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The financial sector is one of the most regulated sectors in Nigeria. As such, companies operating in the sector are required to meet stringent requirements before they can operate in the country. For a Fintech company to operate legally in Nigeria, it must get a license from the CBN. The Central Bank of Nigeria (CBN)
Business Name (also called Enterprise) is the most basic form of business registration in Nigeria. Below are things you need to know about Business Name. Business Name is not a company:- Though it is regarded as a business structure, it is not a legal entity. It is a mere registration of a name being used
There are many reasons why you would want to have a business bank account. Having one helps you separate your business money from your personal money and it increases customer’s trust in you. It’s not difficult to open a business bank account in Nigeria. But to do so, there are couple of steps you need
I understand that excitement when a business idea pops into your head; you want to jump out of bed and start getting things done immediately. While there are things you can start doing immediately such as research and product development, there are a couple of things you shouldn’t be doing until your business is registered.
Differences Between A Business Name And A Limited Liability Company In Nigeria, you can either register your business as a business name or as a limited liability company. While you can carry on business and open business bank account with both registrations, there are some differences between the two. Below are some of the key
How to start a business in Nigeria If you are the kind who likes to be your own boss, or you have a unique business idea which you want to bring to life, then starting your own business is the right way to go. As exciting as this might seem, you have to take the
