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.
38 articles · Newest first
Do you have plans to start a new business this year or you already started one this January? Whatever your plans are, I am sure you are excited about your business idea. As you put plans in place to begin...
The year 2020 has been tough for businesses the world over and while working procedures and processes may have changed or become adjusted to accommodate these challenges, statutory filings and compliance for...
Entrepreneurs cannot succeed in business completely on their own that is why they need to leverage the talent, expertise, and skills of the experts in this area as opposed to resorting to DIY. Businesses...
There is this anonymous saying that states that “The average millionaire has 7 sources of income”. Now more than ever before I believe this and my belief in this is hinged on the fact that this year, 2020...
It’s no news that the Coronavirus along with severe health and humanitarian issues caused enormous challenges for businesses the world over. The challenges range from the collapse of customer demand,...
The procedure for changing a proprietors Signature on a Business Name Registration Form is as follows: Prepare an Affidavit stating why the proprietor intends to change his/her signature. This Affidavit must...
The procedure necessary to effect the change of a proprietor’s name on a Business Name Form is as follows; Prepare a duly completed application form for the change of name. Attach the Affidavit in support of...
When registering a company, you are required to put in an address which serves as the registered address of the company. If a company wishes to change its registered address, the company must apply to the...
How to register a debenture in Nigeria In order to register a debenture in Nigeria, the following requirements must be submitted to the Corporate Affairs Commission (CAC) for the registration to be effeced;...
Section 197 of the Companies and Allied Matters Act cap C20 Laws of the Federation of Nigeria 2004 (CAMA) states that every charge created by a company shall so far as any security on the company’s property...
A debenture is a medium- to long-term debt instrument used by large companies to borrow money, at a fixed rate of interest. The legal term “debenture” originally referred to a document that either creates a...
As defined by the Companies and Allied Matters Act (CAMA), directors are persons that are duly appointed by the company to direct and manage the business of the company. The CAMA also made provisions on the...
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