Facing a FIRS (Federal Inland Revenue Service) tax audit can be daunting for any business in Nigeria. However, with proper preparation and expert guidance from Faturoti Taiwo & Co.,...
How to Register and Structure Your Business for Financial Success in Nigeria
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March 20, 2025
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admin
Starting a business in Nigeria is an exciting venture, but it requires careful planning and execution to ensure long-term financial success. At Faturoti Taiwo & Co., a trusted accounting...
How to Manage Your Cash Flow Effectively as a Nigerian Business Owner
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March 13, 2025
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admin
Cash flow is the lifeblood of any business, and for Nigerian business owners, managing it effectively is crucial for survival and growth. In a dynamic economic environment like Nigeria,...
Small and Medium Enterprises (SMEs) play a crucial role in Nigeria’s economy, contributing significantly to job creation and economic growth. However, many SMEs struggle with financial management due to...
Common Tax Mistakes Nigerian Businesses Make and How to Avoid Them
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February 27, 2025
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admin
Tax compliance is a critical aspect of running a successful business in Nigeria. Yet, many businesses—whether startups, SMEs, or large corporations—fall into common tax pitfalls that can result in...
How to File Your Company Tax Returns in Nigeria: A Step-by-Step Guide
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February 21, 2025
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admin
Filing company tax returns in Nigeria is a legal obligation for all registered businesses. Proper tax compliance helps avoid penalties and ensures smooth business operations. This guide will walk...
Top Accounting Firms in Nigeria: Why Faturoti Taiwo & Co. Stands Out
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February 12, 2025
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admin
Nigeria’s business landscape is evolving, making reliable accounting services essential for financial stability and regulatory compliance. Among the top accounting firms in Nigeria, Faturoti Taiwo & Co. has carved...
NNPC explains why it paid N123 billion interim dividend to FAAC for June
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July 23, 2023
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admin
The Nigerian National Petroleum Company (NNPC) Limited has provided reasons behind the payment of an interim dividend of N123 billion to the Federation Account Allocation Committee (FAAC) for June. ...
FG announces plans to collect VAT from market traders, informal sector
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July 4, 2023
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admin
The Nigerian Government through the Federal Inland Revenue Service, FIRS, announced the VAT Direct Initiative, a scheme that would enable FG to collect Value Added Taxes from the informal...
I’m committed to making Ekiti hub of technology development ― Oyebanji
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April 22, 2023
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admin
Ekiti state governor, Biodun Oyebanji has said his administration is committed to making the state hub of technology and talent development in the country. Oyebanji explained that the time...