Part of being a citizen of Nigeria means paying taxes. You’ve heard of Tax Identification Numbers (Tax IDs) and have probably used them. But the FIRS to NRS transition and addition of NIN as a tax identifier means a lot has changed in the Nigerian tax system in 2026. The Nigeria Tax Administration Act (NTAA) […]
With more than 40 million users, OPay is the daily payment and money transfer application of choice in Nigeria and, as can be expected, issues occasionally crop up. This could be in the form of failed transactions, issues with the debit card, or inquiries into the OWealth savings. This makes it even more critical for
First City Monument Bank (FCMB) has contributed greatly to Nigeria’s banking history since its establishment in 1982 by the late Otunba Subomi Balogun. FCMB is a widely recognized full service bank group in Nigeria and other parts of Africa. Because of its continual digital banking innovations and the increase to the Central Bank of Nigeria’s
Imagine buying a used car. It looks nice. The price is right. The seller seems like a good guy. But, have you checked to see if the plate number is real? In Nigeria, fake number plates and cloned registration documents are too common. Buying a car with fake papers means losing millions of naira or
The paradox of the Nigerian labor market does not become evident through the analyst’s numbers alone. The reported unemployment rate at approximately 4-5% seems low. However, the figures obscure serious challenges of underemployment, poor job quality, and hopelessness spanning multiple generations . As of the first quarter of 2026, the data shows that unemployment in
Starting a business means starting a journey with the Corporate Affairs Commission (CAC). With CAC, registering a business is more than just a procedure, it is a means for an entrepreneur to gain access to funding and establish trust with potential partners. Before the Companies and Allied Matters Act (CAMA) 2020, registering a business in
