ºÚÁÏÊÓÆµ

Business Advisor Agreement Template for Nigeria

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Business Advisor Agreement

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Business Advisor Agreement

"I need a Business Advisor Agreement for my tech startup in Lagos, engaging a financial advisory firm to provide strategic guidance and investment readiness services starting March 2025, with special emphasis on confidentiality and protection of intellectual property."

Document background
The Business Advisor Agreement is essential for formalizing professional advisory relationships in Nigeria's business environment. This document is typically used when engaging external business advisors, consultants, or advisory firms to provide strategic guidance, market insights, or specialized expertise to businesses operating in Nigeria. The agreement ensures compliance with Nigerian law, including CAMA 2020, tax regulations, and anti-corruption legislation, while protecting both parties' interests through clear terms on confidentiality, intellectual property, and liability. It's particularly important given Nigeria's complex business landscape and the need for professional advisory services in various sectors of the economy.
Suggested Sections

1. Parties: Identification of the parties entering into the agreement, including full legal names, registration numbers, and registered addresses

2. Background: Context of the agreement, brief description of the parties, and purpose of the advisory relationship

3. Definitions: Definitions of key terms used throughout the agreement

4. Appointment and Scope of Services: Terms of appointment and detailed description of advisory services to be provided

5. Term and Termination: Duration of the agreement and circumstances under which it can be terminated

6. Fees and Payment Terms: Compensation structure, payment schedule, and expenses policy

7. Obligations of the Advisor: Duties, responsibilities, and performance standards expected from the advisor

8. Obligations of the Client: Client's responsibilities, including providing necessary information and cooperation

9. Confidentiality: Provisions for handling confidential information and trade secrets

10. Intellectual Property: Ownership and rights related to work products and pre-existing IP

11. Non-Competition and Non-Solicitation: Restrictions on competitive activities and solicitation of employees/clients

12. Representations and Warranties: Statements of fact and promises made by both parties

13. Limitation of Liability: Caps on liability and exclusions of certain types of damages

14. Force Majeure: Provisions for handling events beyond parties' control

15. Governing Law and Jurisdiction: Specification of Nigerian law as governing law and jurisdiction for disputes

16. General Provisions: Standard boilerplate clauses including notices, amendments, and severability

Optional Sections

1. Independent Contractor Status: Clarifies that the advisor is an independent contractor, not an employee - used when there's potential ambiguity about employment status

2. Insurance: Requirements for professional indemnity insurance - used for high-risk advisory services

3. Anti-Corruption Compliance: Detailed anti-corruption provisions - used when advisory services involve government interactions or high-risk sectors

4. Data Protection: Detailed data protection provisions - used when services involve processing personal data

5. International Services: Provisions for cross-border services - used when advisor provides services internationally

6. Key Personnel: Identification of specific individuals responsible for service delivery - used for complex advisory relationships

7. Service Levels: Specific performance metrics and standards - used for ongoing advisory relationships with measurable deliverables

8. Succession Planning: Provisions for transition of services - used for long-term strategic advisory relationships

Suggested Schedules

1. Schedule 1 - Scope of Services: Detailed breakdown of advisory services, deliverables, and timelines

2. Schedule 2 - Fee Schedule: Detailed fee structure, rates, and payment terms

3. Schedule 3 - Key Personnel: List of key individuals involved in providing the services and their qualifications

4. Schedule 4 - Service Levels: Specific performance metrics, reporting requirements, and evaluation criteria

5. Appendix A - Compliance Requirements: Specific regulatory and compliance requirements applicable to the services

6. Appendix B - Confidentiality Agreement: Detailed confidentiality terms and procedures

7. Appendix C - Report Templates: Standard formats for reports and deliverables

Authors

Alex Denne

Head of Growth (Open Source Law) @ ºÚÁÏÊÓÆµ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Relevant legal definitions













































Clauses
































Relevant Industries

Financial Services

Oil and Gas

Technology

Manufacturing

Agriculture

Telecommunications

Healthcare

Real Estate

Professional Services

Education

Retail

Mining

Construction

Energy

Entertainment

Transportation and Logistics

Relevant Teams

Legal

Procurement

Finance

Human Resources

Operations

Strategy

Business Development

Risk Management

Compliance

Corporate Development

Executive Leadership

Project Management Office

Relevant Roles

Business Advisor

Management Consultant

Strategy Consultant

Chief Executive Officer

Managing Director

Business Development Manager

Corporate Strategy Director

Financial Advisor

Operations Consultant

Legal Counsel

Procurement Manager

Human Resources Director

Chief Financial Officer

Risk Management Advisor

Compliance Officer

Project Manager

Industries








Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Business Consultant Agreement

A Nigerian-law governed agreement establishing terms and conditions between a business consultant and client, defining service scope, obligations, and professional relationship parameters.

find out more

Business Advisor Agreement

A Nigerian law-governed agreement establishing terms and conditions between a business advisor and client for professional advisory services.

find out more

Financial Advisory Services Agreement

Nigerian law-governed agreement establishing terms for financial advisory services, incorporating local regulatory requirements and service parameters.

find out more

Advisory Services Contract

A Nigerian law-governed contract establishing terms and conditions for professional advisory services, including scope, obligations, and compliance requirements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: /our-research
Oops! Something went wrong while submitting the form.

³Ò±ð²Ô¾±±ð’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; ³Ò±ð²Ô¾±±ð’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our for more details and real-time security updates.