DON & NOYE Attorneys

30/04/2026

REV 360 IS NOW LIVE...A NEW ERA OF TAX ADMINISTRATION IS HERE!

29/04/2026

Debt recovery is the process of collecting money that is owed by individuals or businesses who have not paid their debts on time. It can range from simple reminders to formal legal action, depending on how overdue and serious the situation is.
How debt recovery typically works
It usually follows a staged approach:
1. Early reminders Creditors (the person or company owed money) start with emails, calls, or letters reminding the debtor about the unpaid amount.
2. Negotiation If the debtor can’t pay in full, both sides may agree on a repayment plan, partial settlement, or revised terms.
3. Collection agencies If the debt remains unpaid, it may be passed to or sold to a debt collection agency that specializes in recovering funds.
4. Legal action As a last resort, the creditor may take legal steps such as filing a lawsuit, obtaining a court judgment, or enforcing payment through asset seizure or wage garnishment (depending on local laws).
Types of debt recovery
Consumer debt recovery: Credit cards, personal loans, medical bills
Commercial debt recovery: Business-to-business unpaid invoices
Secured vs. unsecured debt: Secured debts involve collateral (like a car or house), while unsecured do not
Key considerations
Legal compliance: Debt collection is regulated in most countries to prevent harassment or unfair practices
Documentation: Clear records (contracts, invoices, communication) are crucial
Cost vs. recovery: Legal action can be expensive, so creditors weigh whether it’s worth pursuing
If you’re owed money
Act early, keep communication professional, and document everything. Often, resolving the issue before escalation saves time and cost.
If you owe money
Ignoring it usually makes things worse. Engaging early can lead to manageable repayment plans and prevent legal consequences.
If you want, tell me your situation (personal debt, business invoice, legal stage, country), and we can give more specific guidance.
Recovery.
# Don&Noye Attorneys.

28/04/2026

Is your business properly registered and compliant?
We help business owners with:
✅ CAC Registration
✅ Tax Filing
✅ Annual Returns
✅ Trademark Registration
✅ Business Compliance
Fast, reliable and professional service.
Send us a message today.

27/04/2026

🚨FAKE NEWS ALERT! A fraudulent flyer claiming a new vehicle tax takes effect July 1, 2026 is spreading online. The NRS did NOT issue this notice. If you receive it, delete it. If you’ve shared it, correct the record.

Stay informed, stay safe.

23/04/2026

here’s the breakdown for all four as of 2026. These are the main compliance certificates companies need for contracts/staff:
*1. PENCOM – National Pension Commission*
*Rate*: Employer 10% + Employee 8% = *18% of monthly emolument* remitted to a PFA.
*Who must register*: Any employer with 3+ employees
*Steps to get PENCOM Compliance Certificate*:
1. *Open RSA for staff*: Choose a PenCom-licensed Pension Fund Administrator (PFA). Each employee gets a Retirement Savings Account.
2. *Remit monthly*: Pay 18% of each staff’s monthly emolument to the PFA within 7 working days of salary payment.
3. *Get Group Life Insurance*: Must have a policy with a NAICOM-licensed insurer covering at least 3x annual total emolument of each employee.

*2. NSITF – Nigeria Social Insurance Trust Fund*
*Rate*: *1% of total monthly payroll* paid by employer only
*Who must register*: All employers with 5+ employees
*Steps*:
1. *Get forms*: Form ECS RE01 (Employer Registration) + Form ECS RE03 (Schedule of Payments) from NSITF office or website.
2. *Fill & attach*: CAC cert, TIN, Tax Clearance, payroll schedule with staff names/salaries, director IDs.
3. *Submit to NSITF office*: They assess 1% of your total payroll.
*3. ITF – Industrial Training Fund*
*Rate*: *1% of annual payroll* if you have 5+ staff or ₦50M+ turnover
*Due date*: Within 90 days of your financial year-end.
*Steps*:
1. *Register*: Fill Form 7A from.
2. *Submit docs*: Form 7A + CAC cert + audited accounts + TCC to nearest ITF area office.
3. *Pay assessment*: ITF assesses 1% of payroll.
*4. BPP – Bureau of Public Procurement*
*Rate*: No direct levy. It’s a *registration* on the National Database of Federal Contractors.
*Who needs it*: Any company bidding for federal contracts.
*Steps*:
1. *Prerequisites*: You must already have valid TCC, NSITF, PENCOM, and ITF certificates.
2. *Upload compliance docs*: TCC, NSITF, PENCOM, ITF certificates.
*Waivers to note*:
- *BPP*: Waived for business names or companies with

