NIMASA and its impact on society are closely connected to the development and regulation of Nigeria’s maritime sector. The Nigerian Maritime Administration and Safety Agency (NIMASA) is the government agency responsible for the administration, regulation, and development of important aspects…
Oil and gas block licensing rounds provide companies with opportunities to obtain rights to explore and develop petroleum resources within designated areas. In Nigeria, these licensing rounds are conducted under the Petroleum Industry Act (PIA) 2021 and regulatory guidelines issued…
How NUPRC regulates Nigeria’s oil sector is an important question for companies operating or planning to operate in Nigeria’s upstream oil and gas industry. The Nigerian Upstream Petroleum Regulatory Commission (NUPRC) is responsible for regulating upstream petroleum activities, including exploration,…
Why ISO Certification Helps Win Bigger Contracts is a question every business owner planning for growth should consider. In today's competitive business environment, companies are no longer assessed only by the products they sell or the services they provide. Increasingly,…
Why Corporate Governance Matters to Every Business is a question that every business owner, director, manager, and entrepreneur should consider. Many people associate corporate governance with large corporations, publicly listed companies, banks, and multinational organisations. However, corporate governance affects businesses…
Why should audit matter to every business owner? Audit should matter because the success of a business depends not only on how much revenue it generates, but also on how accurately its financial position is understood, how effectively its resources…
Tax disputes can arise at any stage of a business’s relationship with a tax authority. An assessment may be issued after a tax audit, a demand notice may be received for alleged unpaid taxes, or a taxpayer may disagree with…
The Computer Professionals (Registration Council of Nigeria) (CPN) regulates the computing profession in Nigeria. For IT professionals, graduates, students and other eligible applicants, being recognized by the Council can support professional credibility and career development. The process involves choosing the…
Tax mistakes can trigger audits, penalties, and disputes, even when they are made unintentionally. Tax compliance is an important responsibility for every individual and business. Taxes are expected to be calculated correctly, reported accurately, and paid within the required deadlines.…
NCDMB certification requirements for oil companies are designed to ensure that companies participating in Nigeria’s oil and gas industry comply with Nigerian content regulations and demonstrate the required local capacity. The Nigerian Content Development and Monitoring Board (NCDMB) uses the…