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…
THE ROLES OF NSITF IN NIGERIA What is NSITF (Nigeria Social Insurance Trust Fund)? The Nigeria Social Insurance Trust Fund is a proactive and employee dedicated government institution committed to the welfare of employees in the event of work related…
Regulatory Compliance Certificates Contact us to process your compliance certificates which includes; NSITF (Nigeria Social Insurance Trust Fund) Certificate ITF (Industrial Training Fund) Certificate PPA (Public Procurement Agency) Certificate FIRS Tax Clearance Certificate PENCOM (National Pension Commission) Certificate SCUML (Special…
What is SCUML Certificate? SCUML stands for the Special Control Unit against Money Laundering, and it operates under the Economic and Financial Crimes Commission (EFCC) in Nigeria. SCUML registration is required for different entities engaged in certain designated non-financial businesses…
The Role of Auditing and Internal Controls What is Auditing? Auditing is a systematic process of examination and evaluation conducted by independent professionals to verify the accuracy, reliability, and completeness of financial information, transactions, systems, and processes within an organization.…
What is Forensic Auditing? Forensic auditing is a specialized field of accounting that focuses on investigating financial records, transactions, and activities to uncover fraud, embezzlement, financial misstatements, and other irregularities. It involves applying accounting, auditing, and investigative techniques to analyze…
3 Deadly Mistakes to Avoid as a Business Owner in Nigeria
What are Intangible Assets? What are Intangible Assets? They are the intellectual property a company owns that they can use to generate value for the business over time. Intangible assets are those assets that are not available in physical form…
POS Operators CAC Registration The Federal Government of Nigeria has issued a directive that all point of sale (POS) operators get registered with the Corporate Affairs Comission or risk prosecution. Registration must be done before 7th of July, 2024 …
CBN Introduces Cybersecurity Levy on Electronic Transactions In a bid to fortify Nigeria's digital financial ecosystem against evolving cyber threats, the Central Bank of Nigeria (CBN) has mandated all banks to implement a 0.5% cybersecurity levy on electronic transactions within…