Online business has become increasingly vital in today’s digital landscape for several reasons: 1. Global Reach: Unlike traditional brick-and-mortar businesses, online businesses have the potential to reach a global audience. This broad reach can significantly increase customer base and revenue potential. 2. Lower Costs: Setting up an online business typically requires lower initial investment compared…
Read more
The World Bank has revealed that the Federal Government may be subsidizing fuel, as the current price in the country is not reflective of the actual cost. Nigerians should be paying about N750 per litre, which is more than the N650 per litre they are now paying. President Tinubu, announced the removal of the fuel subsidy,…
Read more
Building a working payroll system can be a complex task, as it involves managing financial data, tax calculations, and compliance with labor laws. Here’s a high-level overview of the steps involved in building a payroll system: Define Requirements: Determine the specific needs of your organization, such as the frequency of payroll runs, types of employees…
Read more
Of course you need bookkeeping and accounting software to run an accounting firm, so we’ve included the most popular options. Quickbooks Quickbooks is a great accounting software option for firms as it has everything your client needs for day-to-day bookkeeping as well as options for your firm such as payments, payroll, work papers and tax programs.…
Read more
Power Supply and Fuel Costs: The Struggle Faced by Businesses in Nigeria Nigeria, being the largest economy in Africa, has a thriving business sector. However, one of the major challenges faced by businesses in the country is the poor power supply and the high cost of fuel. These issues have forced many businesses to shut down, impacting…
Read more
