Finance

How to Hire a Chief Financial Officer for Your New Startup

  If you run a startup, your Chief Financial Officer (CFO) will be one of your most important hires. The CFO is not only responsible for managing finances but also plays a pivotal role in shaping the financial strategy, optimizing

How to File Your Small Business Taxes in Nigeria

  Businesses in Nigeria are required by law to file their tax returns annually. A tax return is a document that is filed to report income, claim deductions, calculate tax liability, and pay relevant taxes. If you don’t already know

Facts about Nigeria’s Taxpayer Identification Number (TIN) You Should Know 

  In Nigeria, the Taxpayer Identification Number (TIN) is issued by tax authorities and serves as your financial or tax identity as far as the Nigerian government is concerned. As such, individuals and organizations running a business in Nigeria are

9 Business Taxes in Nigeria You Should Know

  If you run a business in Nigeria, you should know that it must pay taxes to the government. This is standard practice across the world. It applies unless your business generates income below a certain threshold, in which case

2025 is Here! Let’s Make It the Year of Financial Growth

  With the arrival of 2025, it’s the perfect time to set new goals and refine strategies for financial growth. Whether you’re aiming to save more, invest smarter, or clear debt, the start of a new year offers a blank

Celebrating the Holidays on a Budget

  The holidays are a time for joy, laughter, and making memories with loved ones, but honestly, celebrating can get pretty expensive. Between travel costs, gifts, and all the festive activities, your wallet might start to feel the pinch. But

Tips for Managing Your Business’s Financial Records

  Managing your business’s financial records is a task you can’t afford to overlook. Without proper financial recordkeeping, you could lose track of expenses, miss out on deductions, or struggle to prove your revenue if you ever need financing. Read

Borrowing From Friends or Family? Read This First

  Each one of our have times when it gets tough, and you need quick financial help. Duing these times, borrowing money from friends or family may seem like the easiest solution. After all, these are the people who care

How to Avoid Scams and Fraud in Nigeria

  Let’s face it – scammers are getting smarter every day in Nigeria, but you can be smarter! Whether you’re doing business, shopping online, or just using social media, knowing how to protect yourself is as important as having a

Ultima Cards: Virtual Dollar Visa Cards Now Available to All Residents Across Africa

  Online fraud causes financial losses to people worldwide, which is why payment systems and major banks employ advanced technologies for protection. These systems automatically block all transactions from Nigeria, Botswana, and South Africa. However, just like anyone else, residents

The Investment Trap: Common Pitfalls When Raising Funds

  Finance plays an important role in any business. To get the required funds, startups often raise funds from external sources. This act of raising funds can be a make-or-break journey. This is because as a startup founder, you may

How to Plan for Major Life Events: A Guide to Financial Stability

  In our life journey, major life events will always arise that we need to prepare for, such as getting married, starting a family, buying a home, or retiring. These milestones require more than just emotional readiness; they demand solid

The Silent Growth Killer: How Poor Financial Literacy Can Kill Your Business

  Starting a business is exciting, but growing and sustaining a business aren’t. This is because growing a business requires more than just a great product or service. One key element that first-time entrepreneurs often overlook is poor financial literacy

Tax Planning Tips for Small Business Owners in Nigeria

  As a small business owner in Nigeria, understanding tax obligations is crucial for your business’s survival and growth. Nigeria’s tax laws are complex, and many SMEs struggle to plan their taxes effectively. Despite managing various business tasks, it’s important

Unlock Financial Success: Game-Changing Money Tips for Small Businesses

  Hey there, small business owners! Let’s talk about something super important but often overlooked – managing your money. I know, I know, it’s not the most exciting topic. But trust me, getting a handle on your finances can be

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