Author: Aderonke Alex-Adedipe
Aderonke Alex-Adedipe
Aderonke Alex-Adedipe is the Managing Partner and co-founder of Pavestones, a full service corporate and commercial law firm with particular interest in Technology and Foreign Investment. She has extensive experience advising local and foreign firms in the technology eco-system including one of the world’s largest technology firms on the Nigerian regulatory environment. Aderonke holds a Bachelor of Laws degree from Obafemi Awolowo University and a Master of Laws degree from George Washington University. She is currently the Legal Director (Non-Executive) of the Women-in-Tech Global Movement (Nigeria Chapter).
As artificial intelligence (AI) continues to revolutionize industries worldwide, its adoption among Nigerian businesses is gaining significant momentum. In Nigeria, businesses across various sectors, including finance, healthcare, and digital services, are increasingly adopting AI technologies to improve operational efficiency, drive innovation, and gain a competitive edge in both local and global markets. While the benefits of AI adoption are vast and transformative, they also bring forth significant legal and governance challenges. The absence of comprehensive regulatory frameworks, concerns over data privacy and protection, and the need for ethical guidelines present challenges that Nigerian businesses must navigate carefully when adopting AI.…
INTRODUCTION The effect of digitization over the last decade has been widespread, and cuts across various aspects of daily life and by implication, the global economy. This has resulted in digital trade and e-commerce, which has greatly influenced and changed the concept of trade in many ways, both on a local/small scale and at an international/large scale. Digital trade has facilitated multinational value chains; blurred the pre-existing boundaries between the sale and delivery of goods and services and forced a realignment of legal and regulatory structures to capture the benefits of this digital economy. Harnessing Digitisation To Enhance Trade In…
Introduction The adoption of Cryptocurrency has gained significant traction in Nigeria over the years, serving as a store of value to hedge against inflation and as an investment tool for increasing wealth. It has also become a medium for international transfers, where individuals send cryptocurrency to family members in Nigeria who in turn convert it to local currency. Despite its popularity, cryptocurrency usage has not been without challenges. In this newsletter, we examine the regulation of cryptocurrency in Nigeria and outline the steps businesses must take to operate within the country in compliance with existing regulations. Crypto Regulation in Nigeria…