The fees of annual filing for a Registered Company and a Business Name are N5,500 for annual filing and N5,000 penalty for late filing, making N10,500 per year. The cost excludes charges of accredited CAC agents. Instead of paying a fine of N5,000 for each year you missed for failing to file your returns, wouldn’t […]
Requirements and Cost of Filing Annual Returns in Nigeria Read More »
The most-watched reality Tv show is getting hotter as millions of followers of the show can now cast their votes to save their favourite from possible eviction. Unlike the previous edition where votes were through SMS (when voters had to incur SMS charges) the voting in the Big Brother Naija 2021 is online and through
The recent N250,000,000,000 Gas Intervention Fund by the Central Bank of Nigeria (CBN) is one of the several financing programmes for a quick economic recovery. The essence of the gas fund is to support the propagation of gas while creating massive jobs for millions of unemployed Nigerians through access to financing. Nigeria’s government is implementing
15 Key Points To Include in CBN Gas Intervention Fund Application Read More »
It’s no longer news that all the financial institutions in Nigeria have set up teller points for foreign exchange sales in furtherance of guidelines handed down by the Central Bank of Nigeria to them (CBN) to sanitise the forex market. One of the actions of the apex bank on July 27, 2021, was that it
Micro, Small, and Medium Enterprises (MSMEs) can never forget the economic effect of the covid-19 pandemic on their businesses. But the business policies of Nigeria’s apex bank are most likely to put smiles on the faces of such business owners going by the latest 27-page guidelines handed down by the Central Bank of Nigeria (CBN)
11 Practicable Ways MSMEs Will Benefit From New CBN Guidelines for CGCs Read More »
Nigeria’s apex bank isn’t backing down to reduce the influence of Bureau De Change operation on foreign exchange in Nigeria, research showed that banks now receive more than 200% of forex supply from the Central Bank of Nigeria (CBN). “No country in the world leaves its forex market in the hands of black marketers without
UPDATE: CBN Pumps More Dollars To Banks To Meet High Forex Demand Read More »
It’s exciting to know that financial institutions in Nigeria are deepening their interest in supporting micro-traders through soft loans. The latest on the list credit facility available for small business owners is ‘I Go Trade’ which was launched by Sterling Bank, where SMEs and artisans can access up to N300, 000 It is a new
3 Easy Steps To Apply For Sterling ‘I Go Trade’ Collateral-Free Loan Read More »
Have you ever been caught in the web of banking glitches? Like when you’re debited for performing a transaction that isn’t executed. What exactly did you do when this happened to you? Report to your bank and wait for several weeks without a solution to your complaint? For those who earlier submission application for BDC
15 Details to Include When Reporting Failed Transactions to CBN Read More »
Before the latest policy of the Central Bank of Nigerian on the sales dollars and other foreign currencies to Bureau de Change operators, there were individuals who submitted applications for BDC operating licence to the apex bank, they can now apply for a refund. This followed the announcement by the apex bank that no fresh
Bureaux De Change operators are not backing down despite the decision of the Central Bank of Nigeria (CBN) to stop the sales of forex to them. They stated this Thursday, July 29, 2021, in Abuja after Godwin Emefiele-led CBN declared that some of the operators are conduits for money laundering and diverted the forex meant for
CBN Has Not Banned BDCs From Trading Forex – BDC Operators’ President Read More »
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