Nigeria is largely known as a net exporter of crude oil, but another cash cow is usually not mentioned: the export of non-oil commodities that present opportunities for investors. The market value of non-oil commodities exported from Nigeria as of 2022 was estimated at US$ 5.6 billion, 39.1% more than the previous year. The export … Continued
Read More
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
Read More
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
Read More
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
Read More
On the 19th of October, 2022 President Muhammudu Buhari signed the Nigerian Startup bill into law to be known as the Nigerian Startup Act 2022. The purpose of this law is to create a legal framework for the development of startups, develop and grow technology-related talents and ultimately position the Nigerian startup ecosystem as the … Continued
Read More
Nigeria is Africa’s largest economy, the sixth largest population in the world, and a good country to invest in. According to Wikipedia, as of January 2022, Nigeria had a population of 215 million (approximate) with young people in the 0-14 age group representing 42-54% while the 15-35 age range also represents 36%. The population is … Continued
Read More
Are there any investment Incentives in Nigeria? Nigeria, an entrepreneurial population with innovative, creative, and highly resilient has conveniently been established as a frontier market for bullish investors and its GDP flow has convincingly made her Africa’s largest economy. To continue to attain the spot of Africa’s Largest economy as a large and competitive market … Continued
Read More
The director of a company is a person that is charged with the responsibilities of managing the business of a company. Removal of a company director is made by an ordinary resolution. It is important to carefully follow due process otherwise the removal would be invalid in law and non-compliance with the procedure for the removal … Continued
Read More
Fintech is an acronym for financial technology. It has been a thriving aspect of Technology in the past few years. It is a term used to describe the use of technology to improve financial services. Fintech is a rapidly growing space with a lot of opportunities as finance cannot be dispensed with. Fintech makes financial … Continued
Read More
Businesses in Nigeria are well-regulated by various Nigerian Government Agencies. However, some Government Agencies work or regulate all businesses regardless of the sector or nature of business while others are specific to a particular sector. This article aims to help you identify the various regulatory agencies and how they apply to different businesses. The Agencies … Continued
Read More