As a minority shareholder, it can be challenging to protect your interests from potential expropriation or unfair treatment by majority shareholders or the company's management. However, here are some steps you can take to minimize the risk and protect your rights:
1. Understand your rights: Familiarize yourself with the corporate laws and regulations in your jurisdiction that govern shareholder rights and protections. This will help you understand what actions are permissible and what remedies are available to you in case of expropriation.
It made headlines that starting January 2020, Nigerian banks could request for your TIN (Tax Identification Number) before you can operate your bank account.
Well, what was missing from that topic was how to know your #TIN
#Thread
Contrary to beliefs, you do not register for it if you already have your BVN. Your #BVN was used to generate your TIN for individuals.
IF YOU'RE A REGISTERED BUSINESS, then your TIN was generated using your Corporate Affairs Commission (CAC) registration number.