NIPEX AUDIT REQUIREMENTS NIPEX (Nigerian Petroleum Exchange) is an electronic one-stop transaction centre that improves on value procurement in the oil and gas industry and institutionalizes world-class contracting processes in Nigeria. The Nigerian Petroleum Exchange (NipeX) is a Division of…
E-Tranzact and FIRS e-Invoicing The Federal Inland Revenue Service (FIRS) has taken another bold step in Nigeria’s tax reform agenda with the rollout of e-invoicing and the Electronic Fiscal System (EFS). At the heart of this new process is E-Tranzact,…
Procedure for BPP registration in Nigeria Public procurement plays a vital role in national development. In a country like Nigeria, where public contracts account for a significant portion of government spending, there must be a strong regulatory body to ensure…
Non-Resident Ship and Cargo Operators Nigeria’s 2025 Tax Concerns Foreign airlines and shipping companies have always played a major role in Nigeria’s economy. Whether moving passengers, livestock, or goods, these operators generate significant revenue from Nigerian activities. For years, taxation…
How to Get NIMASA Certificate in Nigeria The Nigerian Maritime Administration and Safety Agency (NIMASA) is the regulatory authority responsible for ensuring safety, security, and professionalism within Nigeria’s maritime sector. One of its key functions is the training and certification of seafarers…
Risks of Using Your Business Bank Account for Personal Transactions Risks of Using Your Business Bank Account for Personal Transactions: In Nigeria, it is not uncommon for business owners—especially in the SME space—to use their company’s bank account for personal…
TYPES OF BUSINESSES THAT REQUIRES SCUML SCUML Registration Categories in Nigeria is important for Businesses that falls under the EFCC Classification. SCUML stands for Special Control Unit Against Money Laundering and it is issued by the EFCC (Economic and Financial…
Procedure for NOGIC JQS Registration Procedure for NOGIC JQS Registration begins with understanding its importance in Nigeria’s oil and gas sector. The Nigerian Oil and Gas Industry Compliance Certificate (NOGIC JQS) is an essential document for businesses operating in Nigeria’s oil and…
NNPC VENDOR REGISTRATION PROCEDURE 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…
I NEED TIN (Tax Identification Number) Obtaining a Tax Identification Number (TIN) is a critical requirement for individuals and businesses seeking to operate within the formal economy in Nigeria. Whether you are a freelancer, digital content creator, startup founder, or…