Blog posts | Uboh Sunday & Co., Lagos, Nigeria

Crypto Taxation in Nigeria: What the NTAA 2025 Means for Your Trading Activity

Posted on 8 August, 2026

The Legal Foundation of Crypto Taxation in Nigeria Crypto taxation in Nigeria did not emerge from a single law. It has developed in stages:

Need TIN for Your Crypto Trading in Nigeria What happens when tax compliance is ignored?

Posted on 7 August, 2026

Crypto gains. Real tax obligations. This article explains, in factual and educational terms, why a TIN matters for crypto trading in Nigeria, what the law requires, what happens when compliance is...

ALL YOU NEED FOR YOUR CRYPTO TRADING

Posted on 4 August, 2026

A tax compliance guide for Nigerian crypto traders and investors, prepared by US & CO. (Chartered Accountants) Cryptocurrency trading in Nigeria is no longer an informal or unregulated activity...

How Often Should a Business Reconcile Its Bank Account?

Posted on 3 August, 2026

Bank reconciliation is one of the most important financial control procedures in any business. Whether you operate a small retail shop, a growing SME, or a large company in Nigeria, reconciling your...

PAYE Explained: A Practical Guide for Employers in Nigeria

Posted on 13 July, 2026

Every employer has a responsibility beyond paying salaries. Understanding Pay As You Earn (PAYE) is an essential part of running a compliant business in Nigeria. Whether you employ one staff member...

PROFESSIONAL ASSISTANCE TO FILE YOUR BUSINESS TAXES ON REV360

Posted on 12 July, 2026

Do you know the taxes your business is expected to file on REV360? More importantly, what happens when tax compliance is ignored?

Record Keeping for SMEs: A Practical Guide to Tax Compliance in Nigeria

Posted on 10 July, 2026

Your records determine your compliance strength. Many Small and Medium-sized Enterprises (SMEs) focus on generating sales, serving customers, and expanding their businesses. However, one of the most...

Importance of Tax Compliance in Business

Posted on 7 July, 2026

Tax compliance is a fundamental requirement for businesses operating within regulated economies. In Nigeria, it refers to the process of correctly registering, reporting, and remitting taxes in line...

Types of Taxes in Nigeria: A Comprehensive Guide to the Nigerian Tax System for Businesses and Individuals

Posted on 7 July, 2026

axes Your Business Is Expected to Handle

Whether you operate a small business, a growing enterprise, or a large company in Nigeria, understanding your tax obligations is an essential part of responsible business management. Taxation is more...

ENSURE YOU FILE YOUR COMPANY'S CAC ANNUAL RETURNS ON TIME TO AVOID PENALTY

Posted on 6 July, 2026

CAC dey help you "hold" your company name so another person no fit collect am while you dey build your business.

The Big Mistakes New Businesses Make (And How to Avoid Them)

Posted on 5 July, 2026

A guide for Nigerian entrepreneurs on business registration, tax compliance, and the FIRS REV360 platform Starting a business in Nigeria is an exciting milestone. But between registering with the...

2025 TAX FILING ON REV360 CONTINUES: A Guide for Nigerian Businesses

Posted on 4 July, 2026

The Nigeria Revenue Service (NRS) has officially transitioned the national tax administration framework to the REV360 platform, replacing the former TaxPro-Max system. For the ongoing 2025 tax filing...

IS YOUR INTERNAL CONTROL SYSTEM READY FOR AUDIT?

Posted on 3 July, 2026

Every successful business relies on more than strong sales and healthy cash flow. Behind every well-managed organization is a system of internal controls designed to safeguard assets, promote accurate...

THE COST OF POOR BOOKKEEPING: HOW MUCH MONEY ARE YOU REALLY LOSING?

Posted on 3 July, 2026

Bookkeeping is often viewed as an administrative task, but in reality, it is one of the foundations of sound financial management. Every invoice issued, payment received, expense incurred, and tax...

AUTOMATING PAYROLL: SAVING TIME AND AVOIDING REGULATORY PENALTIES

Posted on 3 July, 2026

Payroll is one of the most important business processes in every organization. Employees expect to be paid accurately and on time, while regulatory authorities expect employers to comply with...

THESE ARE WHAT MANY COMPANIES FAIL TO DO

Posted on 28 June, 2026

A Practical Guide to Managing Withholding Tax Credits in Nigeria

e-Naira Explained: What Every Nigerian Business Owner Must Know Before It's Too Late

Posted on 17 June, 2026

One such innovation is the eNaira, Nigeria's Central Bank Digital Currency (CBDC), introduced by the Central Bank of Nigeria as a digital form of the Nigerian Naira. Unlike cryptocurrencies, the...

HOW TO GET YOUR NEW TAX ID: FOR COMPANY AND INDIVIDUAL

Posted on 13 June, 2026

Tax Identification Number (TIN) is a fundamental aspect of civic and corporate responsibility in Nigeria. A valid Tax ID is crucial for individuals and companies alike, enabling access to essential...