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Rose

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  1. Asked: March 28, 2026In: INVESTING & WEALTH BUILDING

    IPO websites (UPDATES)

    Rose
    Rose Contributor Profile Credentials
    Added an answer on April 17, 2026 at 4:12 pm

    There is NO website that shows IPOs very far in advance with full details. Yes. Because: ✓ IPOs are confidential in early stages ✓ companies only release information when they are ready But… There ARE powerful websites that can help you stay ahead. Let me show you the real ones professionals use. 1.Read more

    There is NO website that shows IPOs very far in advance with full details.
    Yes.
    Because:
    ✓ IPOs are confidential in early stages
    ✓ companies only release information when they are ready

    But…
    There ARE powerful websites that can help you stay ahead.
    Let me show you the real ones professionals use.
    1. IPO Calendars (Your Best Tool)
    These are the closest thing to what you’re looking for.
    Investing.com IPO Calendar
    • Shows upcoming IPOs
    • Displays dates, price ranges, and size
    • Updated regularly

    👉 This is one of the easiest to use
    According to available data, IPO calendars help you track “upcoming IPOs, pricing, and offering value” (Investing.com Nigeria)
    Yahoo Finance IPO Calendar
    • Tracks upcoming IPO events
    • Includes financial data and timelines (Yahoo Finance)

    TradingView IPO Calendar
    • Shows listing dates
    • number of shares
    • IPO status

    It helps investors see IPOs “in chronological order” and plan ahead (TradingView)
    2. Advanced IPO Tracking Platforms
    These go deeper.
    Renaissance Capital IPO Center
    • professional-level IPO data
    • detailed analysis
    • institutional-grade insights (Renaissance Capital)

    IPOScoop
    • tracks filed and upcoming IPOs
    • gives early signals

    3. Nigerian-Focused Insight (Very Important)
    Now let’s be real.
    For Nigeria, IPO tracking is not as structured.
    Use:
    👉 Proshare Nigeria
    • shows public offers
    • rights issues
    • capital market activity (Proshare)

    👉 African Markets
    • tracks major African IPO discussions
    • includes updates like Dangote refinery plans (African Markets)

    Important Truth You Must Understand
    Even globally:
    👉 IPO dates are rarely known far in advance
    Data shows IPO schedules are often only known:
    ✓ 7–10 days before listing (StockAnalysis)
    Let Me Explain With a Simple Story
    Mama Ngozi wants to open a big shop.
    Before announcing it publicly:
    • she plans quietly
    • arranges money
    • prepares everything

    Only when she is ready…
    She tells people.
    That is exactly how IPOs work.
    So Iking… How Do Smart Investors Stay Ahead?
    They don’t just wait for IPO announcements.
    They:
    1. Track Big Companies Expanding
    Example:
    • Dangote Refinery
    IPO already expected around 2026 (Wikipedia)
    2. Follow Financial News Weekly
    • capital raising
    • debt restructuring
    • expansion

    These are IPO signals.
    3. Study Industries, Not Just IPOs
    Smart investors ask:
    • which sector is growing?
    • which companies may need funding?

    Let Me Be Honest With You
    If you are waiting for IPO announcement…
    You are already late.
    Final Truth
    There is no “secret IPO website”
    But there are:
    ✓ IPO calendars
    ✓ financial news platforms
    ✓ market intelligence tools

    Let Me Leave You With This
    Don’t chase IPOs.
    Track businesses.
    Because when you understand businesses early…
    You don’t wait for opportunities.
    You see them coming.
    Rose Ejituru

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  2. Asked: March 31, 2026In: TAXATION & COMPLIANCE

    Tax Deadline in Anambra State – How Can I File My Personal Income Tax Easily Without Mistakes?

