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Founder Institute’s First Startup Legal Session Comes Up on 23rd of January

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All is now set for the Stanbic IBTC Founder Institute Lagos first Startup Legal – a session with experienced legal experts passionate about startups and enterprise development in general.

 

This is in line with the institutions tradition of continuously adding value to the ecosystem.

 

Join Sandra Oyewole, Partner, Olajide Oyewole LLP; Chinwike Ezebube, Lawyer, Tochukwu Onwugbufor & Co (SAN) & Timi Olagunju; Senior Consultant, Grounds Consulting at the 2020 Startup Legal Session which comes up by 5pm on 23.01.2020 at NG Hub, Yaba.

 

In this session, participants will learn the basics of setting up a Limited Liability Company. The concept of shareholding, company membership and directors.

 

They will learn about various types of incorporation and how it creates a juristic personality that is different from the founders.

 

The session will also explore the concept, role and dynamics of a co-founding relationship. The type of relationship that exist between cofounders and how best to structure a co-founding agreement, taking into cognizance such concepts as vesting arrangements and majority shareholding.

 

Participants will be taken through a crash course on Intellectual Property and the different classes of intellectual property rights that exist, when and how to apply them. Plus, learn how to ensure they secure ownership rights for their inventions and technology products

 

Chukwuemeka Fred Agbata Jnr, regional director, Founder Institute, shares more on how this legal session will add value to the Ecosystem.

 

“Founder Institute has a global tradition of value, which simply means look out for the good of the entire ecosystem, irrespective of affiliation or relationship.

 

“FI Lagos is not any different, we want the entire ecosystem to benefit from this session regardless of whether or not they are part of the global FI family”. He concluded.

 

A grasp of various Legal matters will help founders to ensure that they are not labouring in vain for third parties.

 

The session will highlight the different agreements that are necessary for startups to properly regulate their business relationships across a wide range of interests. Ranging from Non-Disclosure and Non-Circumvent Agreements, Shareholders Agreement, Software Licensing Agreements, Intellectual Property Assignment Agreements, Terms of Use, Employment Contracts (distinguishing between a Contract of Service and a Contract for Services), etc.

 

Finally, participants will learn the different taxes that apply for their business. The session will explore the concepts of Tax Avoidance and Evasion as well as explore existing tax incentives that apply to their businesses.

 

Startups should remember, that it is NOT advisable to launch their enterprise or go into partnerships WITHOUT some form of legal counsel and this is precisely what Founder Institute is offering to them at this session completely free of charge.


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Ugo Onwuaso is an ICT enthusiast. He believes technology should be used for general good. He holds a Master of Public Administration (MPA) degree from the Lagos state University. Dear Reader, Your support matters. But we believe that technology makes life more exciting and helps improve the lives of people around Nigeria and indeed the world. That is why, we have devoted our energy to independent reportage of technology and finance and how they affect lives. Our incisive and analytical view of how technology news affects the daily life help individuals and organizations make up their minds. Quality journalism costs money. Today, we're asking that you support us to do more. Kindly support our effort to deliver technology and finance journalism to everyone in the world. Donate as little as N1,000. Bank transfers can be made to: UBA Plc 1017156876 Communication Week Media Ltd

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xAI Faces Backlash Over Grok’s ‘Digital Undressing’ Images

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Elon Musk’s xAI is under intense scrutiny after its AI chatbot, Grok, generated a flood of sexually explicit images through user prompts known as “digital undressing,” including some appearing to depict minors.

xAI Faces Backlash Over Grok's 'Digital Undressing' Images

Grok

Users have exploited Grok to strip clothing from images—primarily of women, often real individuals—and pose them suggestively. Reports from last week highlighted cases involving apparent underage subjects, sparking alarms over child sexual abuse material.

This incident amplifies risks of unregulated AI on social platforms. Critics argue it breaches local and global laws, endangering vulnerable people, especially children.

xAI and Musk claim swift measures on X, such as content removal, account bans, and law enforcement collaboration. Yet, Grok persists in producing sexualised women’s images despite these pledges.

