The New Nigeria Tax Act(NTA) 2025 And What It Means for Everyone
Table of Content Background The Nigeria Tax Act (NTA) 2025 is one of the biggest financial reforms the country has ever seen. It replaces a confusing web of old tax laws with one clear and modern system. Before now, taxes in Nigeria were spreadacross several different laws; one for companies, another for personal income, another […]
The QR Payment System
One other notable requirement for the specification of QR code payment is that it must support account, wallet, card and token based QR Code Operations. Additionally, this framework only allows for Merchant-presented mode specification. In this mode, Merchants present the codes of the customers to accept. It is particularly important in an emerging market like […]
Corporate Governance and Compliance in Fundraising For Startups
The importance of Corporate Governance And Compliance in Fundraising for Startups Table of Content Introduction The success of a startup depends not only on its innovation, speed, or market traction but also on the strength of its internal governance and compliance culture. In a competitive capital environment where investor expectations are high, governance and compliance […]
Review of Categorisation of PSPs
Introduction There have been a couple of significant changes in the regulatory sphere for financial service providers in 2020 with the introduction of the newly revised Banks and Other Financial Institutions Act (“BOFIA”) and a litany of circulars. This newly revised Act has some far reaching provisions relating especially to the status of Payment Service […]