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Economy

The Evolution of the Naira and the Forex Market in Nigeria

August 22, 2023 by NF

Having a national currency makes pursuing national economic goals easier. It is also effective in dealing with emergencies, and it …

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How Can Nigeria Achieve Nationhood? 

August 9, 2023 by AbdulWasiu Kuforiji
How Can Nigeria Achieve Nationhood

Since the amalgamation of the Northern and Southern protectorates in 1914 to form Nigeria, the country still struggles to achieve …

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How to Calculate Annual Tax Returns in Nigeria 

August 9, 2023 by AbdulWasiu Kuforiji
How to Calculate Annual Tax Returns in Nigeria 

As a taxpayer in Nigeria, there are certain obligations you must fulfil as required under specified tax law. Although there’s …

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How to Calculate Income Per Capita in Nigeria 

August 7, 2023 by AbdulWasiu Kuforiji
How to Calculate Income Per Capita in Nigeria 

Economists around the world use income per capita as an important metric to gauge the domestic productivity of a country …

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How to Calculate Leave Pay for Contract Staff in Nigeria

August 7, 2023 by AbdulWasiu Kuforiji
How to Calculate Leave Pay for Contract Staff in Nigeria

The Nigerian Labour Act 1990 provides that employees in Nigeria are entitled to paid time off work in a year …

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How to Calculate Leave Bonus in Nigeria 

August 7, 2023 by AbdulWasiu Kuforiji
How to Calculate Leave Bonus in Nigeria 

Employees in Nigeria are entitled to paid time off work for at least six working days a year, according to …

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How to Calculate Initial Allowance in Nigeria  

July 25, 2023 by AbdulWasiu Kuforiji
How to Calculate Initial Allowance in Nigeria  

Initial allowance is a tax relief that presents the opportunity for business owners and companies in Nigeria to reduce the …

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How to Calculate Tax Relief in Nigeria 

July 25, 2023 by AbdulWasiu Kuforiji
How to Calculate Tax Relief in Nigeria 

Many taxpayers in Nigeria do not know that there exists tax reliefs put in place to reduce certain tax burdens …

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How to Calculate Capital Allowance in Taxation in Nigeria

July 25, 2023 by AbdulWasiu Kuforiji
How to Calculate Capital Allowance in Taxation in Nigeria

If you are a business owner or have a registered company in Nigeria, the Companies Income Tax Act mandates that …

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How to Calculate Benefit in Kind in Tax in Nigeria 

July 25, 2023 by AbdulWasiu Kuforiji
How to Calculate Benefit in Kind in Tax in Nigeria 

As an employee working for some organisations in Nigeria, you get to enjoy perks and benefits in addition to your …

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