Tag: know
The Salary of Nigerian Senators: All you need to know
There is this general believe that Nigerian senators are the highest paid in the world and that as a matter of fact, their pockets are enriched greatly every month. But how true can this be? Do you want to find out the salary of Nigerian Senators? Perfect! You are in the right place as I …
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How to know your credit score and how to improve it
One of the vital indicators of your financial health is your credit score. It provides lenders with a quick snapshot of your credit usage behavior. Good credit scores boost your chances of getting approval for new loans or your lines of credit will increase as your score rises. You can check your credit score on …
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eNaira: What is it? how it works & all you need to know
The Central Bank of Nigeria (CBN) on 25th October 2021 launched the eNaira, a digital currency for Nigerians to use for digital transactions. A lot has been said about the introduction of the eNaira and its implications for trade and commerce in the country. In this piece, we examine what the eNaira is all about …
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Supply and demand: Definition and all that you need to know
Supply and demand is a fundamental principle of economics that explains how prices for goods and services are determined. This article will explore the basic concepts of supply and demand, how they interact, and the impact they have on the economy as a whole. By understanding supply and demand, individuals and businesses can make informed …
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Everything you need to know about MTrading
MTrading is a globally recognizable financial company that delivers top-notch services to both traders and the company’s partners. Debuted in 2012, the platform has proved its flawless online reputation. It delivers a rich feature set with some of the best market conditions and dozens of trading instruments to choose from. What’s more, the company has …
10 things to know before starting a business in Nigeria
So many people out there dream of starting up their own business to be their own boss. I know it’s cool to want this, but you should also be aware of its drawbacks. If you’re an individual that’s so comfortable with the idea of a steady paycheck, then you probably should not start your own …
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10 Things to know before you Japa
“Japa” is a buzzword amongst many Nigerians today. It simply means relocating to another country, especially to overseas countries, for greener pastures. If you are planning to travel abroad either in search of a high-paying job, for a fresh start, or to study, you must prepare very well to have a nice adventure. Traveling abroad …
Company Income Tax in Nigeria: Everything you need to know
The Company Income Tax Act (CITA) is the primary law that governs company taxation in Nigeria. Nigeria’s tax system is a multi-level tax system, which means that taxation is handled by three levels of government. The Federal Inland Revenue Service (FIRS) is in charge of administering or overseeing corporate income taxes. The Companies Income Tax …
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LAPO Microfinance Bank loans and all you need to know
LAPO Microfinance Bank is a major national microfinance bank in Nigeria. The Microfinance bank has over the years pride itself as a friend of the low income earners with loans and other financial products targeted at the low income earners. They started as a Non Governmental Organization (NGO) in the 1980s and became a full …
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Nigeria Startup Act: Key Details and Everything You Should Know
On October 19, 2022, the President signed into law the long-awaited Nigeria Startup Bill. The legislation, now referred to as the Nigerian Startup Act (the Act), aims to promote the growth of the startup industry and lower market barriers related to compliance and funding. Why the Act was necessary The relevant advancements in innovation, technology, …
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