Tag: company registration

1. Introduction Oyo State is a Southwestern State in Nigeria with about 28,454 square kilometers and the 5th most populous State in Nigeria with estimated population of over 10,000,000. Oyo State is bordered to the north by Kwara State, to the east by Osun State, …

In the course of our engagement with clients, we have documented some of the frequently asked questions on money lender licensing process in Nigeria, which we consider can be a useful guide for any interested investors in the country’s consumer lending sector. Below are our …

Why Appoint a Local Director? Following the passage of the Companies and Allied Matters Act 2020 (“CAMA”), a foreigner can now set up and own a company 100% in Nigeria even if the foreigner is not within Nigeria. Once the requirements are supplied, the required …

Registration of companies in Nigeria can now be completed in 24 hours after submission. The registration process is 100% digital. So, it is important that those handling your registration process should do so with the necessary knowledge and experience of the extant company law and …

KEY NOTES ON HOW TO SET UP A MONEY LENDER COMPANY IN NIGERIA Introduction From our experience in advising and assisting clients with business registration and licensing in Nigeria, money lender business is fast becoming very popular and widely embraced as an alternative solution to …

Why does a business require an MMO licence? Every technology solution service provider, in whatever sector, is most likely interested in how to reduce stress for customer’s subscription and payment through digital channels. One of the notable features of most online platforms is the provision …

Employee Due Diligence is an investigation by an Employer to identify any risks, screen or scrutinize hired staff’s or potential employee’s history in order to prevent any financial, reputational or other risks to the company. It must be appreciated that employees and prospective employees can …

Many small businesses, especially online entrepreneurs in Nigeria, are not (or do not have their businesses) registered with the Corporate Affairs Commission (CAC) despite being in business for a year or more. They conclude transactions using an unregistered “business” name but when it is time …

Section A: Preliminary Points on PSSP Licence in Nigeria As digital payment transactions continue to rise in Nigeria, interested investors  need to know what licence is suitable for their business model and the requirements for getting regulatory approval to enter the Africa’s most populous country …