    Rose
    Rose Contributor Profile Credentials
    Added an answer on April 17, 2026 at 4:11 pm

    In Anambra State today, the most reliable way is to combine ONLINE + PHYSICAL verification. Because: 👉 not all state portals work perfectly all the time The Authority You Are Dealing With 👉 Anambra State Internal Revenue Service PART 1: HOW TO GET YOUR ASIN (STEP-BY-STEP) Option A (Recommended): StaRead more

    In Anambra State today, the most reliable way is to combine ONLINE + PHYSICAL verification.
    Because:
    👉 not all state portals work perfectly all the time
    The Authority You Are Dealing With
    👉 Anambra State Internal Revenue Service
    PART 1: HOW TO GET YOUR ASIN (STEP-BY-STEP)
    Option A (Recommended): Start Online
    Step 1: Visit the Official Portal
    Go to:
    👉 https://anambrastate.gov.ng
    (or search: Anambra State IRS tax portal)
    Step 2: Look for Tax / Revenue Section
    Click:
    • “Tax Services”
    OR
    • “Get Tax ID / Register”

    Step 3: Fill Registration Form
    Enter:
    • Full name
    • Phone number
    • Address
    • Email
    • NIN (if available)

    Step 4: Submit
    After submission:
    👉 You should receive your ASIN number
    ⚠️ Important Truth
    If the portal is slow or not responding (this happens sometimes):
    👉 move to Option B immediately
    Option B (Most Reliable): Walk Into Tax Office
    Go to Any Nearest Tax Office
    Ask for:
    👉 “ASIN registration desk”
    Go With:
    • NIN slip or ID card
    • phone number
    • address

    What Happens There?
    • they register you
    • generate your ASIN instantly

    ✔️ Best Advice
    👉 Even if you start online, confirm physically once
    So there is no mistake.
    PART 2: HOW TO FILE YOUR TAX 
    Step 1: Gather Your Income Info (2025)
    Write down:
    • salary (if employed)
    • business income
    • side hustle

    Step 2: Go Back to Portal OR Office
    You can:
    • file online
    OR
    • file physically

    Step 3: Request “Annual Tax Return Form”
    This is the key thing.
    Fill:
    • your ASIN
    • your total income
    • deductions (if any)

    Step 4: Submit
    Once submitted:
    👉 they calculate your tax
    Step 5: Pay (If Needed)
    If you are a salary earner:
    ✓ tax already deducted (PAYE)
    → you may not need to pay again

    If you are self-employed:
    ✓ you may need to pay balance
    Step 6: Collect Proof
    Always collect:
    • receipt
    • acknowledgment slip

    Let Me Be Honest With You
    If you want ZERO stress:
    👉 go physically first time
    After that:
    ✓ you can do it online next year
    I HOPE THIS HELPS

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  3. Asked: March 31, 2026In: TAXATION & COMPLIANCE

    How To Filing PIT in Lagos State Using Smart phone and NOT Laptop

    Rose
    Rose Contributor Profile Credentials
    Added an answer on April 17, 2026 at 4:10 pm

    Filing PIT online is just filling a form and submitting it. Nothing more. The Platform You Will Use You will file through: 👉 Lagos State Internal Revenue Service Oya… Let’s Do It Step-by-Step (Using Your Phone) STEP 1: Open the LIRS Portal On your phone browser (Chrome/Safari): 👉 Go to: https://lirsRead more

    Filing PIT online is just filling a form and submitting it.
    Nothing more.
    The Platform You Will Use
    You will file through:
    👉 Lagos State Internal Revenue Service
    Oya… Let’s Do It Step-by-Step (Using Your Phone)
    STEP 1: Open the LIRS Portal
    On your phone browser (Chrome/Safari):
    👉 Go to: https://lirs.net
    STEP 2: Click “e-Tax” or “Self-Service Portal”
    Look for:
    • “eTax”
    • “Taxpayer Login”
    • “Self-Service”

    Tap it.
    STEP 3: Login
    Use your:
    • Tax ID (TIN – 13 digits)
    • Payer ID (N-****)
    • Password

    If You Don’t Have Password
    Click:
    👉 “Forgot Password”
    Then reset via your email/phone.
    STEP 4: Go to “Annual Returns”
    After login:
    Look for:
    👉 “File Annual Return”
    or
    👉 “Returns Filing”
    STEP 5: Select the Year
    Choose:
    👉 2025 (since you are filing for last year)
    STEP 6: Fill Your Details
    Now you will enter:
    1. Personal Info
    • Name (auto-filled mostly)
    • Address
    • Employment status

