Tag: #CERPAC

As Nigeria’s financial services landscape continues to evolve, regulatory compliance remains a cornerstone for sustainable operations. In line with this, moneylenders and digital lending platforms across the country are reminded of the mandatory annual renewal of their operational licences, a requirement that has become increasingly standardised across most states in Nigeria.  The …

Any local Company in Nigeria that desires to employ foreign nationals must accept immigration responsibilities on behalf of the foreign national. The Company must ensure that it obtains regulatory approval and work residence authorization from the appropriate Nigeria Authority.  The Immigration Act 2015 and the Immigration Regulations 2017 provide for …

  In order to do business in Nigeria, a foreign investor needs to know the regulatory requirements, costs, timelines for achieving any registration or obtaining a license and the relevant agency responsible for any approval or permit as well as the applicable taxes, levies or …

Expatriate Quota: The regulatory process of employing a foreigner to work in Nigeria begins with the Expatriat Quota. Every company in Nigeria seeking to employ a foreigner into the country is required to obtain an Expatriate Quota from the Nigerian Immigration Service (“NIS”). Expatriate quota …