Month: December 2025

The More you earn, the more you pay By Abdulrauf Aliyu It was the start of 2026, and Nigeria had just rolled out its new tax law. I was excited but also nervous because this year I had multiple sources of income, while my colleague, Tobi, only earned a salary.…

READ THIS BEFORE JANUARY 1ST, 2026… (Or you will pay for what you don’t know) By Iking Ferry December 2025 Let me break this down like I’m talking to Mama Ngozi in the market   THE NEW TAX RULES HAVE CHANGED THE GAME IN NIGERIA   Next year, Nigeria will…

Broadly, there are two types of Tax Assessments: Self-Assessment and Administrative Assessment. By Ado Mohammed Abubakar 1. Self-Assessment is where the taxpayer assesses himself by computing and remitting the applicable tax to the relevant tax authority. Under Self-Assessment for individual taxpayers, we have 2 broad categories: PAYE is for those…

Let’s Talk Smart Tax Moves: How to (Legally!) Pay Less Tax in 2026 By Abdulrauf Aliyu Let’s be real — nobody ever says “I love paying more tax.” Even the taxman doesn’t. 😂 But here’s the good news: The law actually allows you to pay less — if you understand…

Tax Myths You Should Stop Believing Before 2026 By Abdulrauf Aliyu   Let’s talk about myths — those sweet-sounding “facts” people repeat so confidently you’d almost believe them… until reality (and the taxman) shows up with receipts.   As we prepare for the new tax era in 2026, here are…

The Misconception of Taxing Inflows: Understanding Income Tax. By Tijjani Ahmad. A recent statement flying on social media that according to new tax law, tax will be calculated based on total inflows into personal bank accounts has sparked confusion. According to the statement, individuals with “transactions” below ₦800,000 would be…

HADA LAMBAR RIJISTAR HARAJI (TAX ID) DA ASUSUN BANKUNA Ado Mohammed Abubakar, FCTI, FCA Maganar hada asusun bankuna da TAX ID wanda aka fi sani da Tax Identification Number (TIN) ba sabon abu ne. Dama can kamfanunuwa (Limited Liability) da masu Rijistar Kwasuwanci (Business Name) dole ne sai da TIN…

5 Practical Ways to Manage Your Money Like a Professional By Tijjani Ahmad In today’s challenging economic environment, financial stability is less about how much you earn and more about how well you manage what you have. From rising inflation to unpredictable income streams, individuals and households are under increasing…