Any conflict between Nigerian Accounting Standards and International Accounting Standards should be resolved in favour of the Nigerian standards.
What are the small business ideas in Lagos?
The small business ideas in Lagos are,
Food catering business
Travel and tours
Do I need a business license in Nigeria?
Yes, to operate a business in Nigeria, every Nigerian and intending foreigner must be licensed to carry on business.
Can I begin a business without registering it in Nigeria?
Every business operating or planning to operate in Nigeria must be registered with the Corporate Affairs Commission.
What does CAC do in Nigeria?
The Companies and Allied Matters Act appointed the Corporate Affairs Commission to regulate the formation and management of companies in Nigeria.