    2. Income Section
    Enter:
    • salary (if employed)
    • business income
    • other earnings

    3. Deductions
    Fill if applicable:
    • pension
    • NHF
    • NHIS

    (If you don’t know, you can leave or use payslip)
    STEP 7: Review Carefully
    Before submitting:
    Check:
    • no wrong figures
    • no missing fields

    STEP 8: Submit
    Tap:
    👉 Submit Return
    STEP 9: Download Acknowledgment
    After submission:
    ✓ download receipt
    ✓ screenshot confirmation

    STEP 10: Pay (If Required)
    If you are salary earner (PAYE)
    ✓ tax already deducted
    → no extra payment usually

    If self-employed
    You may see:
    👉 amount to pay
    Then:
    • pay online
    OR
    • generate payment slip

    Important Tip (Phone Users)
    If the site is not displaying well:
    👉 Turn on “Desktop Site” in your browser settings
    (This makes it easier to navigate)
    Let Me Be Honest With You
    Most errors happen because:
    • rushing
    • entering wrong figures
    • skipping review

    Common Mistakes to Avoid
    • wrong TIN
    • filing wrong year
    • not saving proof
    • poor internet connection during submission

    Deadline Reminder
    👉 Filing deadline: April 14, 2026 (extended)
    Final Truth
    You don’t need laptop.
    You don’t need agent.
    You just need:
    ✓ correct details
    ✓ patience
    ✓ internet

    Let Me Leave You With This
    Once you file it yourself once…
    You will never be afraid of tax again.
    Because what looks complex…
    Is actually simple when you understand it.

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  4. Asked: April 1, 2026In: TAXATION & COMPLIANCE

    Filing Of PIT For Unemployed Individual In Lagos State Using Smart Phone

    Rose
    Rose Contributor Profile Credentials
    Added an answer on April 17, 2026 at 4:10 pm

    Yes — you should still file. But… 👉 you will file what is called a NIL RETURN What Is NIL Return? It simply means: 👉 “I earned NO taxable income last year” Let Me Explain With a Simple Story Mama Ngozi didn’t sell tomatoes throughout 2025. At the end of the year… She still goes to report: 👉 “I madeRead more

    Yes — you should still file.
    But…
    👉 you will file what is called a NIL RETURN
    What Is NIL Return?
    It simply means:
    👉 “I earned NO taxable income last year”
    Let Me Explain With a Simple Story
    Mama Ngozi didn’t sell tomatoes throughout 2025.
    At the end of the year…
    She still goes to report:
    👉 “I made nothing”
    That is:
    ✓ compliance
    ✓ no penalty

    The Authority You’ll Use
    👉 Lagos State Internal Revenue Service
    Oya… Let’s Do It Step-by-Step (Using Your Phone)
    STEP 1: Open the Website
    On your phone browser:
    👉 Go to: https://lirs.net
    STEP 2: Click “eTax / Self-Service Portal”
    Look for:
    • eTax
    • Taxpayer Login

    Tap it.
    STEP 3: Login
    Enter:
    • TIN (your tax ID)
    • Payer ID
    • Password

    If You Don’t Have Password
    Click:
    👉 “Forgot Password”
    Reset it.
    STEP 4: Go to “File Annual Return”
    After login:
    Tap:
    👉 “Annual Returns”
    or
    👉 “File Return”

    STEP 5: Select Year
    Choose:
    👉 2025
    STEP 6: Enter Income
    This is the key part
    Since you were unemployed:
    👉 Enter:
    • Income = ₦0
    STEP 7: Confirm NIL Return
    There is usually an option like:
    ✓ “No Income”
    ✓ “Nil Return”

    Select it.
    STEP 8: Submit
    Tap:
    👉 Submit
    STEP 9: Download Proof
    Very important:
    • screenshot confirmation
    • download acknowledgment

    STEP 10: Payment
    👉 No payment required
    Because:
    ✓ no income = no tax
    Important Warning
    Do NOT include:
    • money from family
    • gifts
    • random transfers

