Overview
At the cutting edge of Nigeria’s digital economy – where emerging technology meets legal authority
Aluko & Oyebode advises technology companies, AI developers, digital asset platforms, blockchain companies, and technology investors on the rapidly evolving legal landscape for emerging technologies. We combine deep technology sector expertise with sophisticated understanding of AI, blockchain, cryptocurrencies, and digital innovation.
Our technology practice spans software licensing and SaaS, AI governance and regulation, blockchain and distributed ledger technology, cryptocurrency and digital assets, NFTs and tokenisation, cloud computing and data centres, technology M&A and venture capital, cybersecurity regulation, and fintech technology platforms. We navigate Nigeria’s emerging technology regulation, SEC digital asset rules, CBN cryptocurrency frameworks, NDPC data protection, and AI governance frameworks.
Services
AI & Machine Learning
AI governance frameworks, algorithmic transparency and explainability, AI ethics and bias mitigation, AI liability, AI-powered products and services, and regulatory compliance for AI systems in regulated sectors.
Blockchain & Cryptocurrency
Digital asset platforms and exchanges, cryptocurrency regulation and SEC compliance, blockchain protocol development, smart contracts, tokenisation of assets, DeFi protocols, and virtual asset service provider licensing.
Technology Transactions & Licensing
Software development and licensing agreements, SaaS agreements, API licensing, open source compliance, technology transfer and IP licensing, cloud computing contracts, and technology procurement.
Technology Sector M&A & Investment
Venture capital in technology startups, growth equity in tech companies, acquisition of technology businesses, acqui-hires, and due diligence on technology IP and platforms.
Data Centres & Cloud Computing
Data centre development and operations, cloud service agreements, data sovereignty and localisation, service level agreements, and data centre M&A and financing.
Selected Experience
Digital Asset Exchange — Regulatory Framework
Advised on regulatory frameworks for virtual assets and cryptocurrency platforms in Nigeria, structuring compliance with the Investments and Securities Act 2025, AML/CFT controls, customer protection measures, and the evolving classification of digital assets as securities.
First Ally Capital / Mines.IO — AI-Powered Credit Scoring Acquisition
Acted for First Ally Capital Limited on its acquisition of a majority equity stake in Mines.IO Nigeria Limited—a fintech leveraging artificial intelligence, data, and financial analytics for credit solutions to individuals and small businesses.
Fintech Commerce Platform — US$110 Million Series C (Unicorn)
Acted as Nigerian counsel to a leading fintech-enabled digital payments and commerce platform on its US$110 million Series C funding round—with subsequent extensions contributing to a total Series C exceeding US$200 million and elevating the platform to unicorn status.
Client Quotes
“Aluko & Oyebode’s track record and knowledge of the industry stand out.” — Chambers Global 2025, Projects & Energy,
“Aluko & Oyebode are very thorough in their legal advice.” — Legal 500, Energy & Natural Resources.
Awards and Accolades
Band 1 in IP & TMT, reflecting top-tier capability across technology, media, and telecommunications.
Chambers Global 2025
Recognised in TMT, underscoring depth across technology transactions, data protection, and digital regulation.
Legal 500 EMEA 2025
Multiple firm and individual recognitions across technology and fintech-related mandates.
ESQ Nigerian Legal Awards