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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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...
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....
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...
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...
A trademark is a mark, phrase, word or symbol with which consumers associate with a particular brand, and this sign distinguishes the products and services of one manufacturer from another. Proprietors of...
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...
Section 78 of the Companies and Allied Matters Act 2020, states that “…every foreign company which before or after the commencement of this Act was incorporated outside Nigeria, and having the intention of...
Non-governmental organizations (NGOs) are usually established by like-minded people to promote religious, educational, literary, scientific, social/cultural development, sporting or other charitable causes....
Copyright is a form of intellectual property that gives legal ownership to the author or creator of any tangible work. The protection under copyright only extends to literary works, artistic works, musical...
A company cannot be simply defined as an organization set up to carry out business objectives, but most importantly a company is made up of the “people” who have agreed to work together to foster the goals...
For every registered company, business name, partnership, incorporated trustee, there are certain mandatory compliance requirements to be filed with the corporate affairs commission, which are either filed...
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...
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