6 Ways To Promote Your Business in Nigeria
Do you have plans to start a new business this year or you already started one this 1st quarter? Whatever your plans are, I am sure you are excited about your business idea. As you put plans in place to...
The 618 Bees blog
Good guidance.
Better business decisions.
Practical guides to starting, running and protecting your business in Nigeria. Find the answers you need, wherever you are in your business journey.
Running a business
148 articles · Newest first
Corporate Compliance in Nigeria
Business compliance is the process of making sure your company and employees follow all laws, regulations, standards, and ethical practices that apply to your organisation and the industry at large. The...
How to relist a de-listed company in Nigeria
There is a statutory obligation for every company to file its annual returns every year, following the year of incorporation, and for failure to file within the time frame, a penalty for late filing is...
Status of Cryptocurrency business in Nigeria
Cryptocurrency is referred to as any form of currency that exists digitally or virtually and uses cryptography to secure transactions. It is also a digital payment system that does not depend on banks to...
How to obtain a Payment Terminal Service Provider (PTSP) License in Nigeria
A PTSP is an entity or payment channel licensed by the Central Bank of Nigeria (CBN) and saddled with the responsibility of ensuring the fluidity and infrastructural suitability of POS operations....
Validation of Loan Apps with the FCCPC in Nigeria
In Nigeria, money lending has evolved from the traditional banking system to a more flexible and technology-driven system. Money lending business in Nigeria is now characterized by loan apps. For...
Difference between a Limited Partnership (LP) and Limited Liability Partnership (LLP)
Partnership is a formal arrangement made between two or more individuals with a view of making profit. In Nigeria, partnership was previously classified under the business name category without a corporate...
Differences between a Business Name and a Limited Liability Company
For anyone desirous to set up a business in Nigeria, it is important to know the right legal structure for the business of your choice, hence the objects of the business, the capital and the prospects of the...
Bi-Annaul Returns Filing for Non-Profits/Foundations in Nigeria
The trustees of non-profit organisations/Foundations are required to submit to the Corporate Affairs Commission, a bi-annual statement of affairs twice every year. The requirement to file bi-annual statement...
Why filing Annual Returns for your Nigerian Business is mandatory
All business entities registered with the Corporate Affairs Commission (CAC) are required to file Annual Returns every year that they remain in operation. This requirement extends to businesses,...
How to apply for expatriate quota and business permit in Nigeria
Expatriate Quota This is an approval granted to registered firms or organizations to employ the services of expatriates for the purpose of training or enhancing the skills of Nigerians during the period of...
Registration of a company with foreign participation in Nigeria
Section 650 of Company and Allied Matters Act 2020 (CAMA), defines “an alien (foreigner) as a person or association, whether corporate or incorporated, other than a Nigerian citizen or association”. A...
From knowing to doing
Let’s put your next step in motion.
When you need a hand, our team can help you start, run and stay compliant as a business in Nigeria.