Nigeria: Patent

Intellectual property (IP) assets such as trademarks, copyrights, or patents form a critical part of a company's overall assets. Categorized as intangible assets, IP assets play a key role in defining a business' competitive advantage, brand value and investment value amongst others.

For most tech startups, the real asset is not a sleek office or shiny gadgets; it is intellectual property (IP). Your code, brand, and ideas are the foundation of value. But if you don't secure ownership, that foundation can collapse overnight.

In our last Newsletter, we highlighted how licensing external tech can help you grow without losing focus on your core business objective. Now, let's flip the script, what if your IP could do the heavy lifting?

On 27 March 2025 the Federal Republic of Nigeria became a member of (UPOV). Nigeria deposited its instrument of accession to the International Convention for the Protection of New Varieties of Plants...

The World Intellectual Property Organization (WIPO) defines Intellectual Property (IP) as creations of the mind and encompassing various creative outputs from works of art to inventions, computer programs to trademarks and other commercial signs.

Over the years, Nigeria has seen a number of successful initiatives to advance intellectual property (IP) rights.

On 24th October, 2024, the Federal Executive Council approved the Creative Economy Development Fund (CEDF) and the implementation of the Intellectual Property (IP)...

In today's fast-paced and highly competitive business landscape, startups are often at the forefront of innovation, driving growth with fresh ideas and cutting-edge technologies.

Generally, the law of intellectual property regulates the legal rights over certain kind of property which are developed by the exertion of the creative intellect.