Acorn & Mustard

  Why is Succession Planning Important Chadwick Boseman, who played the role of the Black Panther–King T'challa–is one of Marvel’s most iconic characters and, I dare say, the most charismatic King in the Marvel universe. He embodied the role and got the entire world crossing arms to say “Wakanda forever”. Unfortunately, his promising career was cut short by colon cancer in 2020 and this left the whole world in shock. Recently, it was  reported  that Chadwick Boseman's estate lost over $900,000 to legal and other fees due to the dispute over his inheritance. This happened because Chadwick Boseman died without leaving a Will–essentially, dying intestate. As a result of dying intestate, his wife and parents went to court to contend for entitlement to his estate which was originally worth about $3.8 million. Parties settled amicably and the sum of $2.3 million that was left after legal and other fees, including inheritance taxes, was shared equally between his wife and his pa...

  What is Copyright and why is so important? Copyright is a type of intellectual property right that gives the owner the exclusive right to use, copy and distribute creative works. Protection of intellectual property rights is very crucial to any  start-up’s success  since the value of tech and entertainment start-ups is often based on how valuable their intellectual property is. Copyright -which is a category of intellectual property rights- protects original works of authors (i.e, software developers, songwriters, composers, producers, artists, etc.) that have been fixed in any definite medium of expression. For a work to be eligible for copyright protection, it must be in a tangible medium such as software codes, songs, movies and it cannot be abstract or an idea. In Nigeria, any work that qualifies for copyright protection belongs to its author. As a result, the freelancer who was hired to create an app actually owns the copyright to the codes used to create it, and t...

  INTRODUCTION Nigeria has the most FinTech unicorns in Africa, with five out of the seven  African unicorns  being Nigerian companies, and two of three  Nigerian unicorns  for 2021, being FinTech companies. This is the direct result of many innovative founders who keep creating new approaches for improving financial inclusion and solving the existing problems in financial services. What is a FinTech company and what do these companies do? FinTech means financial technology, and it is used to describe any technology that is deployed to assist financial service providers by automating the use and delivery of financial services.   Originally , (i.e., some 20 years ago) it meant the backend technology deployed by established financial institutions. The definition has changed as FinTech services have become more consumer-oriented. FinTech now includes sectors and industries such as retail banking, investment banking,  education , fundraising, investment m...