What Every Business Must Know About Tax, Compliance & Regulations In Nigeria | LIMBsimple Podcast | Episode 22 | Olasoji Odunayo | Sporos Consult

What Every Business Must Know About Tax, Compliance & Regulations In Nigeria | LIMBsimple Podcast | Episode 22 | Olasoji Odunayo | Sporos Consult

What Every Business Must Know About Tax, Compliance & Regulations In Nigeria | LIMBsimple Podcast | Episode 22 | Olasoji Odunayo | Sporos Consult Running a business in Nigeria has changed dramatically. With new tax reforms, stricter compliance requirements, increased regulatory enforcement, and the introduction of digital tax systems such as REF 360, every entrepreneur must understand how to remain compliant while building a profitable business. In this episode of the LIMBsimple Podcast, we had an interesting time with Olasoji Odunayo, CEO of Sporos Consult, to break down everything Nigerian business owners need to know about taxation, compliance, financial structure, and regulatory obligations in 2026. Whether you're a startup founder, SME owner, CEO, finance executive, accountant, or entrepreneur, this conversation will help you avoid costly compliance mistakes and position your business for sustainable growth. In this episode, you'll learn: 👉 Why compliance is becoming more important than ever in Nigeria 👉 The biggest tax and regulatory changes affecting businesses in 2026 👉 Why "ignorance is not a defence" when it comes to compliance 👉 The major government agencies every Nigerian business should know 👉 How CAC, FCCPC, NDPC, ITF, PENCOM, SCUML and other regulators affect your business 👉 Common bookkeeping and documentation mistakes that attract penalties 👉 Why mixing personal and business finances can become expensive 👉 How fintech has made businesses more transparent to regulators 👉 The truth about bank transfer narrations and tax monitoring 👉 What REF 360 is and how it is transforming tax administration in Nigeria 👉 The difference between tax avoidance and tax evasion 👉 Legal strategies to reduce tax exposure and protect your wealth 👉 Why compliance should become part of your business growth strategy If you're serious about building a business that lasts, this is one conversation you cannot afford to miss. Meet the Guest 👇👇👇 Odunayo Olasoji is a seasoned accountant, public speaker, and the Lead Consultant at Sporos Consult in Lagos, Nigeria. With over 10 years of financial and tax advisory experience, he helps corporate and individual clients drive sustainable growth. Through his firm and the "Dear-Business-Owner" social media series, Odunayo has empowered over 100 businesses across Nigeria, saving them hundreds of millions via proactive tax planning and audit representation. He is deeply committed to mentorship, serves as an Associate Pastor at Citizens of Light Church, and is happily married with children. OLASOJI ODUNAYO [https://www.instagram.com/olasojiodunayo?igsh=OGNsNGZqeG11dDI1] SPOROS INSTAGRAM [https://www.instagram.com/sporosconsult?igsh=YzBuM21kem5qbnV6] SPOROS FACEBOOK [https://www.facebook.com/share/186VKFsJPE/] OLASOJI ODUNAYO LINKEDIN PROFILE [https://www.linkedin.com/in/olasojiodunayo?utm_source=share_via&utm_content=profile&utm_medium=member_android] Subscribe for weekly conversations on: If this episode helped you, please: like the video, share your biggest takeaway in the comments. Subscribe and turn on notifications so you never miss a new episode. Connect with LIMBsimple for daily insights and updates: The LIMBsimple podcast is available on all your favourite streaming platforms. ▶️ WEBSITE [https://limbsimplecompany.com/] ▶️ INSTAGRAM [https://www.instagram.com/limbsimple?igsh=amRtdndpMXFxanJ3] ▶️ FACEBOOK [https://www.facebook.com/share/1EEd75Tfe9/?mibextid=wwXIfr] ▶️ THREADS [https://www.threads.net/@limbsimpleacademy] ▶️ TWITTER [https://x.com/limbsimple?s=21] ▶️ TIKTOK [https://www.tiktok.com/@limbsimple?_t=ZM-8ug3AFGW2r8&_r=1] ▶️ LINKEDIN [https://www.linkedin.com/company/limbsimple/] Timestamps: 00:00 Introduction 00:00 Why Every Business Must Understand Compliance 08:19 Understanding Taxes Simply 11:47 When Business Growth Creates Compliance Risks 15:35 Key Regulatory Agencies Every Business Should Know 21:28 The Biggest Compliance Mistakes Businesses Make 30:54 Documentation, Invoices & Transfer Narrations 37:43 Tax on Investments Explained 40:00 Fintech, Digital Banking & Government Visibility 44:43 Why Compliance Can Become Your Competitive Advantage 51:11 Understanding REF 360 55:44 Legal Wealth Protection & Smart Tax Strategies

