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Nigerian startups usually have funding rounds wherein they raise funds to better scale their business. In Part 1 of the Raising Funds as a Startup in Nigeria series, we highlighted the diverse types of funding, how to get funded and be investment ready. In this...

Startup companies in Nigeria require funds to operate. From paying salaries to renting an office space, the operational costs for startups are almost unlimited. Nigerian startups are always desirous of raising funds to better scale their business idea. In this...

Debt is a sum of money that is owed or due to be paid pursuant to an express agreement, it is a specified sum of money that one person (debtor) is obligated to pay and the other person (creditor) has the legal right to collect or receive. The most common forms of debt...

Value Added Tax, also known as VAT, is a consumption tax assessed on goods and services provided at each stage of the production process, from labor and raw materials to the sale of the final product or service. The VAT rate in Nigeria is currently pegged at 7.5%, a...

Globally, leaders and governments work towards attaining economic prosperity which is usually achieved through the quality of production, workforce and export activities. Foreign investment, over the years, has become a cornerstone for governments and businesses. For...

Human rights in Nigeria. Human rights are the basic rights and freedom that belong to every human being right from birth till death. The Universal Declaration of Human Rights proclaimed by the United Nations General Assembly, in Paris on December 10, 1948, sets out...

The Petroleum Industry Bill (PIB) which is said to consolidate 16 existing Nigerian petroleum laws is an oil reform bill that was first presented to the Nigerian National Assembly in 2008. The overarching policy rationale for the Bill is to encourage transparency and...

The social networking site, Facebook, is taking steps and a host of measures to minimize the spread of misinformation regarding Covid-19 and the upcoming United States elections on November 3, 2020. The company has mentioned that steps are being taken to fact-check...