Samuel Omofojoye

What is Financial Management Financial management is the art and science of managing money effectively within an organization. It involves planning, organizing, controlling, and monitoring financial resources to achieve organizational objectives. This article explores the key components of financial management,…

Lagos State PPA Contractor/Vendor Registration With the assurances by the Lagos State Government, that the procurement systems and award of contracts by the government will be made open and transparent. The Lagos State Public Procurement Agency (LSPPA), has upgraded its…

NNPC VENDOR REGISTRATION REQUIREMENTS Before now, you register with Nigerian National Petroleum Corporation (NNPC) and its sub-units like NPDC, NAPIMS, Port Harcourt refinery, etc one after the other. Today, you can complete all the registration at a point. The Nigerian…

NCEC Registration in Nigeria. The Nigerian Content Equipment Certificate （NCEC） is a certification issued by the Nigerian Content Development and Monitoring Board （NCDMB） to verify that certain categories of equipment used in the Nigerian oil and gas industry meet specific…

What is VAT (Value Added Tax)? Value Added Tax (VAT) is a consumption tax levied on goods and services supplied in Nigeria and imported into Nigeria. It is currently charged at the rate of 7.5%. It can also be defined…

Financial Advisory for Businesses in Nigeria  Financial advisory is a service provided by professionals who offer guidance and expertise on various financial matters to individuals, businesses, or institutions. These professionals, often known as financial advisors or financial consultants, help their…

HOW TO AVOID MULTIPLE TAXATION What is Multiple taxation? Multiple taxation refers to the situation where businesses are subject to various taxes and levies imposed by different levels of government, resulting in a significant burden on their financial resources. The…

How to Register as a POS Operator with CAC The Corporate Affairs Commission (CAC) had, on Wednesday, 8th May 2024,  through its Registrar-General, Hussaini Magaji (SAN), mandated all persons involved in the Point Of Sales (POS) business operations to be…