The 618 Bees blog
Practical guides to starting, running and protecting your business in Nigeria. Find the answers you need, wherever you are in your business journey.
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What Is a Payment Service Solution Provider (PSSP)? Payment Service Solution Providers in Nigeria are the collective number of firms that make up Nigeria’s primary e-payment framework that have been licensed...
What is NIPC? – NIPC is the Nigeria Investment Promotion Commission, a Commission responsible for promoting, coordinating, and monitoring investments in Nigeria. NIPC registration is crucial for businesses...
WHO IS A PSC (PERSON WITH SIGNIFICANT CONTROL)? A person with significant control (PSC) is referred to as the beneficial owner/ultimate person who exercises significant influence or control over a company or...
A payment terminal service provider is a fintech company licensed by CBN which has the responsibility of providing POS terminals, its support and maintenance services to customers. Under the new license...
Under the new license categorisation for Nigerian payment service providers issued by the Central Bank of Nigeria on the 9th of December, 2023, four categories were made to streamline the permissible...
Business succession planning is a series of logistical and financial decisions about who will take over your business upon retirement, death, or disability. One of the biggest challenges you will face as a...
Legal support services help small business owners achieve their goals with expert advice and skilled representation. It is best to have law support on your team before problems arise so your business is...
The start of a new year is a great time to take stock of where your business currently stands and turn your attention to the future. It is a great time to assess your business goals for the year to come, and...
From my experience of managing 618 Bees, the end of the year business evaluation is something I really dread. For a lot of businesses, particularly SMEs, this time of the year is a busy one as they are in...
Citizenship is a status that is legally granted to an individual by a state which enables said individual to enjoy the privileges and responsibilities that comes with that status. There are three ways in...
A Special Immigrant Status (SIS) is the approval given to foreigners that are married to Nigerian Women for the purpose of residing in Nigeria. To qualify for SIS, the applicant must have been married to a...
The Ministry of Interior Affairs and in particular, the Citizenship and Business Department of the Nigerian Immigration Service has the responsibility for administering and enforcing the provisions of the...
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