Alayaki Korede

*One day, your child will start making money decisions without you* .

They'll receive their first salary.
Get their first allowance.
Start a business.
Get their first bank account.
Spend money with friends.
See opportunities online.

And you won't always be there to tell them “ *don't do that* .”

The question is: *Have you taught them how to make the right financial decisions when you're not there?*
Because we spend years preparing our children academically for the future, but rarely prepare them financially.

*That is why MMT exists.*

Our *Money Management for Teens Bootcamp* is designed to help teenagers

~Understand money, ~Budgeting,
~Saving,
~Investing,
~Needs vs wants, ~Financial discipline & ~How to avoid costly money mistakes.

📅 *12th–14th August*
⏰ *7:00 PM daily*
💻 *Online*
💰 *₦5,000*

*Registration is ongoing* .

Don't wait until your child makes an expensive financial mistake before you start teaching them about money.

*Give them them knowledge before they need it.*

📲 *Send “MMT” to 08081008686 register.*

OR use the link below.

https://wa.me/message/GED3EcIQVMVS4I1

Many Nigerian business owners think filing CAC Annual Returns means they are fully compliant.

That’s not true.

There are two different annual filings every business must understand:

📌 CAC Annual Returns
This is filed with the Corporate Affairs Commission to confirm your business still exists legally.
It’s about your company’s status and structure.

📌 Tax Annual Returns
This is filed with FIRS (or State IRS) to report your income, profit, and tax obligations.
It includes your financial statements and tax computations.

👉 Simple way to understand it:

CAC = “We are still in business”
Tax = “This is what we earned and owe”

⚠️ Filing one does NOT replace the other.

I’ve seen businesses get penalized simply because they assumed both are the same.

Stay compliant. Stay informed.

𝗘-𝗜𝗡𝗩𝗢𝗜𝗖𝗜𝗡𝗚 𝗖𝗢𝗠𝗣𝗟𝗜𝗔𝗡𝗖𝗘 𝗠𝗢𝗡𝗜𝗧𝗢𝗥𝗜𝗡𝗚 𝗛𝗔𝗦 𝗕𝗘𝗚𝗨𝗡

If you are a Large Taxpayer, this is your signal to act; not later, not next month. Now.
The Nigeria Revenue Service has officially commenced compliance monitoring under the National E-Invoicing (EFS) Regime, with a deadline of 31 July 2026.
To stay compliant, your business must complete these 5 critical steps:
1️⃣ Onboard on the NRS Merchant Buyer Solution (MBS)
2️⃣ Integrate your system via an approved APP or Systems Integrator
3️⃣ Complete validation and testing
4️⃣ Begin real-time invoice transmission to the NRS platform
5️⃣ Ensure all invoices carry a valid IRN (Invoice Reference Number)
⚠️ This is no longer preparation phase; it’s enforcement phase.
If your business has not started, you are already behind.
The question is simple:
Are you ready, or are you at risk?

𝗘𝗶𝗴𝗵𝘁 𝗢𝗿𝗴𝗮𝗻𝗶𝘀𝗮𝘁𝗶𝗼𝗻𝘀 𝗘𝘅𝗲𝗺𝗽𝘁 𝗳𝗿𝗼𝗺 𝗖𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗜𝗻𝗰𝗼𝗺𝗲 𝗧𝗮𝘅 𝗶𝗻 𝗡𝗶𝗴𝗲𝗿𝗶𝗮: What You Should Know

Nigeria's new tax framework provides Companies Income Tax (CIT) exemptions for certain organisations that serve public, charitable, religious, educational, or mutual-interest purposes.

𝗛𝗼𝘄𝗲𝘃𝗲𝗿, 𝘁𝗵𝗲𝘀𝗲 𝗲𝘅𝗲𝗺𝗽𝘁𝗶𝗼𝗻𝘀 𝗮𝗿𝗲 𝗻𝗼𝘁 𝗮𝘂𝘁𝗼𝗺𝗮𝘁𝗶𝗰 𝗼𝗿 𝗮𝗯𝘀𝗼𝗹𝘂𝘁𝗲. If such organisations generate income from commercial or profit-making activities, that income may still be subject to tax.

𝗧𝗵𝗲 𝟴 𝗲𝘅𝗲𝗺𝗽𝘁 𝗼𝗿𝗴𝗮𝗻𝗶𝘀𝗮𝘁𝗶𝗼𝗻𝘀 𝗶𝗻𝗰𝗹𝘂𝗱𝗲:
1)Friendly societies
2)Registered cooperative societies
3)Public educational organisations
4)Religious organisations
5)Charitable organisations
6)Registered trade unions
7)Federal, State & Local Governments (including MDAs)
8)Government purchasing authorities

Key takeaway:
Being an exempt organisation does not mean every source of income is tax-free. Revenue from commercial activities may still attract Companies Income Tax under the Nigeria Tax Act. Organisations should maintain proper accounting records and regularly review their income streams to remain compliant.

