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…
DUNS Number Registration in Nigeria DUNS NUMBER REGISTRATION (Data Universal Numbering System) is a unique identifier for businesses, provided by Dun & Bradstreet (D&B). It is widely used for credit reporting and is essential for companies seeking to establish credibility…
PROCEDURE FOR ISO CERTIFICATION IN NIGERIA In Nigeria, organizations can obtain ISO (International Organization for Standardization) certification for the validation of the efficiency and effectiveness of quality management by following a structured process that aligns with international standards. ISO is…
Requirements for NCEC Registration 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…
Requirements for 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…
Types of Taxes Relevant to Multinationals Types of Taxes Relevant to Multinationals Nigeria, Africa’s largest economy, offers significant opportunities for multinational corporations (MNCs) in sectors like oil and gas, telecommunications, technology, and manufacturing. The 2024 tax reforms, enacted through the…