The Impact of Storytelling on African Children and Global Audiences | LIMBsimple Podcast | Ep 21 | Damilola Solesi | Keko Africa | Smids Animation Studios

Africa’s future will be shaped by the stories its children grow up watching. In this powerful episode of the LIMBsimple Podcast, we had an interesting time with Damilola Solesi, the founder of Smids Animation Studio and creator of Keko Africa. She discussed the future of African storytelling, animation, creativity, and identity. From building one of Africa’s leading animation studios over 15 years, to creating African cartoons that help children see themselves represented on screen. This conversation explores: 👉 The business of African animation 👉 Why representation matters for African children 👉 How storytelling shapes culture and identity 👉 The future of Africa’s creative industry 👉 Building global creative businesses from Nigeria 👉 The challenges of building an industry from scratch 👉 Why Africa needs its own Disney If you're an entrepreneur, creative, parent, investor, or visionary interested in Africa’s future, this episode is for you. Make sure you watch till the end. CHAPTERS 00:00 - Introduction 02:08 - 15 Years Building Africa’s Animation Industry 05:11 - Why African Children Need Representation 06:16 - Following Her Passion Despite Studying Computer Science 08:55 - Building Talent in Africa’s Creative Industry 10:55 - Challenges of Starting an Animation Studio in Nigeria 14:31 - Women in Animation & The She Animate Initiative 19:37 - Building Teams, Culture & Retaining Talent 23:06 - Winning International Awards for African Stories 24:17 - The Story Behind “Hadoo” 27:09 - Keiko Africa & Teaching African History Through Cartoons 31:01 - Why African Stories Matter 36:15 - The Process of Creating African Animated Stories 38:39 - What Parents Should Expect From African Content 41:46 - The Power of Storytelling to Shape Generations 45:47 - Investment Opportunities in African Animation 46:50 - Advice for Parents Raising Creative Children 48:54 - Advice for Young Creatives & Entrepreneurs 50:33 - Final Thoughts & Closing Message Hosted: Melvis Ihezuonu Powered by LIMBsimple Subscribe for more conversations on business, strategy, entrepreneurship, money, and growth in Africa. Follow LIMBsimple on social media for daily insights and updates: ▶️ WEBSITE [https://limbsimplecompany.com/] ▶️ INSTAGRAM [ https://www.instagram.com/limbsimple?igsh=amRtdndpMXFxanJ3] ▶️ FACEBOOK [https://www.facebook.com/share/1EEd75Tfe9/?mibextid=wwXIfr] ▶️ THREADS [https://www.threads.net/@limbsimpleacademy] ▶️ TWITTER [https://x.com/limbsimple?s=21] ▶️ TIKTOK [https://www.tiktok.com/@limbsimple?_t=ZM-8ug3AFGW2r8&_r=1] ▶️ LINKEDIN [https://www.linkedin.com/company/limbsimple/] ▶️ WHATSAPP [https://wa.link/j6sz8v] ▶️ LEARN MORE [https://beacons.ai/limbsimple] Contact Damilola Solesi [https://www.instagram.com/damisolesi?igsh=MTZ6cGxtbWZ2eTdreg==] 👇 TOONTOPIA INSTAGRAM [https://www.instagram.com/toontopiafest?igsh=OXo3dXo2aWF0cmEx] SMIDS ANIMATION INSTAGRAM [https://www.instagram.com/smidsanimation?igsh=MWptcjNzZjdhdmxlag==] KEKO YOUTUBE CHANNEL [https://youtube.com/@kekoafricakids?feature=shared] HADU TRAILER [https://youtu.be/M8xoXFgAQOo?si=OrLzwx1UzmxmRFOU] SMIDS WEBSITE [https://www.smidsstudios.com/]