Understanding the distinction between exempt income and taxable commercial income is becoming increasingly important as Nigeria strengthens tax compliance.

📢 𝗙𝗚𝗡 𝗦𝗮𝘃𝗶𝗻𝗴𝘀 𝗕𝗼𝗻𝗱 (𝗝𝘂𝗹𝘆 𝟮𝟬𝟮𝟲): 𝗔 𝗦𝗲𝗰𝘂𝗿𝗲 𝗜𝗻𝘃𝗲𝘀𝘁𝗺𝗲𝗻𝘁 𝗢𝗽𝗽𝗼𝗿𝘁𝘂𝗻𝗶𝘁𝘆

The Debt Management Office (DMO), on behalf of the Federal Government of Nigeria, has opened subscriptions for the July 2026 FGN Savings Bond, offering attractive returns for investors seeking a low-risk investment option.

🖥️ How to Subscribe Visit https://offers.meristemng.com, select FGN Savings Bond, and complete your subscription online.

⏰ Important Deadline To ensure your application is submitted to the DMO on time, complete your subscription no later than 12:00 PM on Thursday, 9 July 2026.

The subscription process is now fully automated, and only applications submitted through the official portal will be processed.

If you're looking for a government-backed investment with competitive returns, this could be an opportunity worth considering.

💰 𝗗𝗶𝘃𝗶𝗱𝗲𝗻𝗱 𝗦𝗲𝗮𝘀𝗼𝗻 𝗜𝘀 𝗛𝗲𝗿𝗲!

Despite the recent volatility in the Nigerian stock market, several NGX-listed companies are rewarding shareholders with dividend payments this July.

𝗛𝗲𝗿𝗲 𝗮𝗿𝗲 𝘁𝗵𝗲 𝟳 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗮𝗻𝗱 𝘁𝗵𝗲𝗶𝗿 𝗽𝗮𝘆𝗺𝗲𝗻𝘁 𝗱𝗮𝘁𝗲𝘀:

✅ Dangote Cement Plc – 2 July 2026 (₦45.00 per share)

✅ Chams Holding Company Plc – 10 July 2026 (₦0.03 per share)

✅ BUA Foods Plc – 15 July 2026 (₦28.00 per share)

✅ Cornerstone Insurance Plc – 20 July 2026 (₦0.28 per share)

✅ E-Tranzact International Plc – 23 July 2026 (₦12.50 per share)

✅ Aradel Holdings Plc – 30 July 2026 (₦23.00 per share)

✅ Fidson Healthcare Plc – 31 July 2026 (₦1.50 per share)

𝗞𝗲𝘆 𝘁𝗮𝗸𝗲𝗮𝘄𝗮𝘆: 𝗗𝗶𝘃𝗶𝗱𝗲𝗻𝗱 𝗶𝗻𝘃𝗲𝘀𝘁𝗶𝗻𝗴 𝗿𝗲𝗺𝗮𝗶𝗻𝘀 𝗼𝗻𝗲 𝗼𝗳 𝘁𝗵𝗲 𝗺𝗼𝘀𝘁 𝗿𝗲𝗹𝗶𝗮𝗯𝗹𝗲 𝘄𝗮𝘆𝘀 𝘁𝗼 𝗴𝗲𝗻𝗲𝗿𝗮𝘁𝗲 𝗽𝗮𝘀𝘀𝗶𝘃𝗲 𝗶𝗻𝗰𝗼𝗺𝗲 𝗳𝗿𝗼𝗺 𝘁𝗵𝗲 𝘀𝘁𝗼𝗰𝗸 𝗺𝗮𝗿𝗸𝗲𝘁. 𝗪𝗵𝗶𝗹𝗲 𝘀𝗵𝗮𝗿𝗲 𝗽𝗿𝗶𝗰𝗲𝘀 𝗺𝗮𝘆 𝗳𝗹𝘂𝗰𝘁𝘂𝗮𝘁𝗲, 𝗾𝘂𝗮𝗹𝗶𝘁𝘆 𝗰𝗼𝗺𝗽𝗮𝗻𝗶𝗲𝘀 𝗰𝗼𝗻𝘁𝗶𝗻𝘂𝗲 𝘁𝗼 𝗿𝗲𝘄𝗮𝗿𝗱 𝗹𝗼𝗻𝗴-𝘁𝗲𝗿𝗺 𝗶𝗻𝘃𝗲𝘀𝘁𝗼𝗿𝘀 𝘄𝗶𝘁𝗵 𝗰𝗼𝗻𝘀𝗶𝘀𝘁𝗲𝗻𝘁 𝗱𝗶𝘃𝗶𝗱𝗲𝗻𝗱 𝗽𝗮𝘆𝗼𝘂𝘁𝘀.

Which of these dividend-paying stocks do you currently own, or which one is on your watchlist?