The 618 Bees blog
Practical guides to starting, running and protecting your business in Nigeria. Find the answers you need, wherever you are in your business journey.
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The Industrial training Fund (ITF) is a parastatal of the Federal Government of Nigeria under the Ministry of Industry, Trade and Investment and it was established in 1971. The essence for the establishment...
NACCIMA stands for Nigerian Association of Chamber of Commerce, Industry, Mines and Agriculture and they are the organization responsible for providing Certificate of Origin for goods. Certificate of Origin...
Pioneer status is an incentive also referred to as “Tax Holiday” which is given by the government to a company granting the company tax relief for a number of years6. The Industrial Development Income Tax...
Pioneer status incentive is a tax holiday given to companies for a period of time to encourage the growth and development of the Nigerian economy. A new company or an existing company with an expansion plan...
A Value Added Service License is a major requirement by Nigerian Communications Commission (NCC) for any business proffering value added services. Value added services are network based services other than...
The Immigration Act CAP 11 Laws of the Federation, 2004 in section 36 states that “No person other than a citizen of Nigeria shall accept the employment (not being with the Federal Government or state...
A Broadcast License is a type of spectrum license granting a licensee permission to use a portion of the radio/TV spectrum frequency in a given geographical area for broadcasting purposes. The following are...
The Standard Organization (SON) of Nigeria is the body vested with the responsibility to make sure that products locally manufactured in Nigeria have the required level of satisfaction desired by the...
They are both acronyms that stand for different things. NAFDAC stands National Agency for Food and Drugs Administration and Control while SON stands for Standard Organisation of Nigeria. They are both...
The use of Data and the extent of Data abuse is becoming a sensitive topic in today’s technological world. Everyone wants to feel a sense of security when giving their data to a data processor. A data...
To operate a money lending business in Nigeria one must have a Money Lenders License. However it is not everyone who lends money in Nigeria that is a Moneylender or that requires the Money Lenders License....
The advantages of registering your copyright include the following: It protects the copyright holder from infringement: copyright infringement is common as people can steal your creations and pass it off as...
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