industry, Intellectual Property, Player Rights, Sports Law

Sport Law and Practice in Nigeria: The Football Industry and Image Law

This article examines sports law in Nigeria with a focus on the football industry and the increasing significance of image rights as a commercial asset. It analyses their scope, economic value, and protection under existing legal frameworks, while considering the roles of key stakeholders in their commercial exploitation. The article further highlights key challenges, including regulatory gaps and contractual ambiguities, and proposes measures to strengthen the legal framework to support the sustainable growth of Nigerian football.

O. M. Atoyebi, SAN FCIArb.(U.K)
June 2, 2026

Contract Law, Corporate Law

An Analysis of the Licensing and Regulation of Collective Investment Scheme in Nigeria

The licensing of a fund manager or Investment Scheme company is essential as Unit offers can only be listed as Initial Public Offers by licensed Fund managers.

O. M. Atoyebi, SAN FCIArb.(U.K)
July 17, 2024

Contract Law, International Trade & Commerce

An Analysis of the Concept of Choice of Law in Private International Law: Its Implication on International Contracts

Every sovereign state exists with varying applicable substantive and procedural laws which govern its contractual transactions within and outside the state. So, the concept of choice of law in international law which involves conflicting laws administered under different judicial systems has led to sovereign states adopting peculiar procedural laws when faced with it.

O. M. Atoyebi, SAN FCIArb.(U.K)
July 15, 2024

Contract Law, Labour Act

The Legal Implication of an Unwritten Contract; Does the Absence of Written Contract of Employment Vitiate A Contract?

The fact that a contract has not been reduced into writing does not make it unenforceable. However, the party who is asserting the existence of a contract of employment must prove such facts by presenting credible evidence of the existence of such a contract.

O. M. Atoyebi, SAN FCIArb.(U.K)
July 12, 2024

Contract Law

Performance Guarantee and Its Relevance in Infrastructure Projects

It has become increasingly difficult to uphold obligations with the present economic situation of the world, especially in relation to capital-intensive projects and projects. How then can parties protect themselves? This is where performance guarantee comes in.

O. M. Atoyebi, SAN FCIArb.(U.K)
July 12, 2024

Contract Law

Analysing the Importance of Certain Contractual Terms in Entertainment Agreements

Clauses, which may be in many different formats, cover almost every area of the organization or business.

O. M. Atoyebi, SAN FCIArb.(U.K)
July 11, 2024

International Trade & Commerce, Contract Law

The Place of Understanding in Modern Commercial Transactions in Nigeria

Over the years and even in recent times, when two or more persons decide to engage in a business venture and/or project together, they usually put pen to paper in a bid to protect their diverse interests, should any issue arise.

O. M. Atoyebi, SAN FCIArb.(U.K)
July 9, 2024

Contract Law, Corporate Law

Artificial Intelligence and Contracts

Would there ever be a time when Artificial Intelligence and preparation of Contracts will be in the same sentence? Yes, and that time is now. Lawyers deserve to enjoy the positivity that has come with the innovation of AI.

O. M. Atoyebi, SAN FCIArb.(U.K)
July 9, 2024

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