22/04/2026

Your company has changed, but your CAC records have not been updated. This creates a legal risk and may lead to compliance issues. Without updating your CAC records, which places your business at significant legal risk and may result in penalties for non-compliance.
Don’t wait until it becomes a problem.
Reach out to us for help regarding this
Registration.
&Noye Attorneys

21/04/2026

return policy is a set of guidelines created by a business to clearly outline the terms and conditions for returning or exchanging products.
Service providers can also use return policies, although their terms may be more flexible and based on specific circumstances.
Having a return policy helps you:
✔ Handle refund requests professionally
✔ Treat all customers fairly and consistently
✔ Avoid unnecessary disputes
✔ Protect your business from losses.
There is generally no strict legal obligation to accept returns. However, in many cases, businesses are required to clearly state their return policy both in-store and online—where customers can easily access it.
A clear policy is not just good practice—it’s smart business.
📌 Need help drafting a return policy tailored to your business? We’ve got you covered.
📞 08032604909, 08033059945
.

19/04/2026

N150,000,000… Gone. Just like that.

Not because the business was bad.
Not because it wasn’t making money.

But because of something most Nigerian business owners ignore.

It was a simple request followed by a question.

He said, “Show me the records.”

My friend turned and looked at me, frustrated, with fear in his eyes. I stared back at him with disappointment.

The man and his team looked at us, then asked my friend, “Don’t you have financial records of your business?”

Ashamed, my friend bowed his head. That was the end of the deal.

A grown man running a business that makes millions monthly could not answer simple questions:

I had spent months convincing the investor to put one hundred and fifty million naira into my friend’s thriving business to support its expansion. Unknown to me, the business lacked proper structure.

He makes millions every month. He imports from China. When a customer comes to buy, he simply does kpa kpa kpa on his big calculator, and the customer sends money, often to his personal account.

He couldn’t tell what the revenue for the year was.
He couldn’t tell what the profit for the year was.
He couldn’t tell what the expenditure was.
He couldn’t tell how much the business was worth.

All he knew was that he was making money.

But is that how real businesses are run? Not at all.

Real businesses have financial structure and proper records. This is not just for investors, but also for the taxman. Most importantly, it helps you know when you are doing well and when you are not.

Studies show that about 80% of Nigerian businesses operate like this. A danger zone.

Listen carefully.

Making money is not the same as building a business.

Most of you are not running businesses.
You are running survival systems.

Cash comes in. Cash goes out.
No structure. No records. No valuation.

That is why you can’t find investors.
That is why banks refuse to lend you money.
That is why, if you die today, the business dies with you.

Let me say something that may offend you:

If your business cannot be understood on paper,
it is not a business. It is a hustle.

And hustles don’t scale.
Hustles don’t attract serious money.
Hustles die with the owner.

But here is an opportunity for you to get things right.

At The Convergence Africa Summit 2026 with the theme: TRANSGENERATIONAL CONNECTION:
Architecting Generational Capital Across Industries.

You will learn:

-How to properly structure your business like a real company.

-How to position yourself for funding and serious investors.

-How to build something that can outlive you.

And more importantly…

You will be in a room with 1,000 CEOs and founders.

People you can build with.
Connect with.
And learn from.

People who are actually doing what you claim you want to do.

The question is simple:

Will you keep doing kpa kpa kpa business or will you finally build something real?

Because of how much I want this for you, I have been able to get a 50% discount ticket rate for the first 10 people to register.

Visit the website as seen in the flyer below and on the registration page, when you get to payment, use this coupon 👉🏽 KAA-TCA2026-W4V4

This is just for 10 people. I wish I could do more.

Remember, this is not just another summit. It’s four days of masterclass. See you there.

-KAA

18/04/2026

18/04/2026

17/04/2026

It’s Friday 😄
Tell us the biggest issue you’re facing in your business right now 👇

• No CAC registration?
• Tax confusion?
• Customers owing you?
• Partnership problems?
Drop it in the comments—our lawyers are watching 👀