The Evolution of the Naira and the Forex Market in Nigeria
Having a national currency makes pursuing national economic goals easier. It is also effective in dealing with emergencies, and it …
Economy
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …
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 …