Tag: Olugbenga Agboola

A new report has revealed that 74 per cent of Nigerian companies maintain ties to the United States, predominantly for corporate incorporation and fundraising. The newly released report by TLP Advisory, titled ‘Home & Away: Tracking African Tech’s Global Footprints,’ which was presented to the public in Lagos on Saturday, shows that while Nigerian tech startups pulled in $572m in 2025 – accounting for roughly 14 per cent of the continent’s total venture funding-currency depreciation, limited domestic exit options, and investor mandates are forcing many founders to look outward for survival and scale. “Although the US is the most common destination for Nigerian companies’ foreign affiliations, with 74 per cent maintaining ties there, their UK ties more often involve operation...