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Showing posts from September, 2008

How to register your business in Nigeria*.

Having your company or business registered confers some credibility on it. This gives the business a unique identity. Registration of businesses in Nigeria is the responsibility of the Corporate Affairs Commission, which has its head office in Abuja but has branches in most states of the federation. The CAC accredits the following categories of professionals for the registration exercise: the lawyers, chartered accountants and chartered secretaries. You need to engage the service of one those professionals to register your business. It is, however, important you understand the issues involved and the choices you have to make. For instance, you need to decide on a business name, business type, issues relating to membership and ownership of a business etc, to avoid making mistakes. According to CAC, registration is divided into three parts under the Companies and Allied Matters Act. They include registration of business names, incorporation of companies and registration of incorporated

Tips on Seme Border Crossing to Cotonou, Benin Republic

For most people in Nigeria, traveling to Cotonou, Benin Republic means smuggling contraband goods, bringing in used vehicles of more than ten years old or as an emergency getaway for wanted coup plotters, human rights activists and corrupt politicians on the run. Well, Benin Republic has assumed a new international status with flurry of business and leisure activities (especially in its commercial city of Cotonou). Relative security and safety of lives coupled with an enabling business environment has contributed to the surge. Now, Nigerians and foreign residents desirous of a quiet and exciting weekend with family drive to Cotonou. Many are locating their offices there too. Most times, these business and getaway trips turn to nightmares as you reach Seme, the border crossing between Nigeria and Benin Republic. A journey that should take an hour becomes three or more hours, as you are questioned by law enforcement agents on both sides. If you want a relatively stress- free crossing, no