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How to Handle FIRS Tax Audits Without Stress – A Complete Guide

  • March 28, 2025
  • admin
  • Uncategorized
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.,...
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How to Register and Structure Your Business for Financial Success in Nigeria

  • March 20, 2025
  • admin
  • Business
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...
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How to Manage Your Cash Flow Effectively as a Nigerian Business Owner

  • March 13, 2025
  • admin
  • Business
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,...
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Best Accounting Practices for SMEs in Nigeria

  • March 5, 2025
  • admin
  • Business, Finance
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...
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Common Tax Mistakes Nigerian Businesses Make and How to Avoid Them

  • February 27, 2025
  • admin
  • Business, Tax Management
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...
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How to File Your Company Tax Returns in Nigeria: A Step-by-Step Guide

  • February 21, 2025
  • admin
  • Finance, Tax Management
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...
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Top Accounting Firms in Nigeria: Why Faturoti Taiwo & Co. Stands Out

  • February 12, 2025
  • admin
  • Accountancy, Business, Finance
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...
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NNPC explains why it paid N123 billion interim dividend to FAAC for June

  • July 23, 2023
  • admin
  • Management
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. ...
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FG announces plans to collect VAT from market traders, informal sector

  • July 4, 2023
  • admin
  • Tax Management
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...
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I’m committed to making Ekiti hub of technology development ― Oyebanji

  • April 22, 2023
  • admin
  • Creative, Development
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...
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Recent Posts

Top Accounting Software for Nigerian Businesses in 2025: Expert Picks June 12, 2025
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What Every Small Business in Lagos Should Know About Withholding Tax (WHT) May 30, 2025
Audit-Proof Your Business: What Nigerian Entrepreneurs Must Know May 23, 2025
FIRS vs LIRS: Understanding Federal and State Tax Responsibilities in Nigeria May 16, 2025

“Wise Saying: But don’t begin until you count the COST. For who would begin construction of a building without first CALCULATING the cost to see if there is enough MONEY to finish it.”

  • 30 Lasisi Ladega Street, Off Liasu Road, Council Bus Stop, Idimu- Lagos , Nigeria
  • (+234) 7012725021
  • thomas@faturotitaiwoandco.com
  • 9:00 - 18:00
Faturoti Taiwo and Co.
FATUROTI TAIWO & Co. has the mission of “Practicing accountancy in conformity with the highest professional standards while satisfying our clients by contributing to their growth and efficiency, producing optimal profits for our partners and a conducive environment for our staff to train and develop in the profession".

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Top Accounting Software for Nigerian Businesses in 2025: Expert Picks
Do You Need a Tax Clearance Certificate? Here’s How to Get One in Nigeria
What Every Small Business in Lagos Should Know About Withholding Tax (WHT)

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