You feel stranded and need a Nigeria travel visa! You have an emergency or a short business trip that requires you to travel to Nigeria, and you urgently need an entry visa to Nigeria. There is, however, no Embassy of Nigeria in your country of residence, or you need to travel several hours to another … Continued
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Nigeria’s financial landscape has witnessed a remarkable transformation driven by the rise of financial technology (fintech). The concept of going cashless has gained significant momentum, particularly steered by the government’s ambitious pursuit of a cashless economy coupled with the increasing adoption of digital payment solutions. Just a few years after the Central Bank of Nigeria … Continued
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As a business owner, the first thing to do is to register your business and it is important to ensure that you choose the right business structure in Nigeria. In this article, we will look at the various forms of business structure in Nigeria and how to choose the right one. Importance of choosing the … Continued
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In Nigeria, the Companies and Allied Matters Act (CAMA) stipulates that businesses should be registered within 28 days of commencing the business and failure to do so results in a default fee of NGN150 for every day in default up until the business is registered. The body in charge of registering a business in Nigeria … Continued
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Shares are symbols or percentage of ownership in a business. It is allotted to investors in exchange for equity capital. The shares of a company are owned by the shareholders who are also the owners of the business. It is advisable that shares are allocated with proper caution as shareholders are the owners of a … Continued
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As a business owner, contracts are inevitable, and they are one of the effective ways of protecting your business interests. A contract is a verbal or written agreement between two or more parties. There are different types of contracts that a business owner can use to protect their business interest. contracts can be oral or … Continued
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A group of companies are business structures that are created to accomplish specific purposes. It comprises three or more associated companies with common shareholders or ownership. This company becomes the shareholder of the distinct “Group” or companies. In other words, it becomes the holding company. A holding company is a parent company that holds more … Continued
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Introduction Doing business in Nigeria is definitely not something to be taken lightly, but it’s also not rocket science. If you have investments and business plans for Nigeria, it would be smart to have all the necessary information before beginning. There are many questions that investors ask when they are considering doing business in Nigeria. … Continued
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Expatriate quota in Nigeria is granted by the Ministry of Interior to foreign-owned or indigenous companies. The purpose is to enable them to employ or recruit foreign employees to legitimately work and live in Nigeria. Application for expatriate quota can be made upon commencement of business or immediately after incorporation of a company and can … Continued
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A business visa is one of the categories of visas issued to foreigners by the Nigerian Immigration Service (NIS) to travelers who intend to conduct business activities or conduct business meetings that do not constitute labour or gainful employment in Nigeria. It is issued at Nigerian embassies across the world. A business visa also applies … Continued
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