Most times, small business owners are preoccupied with their daily multi-tasking activities, thereby ignoring or paying less attention to record-keeping. Of course, an SME owner isn’t a superman or woman, yet the same proprietor is the accountant, stock keeper, manager, and driver. But ignoring to keep a financial record could be detrimental to the long-term … 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
You landed on this page because you’re wrongly debited by the Corporate Affairs Commission (CAC) via its payment platform remita, don’t be disturbed because you’re not alone there and this post will guide you on how to request a refund from CAC. Who can request a refund from CAC? Requesting a refund from the commission … Read more
PDF files are very useful for creating and editing documents such as magazines, brochures, or posters with an attractive appearance. And they are also widely used in the Administration. Consequently, PDF has become the most popular editing format in recent years, especially since Adobe made it an open standard. However, the format has a bit … Read more
To many Nigerians, the Government Enterprise & Empowerment Programme (GEEP) was active before the 2019 general elections, not knowing that a lot of credit facilities are still going on across the country. You just have to connect with the right information. Another batch of the programme, according to the information we received from the National … Read more
One of the biggest credit facilities supported by the Central Bank of Nigeria is Agric-Business Small and Medium Enterprises Investment Scheme (AGSMEIS). It isn’t just designed to make Nigeria self-sufficient in what we consume, but also to reduce the rate of unemployment across the country. As an applicant, you must either have an existing agri-business … Read more
The story of Liquorose, one of the housemates of the Big Brother Naija Season 6 is one that caught our attention while going through her beginning and how she turned her passion to a multi-million naira business despite the odds. In this biography, we will be looking at how one of the founders of Girls … Read more
UPDATE: Bank accounts of six forex trading companies that were frozen in 2021 have now been unfrozen by Nigeria’s apex bank on Tuesday, July 25, 2023 in a circular by the bank. The Central Bank of Nigeria has placed post-no-debit (PnD) on the accounts of the foreign exchange trading platforms for suspected violations of the … Read more
It will cost you at least N25,000 (about $18 USD) to register your business name in Nigeria through an accredited agent of the Corporate Affairs Commission, but you may not need the services of an agent if you can follow the guidelines and instructions set by the commission. If you register yourself, you will save at least … Read more
In the 80s and 90s, most small business owners went to cafe or had printing machines at home to make photocopies of important documents or files of their business. Sales, debit, income, and other important records were handwritten in the record book to keep track of products in their store. That has changed. The advancement … Read more