Musk’s public disdain for “woke” AI and censorship, coupled with reported internal resistance to Grok safeguards, fuels the fire. xAI’s diminished safety team reportedly shrank just before the surge.

Unique Integration Sparks Spread

Unlike Google’s Gemini or OpenAI’s ChatGPT, Grok embeds directly into X, enabling public tagging and instant, visible replies. This accelerated non-consensual image sharing.

The trend ignited in late December with bikini requests, escalating to explicit manipulations without consent. Research reveals over half of Grok’s people images show minimal clothing—mostly women—with a disturbing fraction featuring apparent minors.

Grok has honoured some underage explicit prompts, clashing with xAI’s policy against sexualisation or child exploitation. Enforcement remains spotty.

Grok later admitted safeguard failures, deeming such content illegal and banned, while urging reports to authorities. Musk vowed repercussions for violators.

Regulatory Scrutiny Mounts

Detractors link Musk’s anti-moderation views to lax controls, noting his resistance to image-tool limits amid rising internal red flags.

Global regulators respond: Europe, India, and Malaysia probe; Britain’s media watchdog urgently engages Musk’s firms over explicit and child content.

Experts note existing tech can curb misuse but demands compromises like delayed replies and rigid filters. Absent these, platforms invite grave harm.


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NCC, CBN Unveil Refund Framework for Failed Airtime, Data Transactions

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Nigerian Communications Commission (NCC) and Central Bank of Nigeria (CBN) have finalized a consumer protection framework to swiftly resolve complaints from failed airtime and data purchases caused by network outages, system errors, or user mistakes.

NCC, CBN Unveil Refund Framework for Failed Airtime, Data Transactions

NCC, CBN

Developed after months of consultations with Mobile Network Operators (MNOs), Value Added Service (VAS) providers, Deposit Money Banks (DMBs), and other stakeholders, the framework responds to surging reports of debits without service delivery and prolonged resolution delays.

It unites telecom and financial sectors by pinpointing root causes—like debits without service credits—and enforces a Service Level Agreement (SLA) defining roles for all parties in transactions and refunds.

Key provisions include refunds within 30 seconds for debited but undelivered airtime or data (extendable to 24 hours for pending cases), mandatory SMS notifications on transaction status, and remedies for errors such as recharges to ported numbers, wrong purchases, or misdirected transactions.

NCC Consumer Affairs Director, Mrs. Freda Bruce-Bennett, highlighted a new Central Monitoring Dashboard, co-hosted by NCC and CBN, for real-time tracking of failures, culprits, refunds, and SLA violations.

“Failed top-ups are among the top three consumer complaints. True to our mandate, we prioritized a rapid solution,” she stated.

Bruce-Bennett thanked stakeholders, especially CBN leadership, noting that MNOs and banks have already refunded over N10 billion pending formal approval.

Implementation begins March 1, 2026, following regulator approvals and technical integrations by MNOs, VAS providers, and DMBs.


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NASENI Launches Inter-Agency Innovation Competition for MDAs

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National Agency for Science and Engineering Infrastructure (NASENI) has announced the launch of an Inter-Agency Innovation Competition and Awards to stimulate creativity and technological advancement among Ministries, Departments and Agencies (MDAs) of the Federal Government.

NASENI Launches Inter-Agency Innovation Competition for MDAs

NASENI

In a statement issued on Wednesday in Abuja, NASENI said the initiative was designed to harness innovative ideas from public servants that can drive indigenous industrialization, job creation and national progress.

According to the agency, the competition will provide a platform for MDAs to propose solutions in critical sectors such as health, agriculture, education and infrastructure, leveraging science and technology to improve public service delivery and enhance the quality of life for Nigerians.

“The competition seeks to promote collaboration and creativity among MDAs while addressing pressing national challenges through innovation,” the statement said.

NASENI urged interested MDAs to submit their entries through its innovation portal at naseni.gov.ng/innovation.

The agency reiterated its statutory mission “to develop and maintain a dynamic infrastructure to drive Nigeria’s indigenous industrialization, job creation and national progress,” adding that the competition would further strengthen efforts to unlock the nation’s potential through science and technology.


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