Small and medium-sized enterprises (SMEs) are the lifeblood of any growth-driven economy. They play a huge role in job creation and economic development. SMEs constitute about 90% of the world’s businesses and generate up to 40% of national income in emerging economies. Despite their enormous contributions to the economy, SMEs are plagued with several issues […]
DOWNLOAD PDF version of this article. In Nigeria, the Companies and Allied Matters Act (CAMA) is the legislation that governs the birth (Incorporation/registration), growth (Restructuring/reorganization), and demise (Winding-up) of businesses and companies. The President of The Federal Republic of Nigeria, His Excellency Rt. Major Gen. Muhammadu Buhari on the 7th day of August 2020 accented […]
Hello FINT, I just laid my mom to rest. Rather than a flamboyant burial, I would like to start a Foundation in order to immortalize her legacy. What do I need to do? Answer: Please accept our condolences. That’s a wise decision to immortalize your mother’s legacy through a foundation. We will give you a […]
Hello FINT, thank you for your answer to our number of founders’ question. Now we want to take the next step to register our business. Should we register it as a business name or as a company? Answer: After validating a business idea, the very next step should be formalizing its existence by registering it […]