Editorial Staff 
The Central Bank of Nigeria has confirmed that it is aware that some Nigerians used fake visas and deliberately cancel their air tickets after purchasing Personal Travel Allowance and Business Travel Allowance. Recall that the apex bank mandated financial institutions to make PTA and BTA accessible to Nigerians who need forex to settle important needs … Read more
The world can never forget the year 2020 which some people prefer to call the “pandemic year” because of the agony that came with it, but the COVID-19 outbreak was a success story for some businesses around the world. To the founders of such businesses, they became richer. Forrest Li, the 2021 wealthiest man in … Read more
The Corporate Affairs Commission (CAC) has officially added Limited Liability Partnerships (LLPs) And Limited Partnerships (LPs) And Deployment Of The Registration Solutions On Company Registration Portal (CRP) This is a follow-up to the announcement of the commission on August 19 that it would be adding registrations of two new forms of business in Nigeria provided by … Read more
The cost of registering a company in Nigeria is between N50k-N60k (for a limited liability company between N50k-N1million Share Capital). Part B, sections 18 to 54 of the Company and Allied Matters Act 2020 extensively outlines the key requirements for the formation and registration of companies in Nigeria and the roles of parties involved play. … Read more
The cost of registering an NGO in Nigeria is between NGN120,000 to NGN150K, depending on the agent that handles the registration for you. In a case where you get the time and have a perfect understanding of the process, you would spend less. If you are planning to register a Non-Governmental Organization in Nigeria, your … Read more
If you’re just starting as a real estate investor, you can’t get it right overnight. You would make mistakes. But is it really worth it to make mistakes with your life savings? This is why it is very important to do your due diligence and talk to a professional who perfectly understands the local market … Read more
There are several platforms where you can conveniently exchange gift cards for Bitcoin or your local currency. Some of them include Bidali and Crypto Voucher, among others. During the ember months, you may receive gift cards for shopping from a relative or business partner. When they send you gift cards, how do you convert them … Read more
UPDATE: Almost two years after the bank accounts of some companies and individuals were frozen, Nigeria’s apex bank on Tuesday, July 26, 2023, directed banks to vacate a post-no-debit restriction placed on the affected accounts. In a circular signed by A.M. Barau on behalf of the Central Bank of Nigeria (CBN), directed the banks to notify the concerned … Read more
To the panel of the Young Tycoon Business Competition, selecting who wins the 2021 edition worth $960,000 prize may be a tough decision as two young Nigerian students of Greensprings School, Lagos, Chioma Abone and Emmanuella Ilok, presented their wearable technology that will curb the kidnapping of students in Nigeria. The wearable device which can … Read more
Microfinance banks that trade in dollars, pound sterling, euro, and any other foreign currencies will lose their operating licence, the Central Bank of Nigeria (CBN) has threatened. The threat is a continuous move by the apex bank to sanitise the forex market which had been abused severally. In a circular warning all MFBs in Nigeria … Read more