The 6 Types Of Problems Entrepreneurs Face and How To Fix Them | LIMBsimple Podcast | Ep 20 | Ezekiel Solesi

What really kills businesses in Nigeria? After over 15 years, 90,000+ sales calls, and working with more than 5,000 businesses, including 57+ companies doing over ₦1 Billion annually, Ezekiel Solesi shares the real reasons businesses struggle to grow, scale, and survive. In this powerful episode of the LIMBsimple Podcast, we dive deep into: 👉 The 6 core problems every business faces. 👉 Why most entrepreneurs misunderstand scaling. 👉 Leadership mistakes are destroying businesses. 👉 Product-market fit explained. 👉 Why marketing matters more than most founders think. 👉 The truth about service businesses vs product businesses. 👉 How Nigerian founders should think about structure, cash flow, and growth. If you're an entrepreneur, startup founder, CEO, freelancer, consultant, or business owner trying to grow in Nigeria or Africa, this episode is packed with practical business insights you can apply immediately. CHAPTERS 00:00 Introduction 01:48 Learning from 90,000 Business Calls 05:44 The 6 Core Business Problems 11:09 Leadership & Product-Market Fit 16:50 Service vs Product Businesses 28:04 Business Growth vs Scaling 36:16 Transitioning from Hustler to Entrepreneur 44:13 Marketing vs Product Quality 51:31 Shortlets, Hotels & Nigerian Business Trends Key Lessons: 1. Most businesses don’t have sales problems; they have marketing problems. 2. Cash flow matters before structure. 3. Product-market fit can make or break your business. 4. Leadership insecurity can limit growth. 5. The market votes with wallets, not opinions. Hosted: Melvis Ihezuonu Powered by LIMBsimple Subscribe for more conversations on business, strategy, entrepreneurship, money, and growth in Africa. 👇👇👇 Additional Links: Follow LIMBsimple on social media for daily insights and updates: ▶️ WEBSITE [https://limbsimplecompany.com/] ▶️ INSTAGRAM [https://www.instagram.com/limbsimple?igsh=amRtdndpMXFxanJ3] ▶️ FACEBOOK [https://www.facebook.com/share/1EEd75Tfe9/?mibextid=wwXIfr] ▶️ THREADS [https://www.threads.net/@limbsimpleacademy] ▶️ TWITTER [ https://x.com/limbsimple?s=21] ▶️ TIKTOK [https://www.tiktok.com/@limbsimple?_t=ZM-8ug3AFGW2r8&_r=1] ▶️ LINKEDIN [https://www.linkedin.com/company/limbsimple/] ▶️ WHATSAPP [https://wa.link/j6sz8v] ▶️ LEARN MORE [https://beacons.ai/limbsimple]

How To Build Secure and Resilient Businesses in Today’s Digital World | | LIMBsimple | Ep19 | Dr Bode Oguntoke

