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Mama Ngozi
Mama Ngozi
Asked: May 26, 2026In: TAXATION & COMPLIANCE

What is PAYE tax in Nigeria? and Why Is It Deducted From Salary?

I recently started working and noticed that my employer deducts PAYE tax from my salary every month before paying me. Honestly, I’m still confused about how this PAYE tax works in Nigeria and why it is compulsory for salary earners. I want ...Read more

payepittaxation nigeria
1
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Mama Ngozi
Mama Ngozi
Asked: May 26, 2026In: TAXATION & COMPLIANCE

How is Salary Tax calculated in Nigeria?

I’ve always been confused about how employers calculate salary tax in Nigeria. For example, when someone receives a salary, different deductions usually appear such as: • PAYE tax • Pension • NHF • NHIS What I really want to understand is:Read more

personal income taxsalary tax nigeriatax calculation
1
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Mama Ngozi
Mama Ngozi
Asked: May 26, 2026In: TAXATION & COMPLIANCE

What Deductions Can Reduce PAYE Tax Legally in Nigeria?

I recently discovered that some deductions can legally reduce the amount of PAYE tax a salary earner pays in Nigeria, but I don’t fully understand how it works. For example, I’ve heard people mention things like: • Pension contributions • NHF ...Read more

paye nigeriapittax in nigeriatax relief
1
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Mama Ngozi
Mama Ngozi
Asked: May 26, 2026In: TAXATION & COMPLIANCE

What Is Taxable Income and How Does It Work in Nigeria?

I’ve been hearing the term “taxable income” many times whenever people talk about PAYE tax in Nigeria, but I still don’t fully understand what it actually means. Is taxable income the same thing as salary, or is it the amount left ...Read more

nigeria taxpayepersonal income taxtaxable income
1
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  • 1 1 Answer
Mama Ngozi
Mama Ngozi
Asked: May 26, 2026In: TAXATION & COMPLIANCE

Does Pension Contribution Reduce Tax in Nigeria?

I recently heard that pension contributions can help reduce the amount of PAYE tax someone pays in Nigeria, but I don’t fully understand how that works. For example, if two employees earn the same salary, but one contributes more to pension, ...Read more

nigeria taxpaye nigeriapension contribution tax
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DebbyDaniel\'s
DebbyDaniel\'s
Asked: May 27, 2026In: INVESTING & WEALTH BUILDING

How Do I Register for E-Dividend in Nigeria to Receive Share Dividends Directly to My Bank Account?

I bought some company shares but don’t know how to register so my devidends can paid into my bank account.

cscs accounte-dividend registrationngx sharesstockbroker nigeria
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Graceful
Graceful
Asked: May 25, 2026In: INVESTING & WEALTH BUILDING

Has the May 2026 FGN bond allotment been completed?

I subscribed for the May 2026 FGN bond on the 5th of May via Investnaija app, but It’s yet to reflect on my app. I’d like to know if the allotment has been completed so i can know what my ...Read more

fgn bond
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