Practical explanations for earning, working, and paying taxes in Nigeria—without the legal maze.
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52 articles
Personal Income Taxes (PIT)
Freelancing comes with a lot of small transactions. A client pays you. A platform deducts a fee. You pay for software, internet or professional services. You may receive money in dollars, pounds or euros and withdraw it through a payment platform. By the end of the year, all those transactions become part of your tax records.
Personal Income Taxes (PIT)
The Dangote Petroleum Refinery and Petrochemicals IPO is now open, giving eligible investors an opportunity to buy shares in the company at ₦525 per share, with a minimum application of 10 shares. The offer opened on 14 September and is scheduled to close on 13 October 2026.
Legislation
Nigeria’s Federal Ministry of Finance opened a public call for proposals for the Finance Bill 2027, asking Nigerians, businesses, investors, professional bodies, civil society organisations, academics and public institutions to suggest changes that could improve the country’s fiscal and regulatory framework.
Taxes
Recent performance metrics released by the Lagos State Internal Revenue Service reveal that overall tax revenue collections surged 29 per cent in the first half of the year compared to the same period previously.
Taxes
As tax administration in Nigeria undergoes continuous modernization, the pressure on businesses to move away from manual paperwork is reaching a critical turning point.
Personal Income Taxes (PIT)
If you earn your income from outside Nigeria, the number of days you spend in Nigeria could have serious tax implications.
Personal Income Taxes (PIT)
For Nigerian freelancers working through platforms such as Upwork, the amount shown in a transaction history can contain several different components: what the client paid, the platform’s service fee and, in some cases, VAT charged on the platform’s services.
Taxes
For years, businesses in Nigeria have had to deal with a long list of taxes, levies, fees and charges imposed by different levels of government. The problem was often not just how much businesses were paying, but the number of different demands they had to navigate.
Legislation
When business owners or individuals execute commercial agreements, transfer property ownership, or complete financial transactions, stamp duties frequently appear as a minor administrative checkpoint. Yet, treating stamping as an afterthought or a superficial formality can expose contracts to severe legal vulnerabilities and unexpected compliance penalties.