What is an Audit Report? An audit report is a formal document prepared by an independent auditor after conducting an examination and assessment of an entity's financial statements and related information. It serves to provide an opinion on whether the…
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 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…