In today’s fast-changing digital economy, businesses are moving faster than ever before. Transactions happen instantly, systems are automated, and organisations rely heavily on technology to operate. But speed without security can destroy even the most successful companies. In this episode of the LIMBsimple Podcast, we had an interesting time with Dr Bode Oguntoke, a governance, risk and audit strategist with over three decades of experience in Nigeria’s banking industry. From starting his career in the era of manual banking to operating at the highest levels of audit, governance, cybersecurity and strategy, Dr Bode shares powerful insights on how organisations can build systems that are secure, resilient and sustainable in today’s digital world. In this conversation, you will learn: 👉 How businesses can protect themselves in the digital age 👉 The role of governance and auditing in building sustainable organisations 👉 Why cybersecurity is now a leadership responsibility 👉 The biggest mistakes businesses make with risk management 👉 Why professionals must constantly evolve to remain relevant 👉 How artificial intelligence and digital transformation are changing the future of work If you are a business owner, entrepreneur, executive, or young professional, this conversation will help you understand how to build an organisation that is not only successful but also secure and resilient in the modern digital economy. Watch the full episode and discover the leadership principles required to build institutions that last. Subscribe to LIMBsimple Podcast for bi-weekly conversations on business strategy, leadership, money, and growth. You can also watch the LIMBsimple Podcast on any of your favourite streaming platforms. Follow LIMBsimple on social media for daily insights and updates: ▶️ WEBSITE [https://limbsimplecompany.com/] ▶️ INSTAGRAM [https://www.instagram.com/limbsimple?igsh=amRtdndpMXFxanJ3] ▶️ FACEBOOK [https://www.facebook.com/share/1EEd75Tfe9/?mibextid=wwXIfr] ▶️ THREADS [https://www.threads.net/@limbsimpleacademy] ▶️ TWITTER [https://x.com/limbsimple?s=21] ▶️ TIKTOK [https://www.tiktok.com/@limbsimple?_t=ZM-8ug3AFGW2r8&_r=1] ▶️ LINKEDIN [https://www.linkedin.com/company/limbsimple/] ▶️ WHATSAPP [ https://wa.link/j6sz8v] ▶️ LEARN MORE [https://beacons.ai/limbsimple]

How To Deal With Employee Growth, Retention, and Fundraising As An Entrepreneur | LIMBsimple Podcast | Episode 18 | Dr Onuoha Nnachi

How Entrepreneurs Should Handle Employee Growth, Retention & Fundraising | Dr Onuoha Nnachi Employee growth issues. High staff turnover. Fundraising struggles. These are some of the biggest silent killers of entrepreneurship, especially in Nigeria and Africa. In this powerful episode of the LIMBsimple Podcast, Dr Onuoha Nnachi breaks down the real reasons entrepreneurs struggle with team retention, leadership alignment, and raising capital, and what to do differently. You’ll find out: 👉 Why employee growth starts with vision infusion 👉 How to retain talent without overpaying 👉 The difference between hiring workers and building strategic partners 👉 Why most entrepreneurs fail at fundraising before they even pitch 👉 How to justify your business clearly to investors 👉 The realities of building businesses in Nigeria’s business climate 👉 Why mentorship is not optional for serious entrepreneurs If you’re an entrepreneur, startup founder, business owner, or leader trying to scale sustainably, build a strong team, and raise funds confidently, this conversation will change how you think. Endeavour to watch till the end for practical insights every entrepreneur in Africa needs right now. Subscribe to LIMBsimple Podcast for bi-weekly conversations on business strategy, leadership, money, and growth. You can also watch the LIMBsimple Podcast on any of your favourite streaming platforms. Listen on Spotify [https://open.spotify.com/show/2bmJHGLLHGkh8mLrCFxuMy?si=zE5kC_NGShW4cFFB7C4lAg] Catch up on Apple Podcast [https://podcasts.apple.com/ng/podcast/limbsimple-podcast-life-investing-money-and-business/id1794714736] Stream on Amazon Music [https://music.amazon.com/podcasts/d47aaa0c-c2c8-4834-bb12-1462f8c4d6b0/limbsimple-podcast-life-investing-money-and-business-made-simple] Follow LIMBsimple on social media for daily insights and updates: ▶️ WEBSITE [https://limbsimplecompany.com/] ▶️ INSTAGRAM [https://www.instagram.com/limbsimple?igsh=amRtdndpMXFxanJ3] ▶️ FACEBOOK [https://www.facebook.com/share/1EEd75Tfe9/?mibextid=wwXIfr] ▶️ THREADS [https://www.threads.net/@limbsimpleacademy] ▶️ TWITTER [ https://x.com/limbsimple?s=21] ▶️ TIKTOK [https://www.tiktok.com/@limbsimple?_t=ZM-8ug3AFGW2r8&_r=1] ▶️ LINKEDIN [https://www.linkedin.com/company/limbsimple/] ▶️ WHATSAPP [ https://wa.link/j6sz8v] ▶️ LEARN MORE [https://beacons.ai/limbsimple]