Ditching the Dollar: Why countries are abandoning US dollar
For more than three decades, the US dollar has been the dominant currency in global trade. However, in recent years,…
Creditor: meaning, types and more
Who is a creditor? A creditor is an individual or organization that lends money or extends credit to another party.…
Liquidation: meaning, types and more
What is liquidation? Liquidation is a term that is often used in business and financial contexts, but it can be…
Winding up a company in Nigeria
Understanding the process Winding up a company is a legal process that involves dissolving a company and distributing its assets…
A Review of the Nigerian business facilitation Act
The Nigerian Business Facilitation Act was signed into law on 14 February, 2023. The Act is a new legislation that…
Hostile takeover: meaning, how it works and more
The business world is not always a bed of roses. Growth-hungry companies have a vast array of opportunities to reach…
Withholding tax in Nigeria: Key details
What is withholding tax? Withholding tax are taxes deducted at the point of payment for goods and services or gaining…
Partnership in Nigeria: Everything that you need to know
Partnerships have been the driving force behind many successful ventures in Nigeria. They have enabled businesses to pool resources and…
South Africa vs Nigeria: Economy comparison
With a combined economy of over 800 billion US Dollars, South Africa and Nigeria are two of Africa’s largest economies.…
Types of taxes in Nigeria for businesses
Running a business in Nigeria can be quite challenging, and one of the most significant challenges faced by entrepreneurs is…