April 15, 2024

Unlocking Business Resilience: A Strategic Approach

Introduction In the dynamic landscape of entrepreneurship, the essence of business survival transcends mere concepts of a good idea or efficient operations. It extends to encompassing resilience – the capacity to navigate disruptions, setbacks, and unforeseen challenges with agility and strategic acumen. Amidst the multifaceted facets of resilience, marketing emerges as a pivotal element often […]

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Overview of the 2022 Electronic Money Transfer Levy Regulations.

The Electronic Money Transfer Levy Regulations, 2022, signed by the former Minister of Finance, Budget, and National Planning, Mrs. Zainab Shamsuna Ahmed, mark a significant step in regulating electronic money transfers in Nigeria. These regulations, authorized under Section 89A(3) of the Stamp Duties Act Cap. S8 Laws of the Federation of Nigeria, 2004, as amended

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Revisiting the Business Facilitation Bill 2023

In a significant move to enhance the operational environment for micro, small, and medium-sized enterprises (MSMEs) in Nigeria, President Muhammadu Buhari, GCFR, officially signed the Business Facilitation (Miscellaneous Provisions) Act 2023 into law on 14 February 2023. This Act, commonly referred to as the Omnibus Act, was crafted under the purview of the Presidential Enabling

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Overview of the Banking Sector Recapitalization Initiative

As of March 28, 2024, the Central Bank of Nigeria (CBN) unveiled a circular outlining the revised minimum capital requirements for commercial, merchant, and non-interest banks across the nation. These adjustments, rooted in Section 9 of the Banking and Other Financial Institutions Act (BOFIA) of 2020, aim to fortify the financial sector and align it

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Balancing Business Growth Strategies for Sustainable Success

In the world of business, growth is not just a goal; it is a constant pursuit. However, the path to sustainable growth is not always clear-cut. It requires careful planning, strategic decision-making, and a deep understanding of your business’s strengths and weaknesses. One of the fundamental challenges in managing business growth is balancing the various

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6 Ways to Effect Sustainable Business Growth.

Managing business growth is comparable to controlling a formidable force; mishandling it leads to chaos, while nurturing it effectively results in a pathway to success. Striking the right balance in managing growth is crucial for long-term sustainability and competitiveness in today’s dynamic market landscape. Here are six strategies to guide your journey towards sustainable business

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Navigating Nigeria’s Business Landscape: Tax and Regulatory Insights for Foreign Direct Investments

Introduction The role of business organizations within any country is pivotal to its economic growth and development. A robust business sector not only contributes significantly to a nation’s gross domestic product but also drives employment, innovation, and overall prosperity. However, the success of businesses hinges greatly on the regulatory environment, tax policies, and various other

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