is crowdfunding legal in nigeria 
all micro small and medium enterprises incorporated as companies in nigeria with a minimum two year operating track record are eligible to raise funds through a crowdfunding portal in exchange for the issuance of shares debentures or such other investment instrument as the commission may determine from time to time 17the bottom linethe digital age has given rise to crowdfunding a unique method for organizations and individuals to raise capital from a large group of people for those seeking funds it involves creating a compelling pitch and setting a target on a crowdfunding site like gofundme indiegogo or kickstarter while large donations are beneficial it s often the many smaller contributions that help capital seekers reach their goals 