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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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
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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
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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
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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
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The Nigerian Investment Promotion Commission (NIPC) was established by the Nigerian government to encourage, promote and coordinate investments in the Nigerian economy. Foreign-owned companies intending to carry on business in Nigeria are expected to register with the NIPC and enjoy some incentives provided by the government to them such as tax holidays for a certain … Continued
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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
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Nigeria has over the years experienced a rise in the gaming and betting industry which has further developed with the increase of mobile and internet penetration coupled with the availability of payment platforms provided by Fintech Companies. The first step to starting a gaming and betting business in Nigeria is to register the company with … Continued
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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
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