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.
