One of the many benefits of the infiltration of technology into the finance sector in Nigeria is the ease and availability of options in carrying out financial transactions. Technological innovation within the sector has in addition brought about job creation opportunities for individuals and small businesses one of which is agency banking services. In this...
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Tag: Nigeria
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HOW TO SET UP INTERNATIONAL MONEY TRANSFER SERVICES IN NIGERIA
With Nigeria’s annual remittances predicated to be USD 34.89 billion in 2023, and with about USD 2.9 billion investment funds going to African startups, 62% of which went to fintechs in 2021 as reported by Briter Bridges, a large presence of Nigerians living in diaspora, there are huge market opportunity prospects for individuals and organizations...
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WHAT TO DO WHEN ASKED TO PAY TAX OR LEVY YOU AREN’T AWARE OF
Do you operate a business in Nigeria? Ever been confronted by revenue officials at your business premises to pay taxes or levies you weren’t aware of? The fact is that in most State and local government areas, there is yet to be a unified tax payment system for taxpayers. That explains situations where certain levies...