One of the most controversial cabinet members in the second term of the administration of President Muhammadu Buhari was Sabo Nanono, a former banker who was the Minister of the Federal Ministry of Agriculture and Rural Development until his sack on September 1, 2021 Unlike his predecessor who was always in the news by ditching … Read more
A Memorandum of Association is a legal document which can be described as the “constitution” of an incorporated company in principle which defines its objectives and powers in regard to its dealing with the outside world. Every legal entity has a set rule guiding its operation and regulations that govern the external relationship of a … Read more
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
According to the Company and Allied Matters 2020, a partnership business is a business that is formed between two to 20 people in which they agree legally to set up and manage a business outfit with the sole aim of making a profit. In this case, the business is formed by partners who legally agree to … 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
Do you know you can use Google My Business to sell more of your products online? The good news: It is one of the free online tools for small business owners. Takeaways Understanding Google My Business It is one of the free business tools designed by Google to enable companies and individuals to make their products and services … Read more
You may have heard about a woman who revealed that she lost more than N3,000,000 in sales during the pandemic. She regretted failing to have fully taken her products online. You don’t have any reason not to start selling online. One of the ways to start doing this is by setting up a Flutterwave store … Read more
Changpeng Zhao, commonly known as CZ, is the co-founder and former CEO of Binance, the world’s largest cryptocurrency exchange by trading volume. Born in China on September 10, 1977, CZ moved to Canada. Early Life and Education His upbringing influenced CZ’s journey into the world of technology and finance. His father, a professor and programmer, and his … Read more
From wigs to weaves and hair extensions, the human hair importation business in Nigeria is more profitable than you think, most especially if you connect with the right foreign suppliers and master the secret of digital marketing to drive tones of sales. One of the major reasons why the beauty industry is cool is that … Read more
Deployment for the N-Power Batch C stream 2 has commenced and the beneficiaries are advised to login into their NASIM portal to know where they’ve been posted. PPA Resumption Date: October 4, 2022 If you’ve completed all the processes discussed on this page, you’re advised to check our guide on how to change your PPA … Read more
Back in my Economics class, we’re taught types of business, the information handed down by our teacher was still very relevant, the only slight changes can be found in the regulatory laws guiding the formation of such businesses. One of the businesses is Limited Partnership (LP) and I’ll be telling you what it entails to … Read more
Nirsal Microfinance Bank (NMFB), the official bank that disburses CBN Targeted Credit Facility (TCF) on Wednesday, August 25, 2021, advised loan applicants to deactivate DND service on their mobile networks. According to the bank, which communicates with applicants of the loan via an SMS, said applicants are unable to know the status of their application … Read more
When social media giant, Facebook, announced on Wednesday, August 25, 2021, that unveiling its digital wallet, some business owners debated whether it will displace the existing payment methods. But that isn’t true. In fact, it would add more options for shoppers to widen a wide range of payment options to choose from. We monitored a … Read more
Nigerians have traded at $8,761,051BTC on two major Peer-to-Peer (P2P) platforms LocalBitcoins and Paxful even as the Central Bank of Nigeria continues to block financial institutions from facilitating all transactions involving bitcoin and other cryptocurrencies. At the time of this report, 1BTC was N25,300,491.36 on Paxful and $48,960.56 on coinmarketcap. While Helsinki-based peer-to-peer bitcoin marketplace … Read more