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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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
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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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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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Ghana and Nigeria are the top destinations when it comes to doing business in West Africa. Both countries receive a significant portion of foreign direct investments (FDIs) entering the sub-region. Thisis particularly so in Ghana because of her stable political environment, young population, high level ofsecurity, and a growing economy despite external shocks. Most Nigerian … Continued
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