Tag: #companyregistration

What You Need to Know about Startups in Nigeria The Nigeria Startup Act, 2022 (“the Act”) is the principal legal and institutional framework for the development, operations and regulation of startups in Nigeria.  According to the Act, a startup is a company in existence for …

The Federal Competition and Consumer Protection Commission (“FCCPC”) has in the exercise of its powers under its enabling law, ventured into the regulation of digital lending business in Nigeria. Recently, in exercise of the powers conferred upon it by sections 17, 18 and 163 of …

1.0. Why Regulatory Sandbox and Which Fintech Company Should Participate in Regulatory Sandbox? In view of the growing demand for easier and cheaper payment solutions through disruptive technology in the financial services space, the Central Bank of Nigeria (CBN) has deemed it pertinent to ensure …

Introduction Nigeria has about 220 Million population with about 210 Million active mobile phone users, according to the Nigerian Communications Commission, and by 2050, the nation’s population is estimated to rise to 400 Million. As of June 2022, Nigeria hit 44.30% of broadband penetration with …

INTRODUCTION Agriculture is a business, a wealth creating sector. It is estimated that Africa may spend close to $110 Billion importing food unless food production is prioritized. According to Statista, Nigeria has vast potentials for thriving agricultural business with an arable land area of 34 …

All businesses seeking to operate in Ogun state must obtain the business premises permit/certificate as specified in the second schedule of the Ogun State Business Premises Registration Law as amended in 2006. The business premises permit/certificate is issued by the Ministry of Industry, Trade, and …