In Nigeria, the business of money lending is carried out by both individuals and companies. If you’re looking to register a money lending business in Nigeria, you should note that commercial money lending activities in Nigeria require licensing by either the Central Bank of Nigeria (applicable to Banks and Other Financial Institutions) or the Ministry...
Below is a conversation between Mr Charles and his prospective business partner, Mr Patrick: Mr Charles: Following our previous discussion regarding the business partnership we’ll be going into, my lawyer has prepared a contract. I’ll need your signature on this document. (Hands over a document to Mr Patrick) Mr Patrick: Charles my man! Na wah...
When it comes to starting and or running a business, fundraising is undeniably a primary concern for start-ups. It’s important to know that before you do anything concerning raising of funds, you need to have a clear understanding of how you plan to operate your business and a good business plan will surely increase...
Starting and running a business from scratch can be rewarding, but that doesn’t eliminate the risks involved. However, if you are an entrepreneur looking to leverage on existing business brands and models for profit as against creating a new business, running a franchise might be just the right venture for you. WHAT IS A...
