Procedure for NIMASA Registration 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 in…
How to Avoid Tax Clearance Problems Tax clearance certificates (TCCs) are essential documents in Nigeria, often required for accessing government contracts, loan applications, license renewals, expatriate quotas, and more. However, many businesses and individuals struggle to obtain them due to common…
How Individuals Can Take Advantage of the New Tax Reforms in Nigeria The Nigeria Tax Reform Acts of 2025: the Nigeria Tax Act (NTA), Nigeria Tax Administration Act (NTAA), Nigeria Revenue Service (Establishment) Act (NRSA), and Joint Revenue Board (Establishment)…
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…