The Finance Act 2020: Explained
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The Finance Act 2020: Explained

Key amendments introduced by the Finance Act The increase in the VAT rate from 5% to 7.5%. The removal of the exemption applicable to dividends received by shareholders of upstream oil and gas companies. The exemption of small companies (companies with annual gross turnover of 25 million Naira or less) from payment of companies’ income…

Nigeria: The story of repressive recessions
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Nigeria: The story of repressive recessions

Nigeria has literally struggled since independence! The cycle of Nigeria’s prosperity and mostly otherwise comes in about cycles with growth occurring some of the time and recession taking place almost every other time. For most of her life, Oil has been the mainstay of the Nigerian economy accounting for over 90% of her revenue. This,…

Business: The Nigerian Landscape 2020

Business: The Nigerian Landscape 2020

The business landscape in Nigeria is getting increasingly scary and has witnessed several modifications over the course of the year making it significantly hard to catch up. This post brings valuable information about the business landscape in Nigeria to the forefront. Business Landscape in Nigeria According to Doing Business Report 2020, Nigeria made it easier…

Taxation in Nigeria: Complete guide to Corporate Tax

Taxation in Nigeria: Complete guide to Corporate Tax

Taxation is a significant consideration for founders who look to start their business in Nigeria or investors who look to invest in Nigeria. Taxes are fees levied by the government on individuals and companies to generate revenue for the running of the country. Tax There has three attributes Validated by law Not a voluntary payment…

Top 10 Investment opportunities in Nigeria

Top 10 Investment opportunities in Nigeria

One perk this list promise is simplicity of approach. This list was initially promised to be a list of 20 investment opportunities in Nigeria- However, there is no pressure to have so many investments and having headache managing them, rather have high performing investments that can be managed properly. You only need 5 high performing…

Startup valuation in Nigeria| Africa: Setbacks on the path of a Unicorn Valuation
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Startup valuation in Nigeria| Africa: Setbacks on the path of a Unicorn Valuation

Startup valuation in Nigeria can be a little tricky considering the a lot of uncertainties that continuously shrouds starting and doing business in Nigeria. However complex this may seem, there are a few ways to arrive at a fairly accurate valuation with regards to the peculiarities that are descriptive of the Nigerian landscape. Setbacks to…

Hinderances to Business in Emerging markets: Nigeria’s Power Sector case study

Hinderances to Business in Emerging markets: Nigeria’s Power Sector case study

It’s 9am in this part of the world and there is no power, in fact in the past three days there has only been power for less than 20hrs! This post considers a typical company looking to invest in Nigeria’s power sector. Case study Company: Business Hub One Inc.(BHO Inc.)Country: NigeriaSector: Energy (Renewable) BHO Inc….