    Those are:
    👉 NOT taxable
    Common Mistakes to Avoid
    • not filing at all
    • assuming “no income = no action”
    • rushing submission
    • not saving proof

    Deadline Reminder
    👉 Filing deadline: April 14, 2026
    Let Me Be Honest With You
    Government mainly wants:
    ✓ record
    ✓ compliance

    Even if you earned nothing.
    Final Truth
    Filing tax when unemployed is simple:
    👉 Declare zero
    👉 Submit
    👉 Keep proof

    Let Me Leave You With This
    Tax is not only about paying money.
    It is also about:
    ✓ staying compliant
    Once you understand that…
    You will never be confused again.
     

    Rose Ejituru

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  5. Asked: April 2, 2026In: FINANCIAL LITERACY

    Federal government bond issue

    Rose
    Rose Contributor Profile Credentials
    Added an answer on April 2, 2026 at 5:46 am

    FGN Bonds do NOT behave like your bank savings. Yes. Their value can go up and down on the screen. The Issuer Your bond is issued by: 👉 Debt Management Office Which means: ✓ backed by Federal Government ✓ considered low risk (in terms of default) Let Me Explain With a Simple Story Mama Ngozi lends ₦Read more

    FGN Bonds do NOT behave like your bank savings.

    Yes.

    Their value can go up and down on the screen.

    The Issuer

    Your bond is issued by:

    👉 Debt Management Office

    Which means:

    ✓ backed by Federal Government
    ✓ considered low risk (in terms of default)

    Let Me Explain With a Simple Story

    Mama Ngozi lends ₦5,000 to the government.

    The government promises:

    • to pay interest every year
    • to return ₦5,000 at maturity

    That ₦5,000 is called:

    👉 Face Value (your real investment)

    Oya… Relax Let Me Explain

    Why Is It Showing ₦3,800?

    That ₦3,800 is:

    👉 market value

    Not your actual loss.

    What Is Market Value?

    It is:

    ✓ what someone is willing to pay NOW if you sell

    Key Truth

    👉 Bond price moves up and down daily

    Why Does Bond Price Drop?

    1. Interest Rate Changes (Major Reason)

    If new bonds offer higher interest:

    • your old bond becomes less attractive

    So:

    👉 price drops

    2. Market Demand

    If fewer people want your bond:

    👉 price falls

    3. Time to Maturity

    Longer duration bonds fluctuate more.

    VERY IMPORTANT (Don’t Miss This)

    Did You Actually Lose Money?

    👉 NO — unless you SELL at ₦3,800

    If You HOLD Till Maturity

    You will receive:

    ✓ full ₦5,000
    ✓ plus all your interest

    So What You Are Seeing Is:

    👉 Unrealized loss

    Let Me Be Honest With You

    Many people panic because:

    • they think bond = fixed value

    But in reality:

    ✓ bond price moves
    ✓ but maturity value is fixed

    When Should You Worry?

    Only if:

    • you urgently need to sell now

    When Should You Relax?

    If:

    • you can hold till maturity

    Simple Truth

    • Sell now → you may lose
    • Hold → you recover full value

    What You Should Do Now

    Option 1: Hold

    Best for:

    ✓ long-term investors

    Option 2: Sell

    Only if:

    • you need cash urgently

    Final Truth

    Your ₦5,000 did not disappear.

    It is just:

    👉 being priced by the market

    Let Me Leave You With This

    In investing, there are two values:

    • market value (changes daily)
    • actual value (what you receive at the end)

    Smart investors focus on:

    ✓ the final value

    Not temporary fluctuations.

    Rose Ejituru

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  6. Asked: March 31, 2026In: TAXATION & COMPLIANCE

    Diasporans and the new tax law

    Rose
    Rose Contributor Profile Credentials
    Added an answer on April 1, 2026 at 4:44 am

    Tax in Nigeria is based mainly on RESIDENCE, not nationality. The Law Behind It Under: 👉 Personal Income Tax Act Your tax depends on: ✓ where you live ✓ where your income is sourced PART 1: DIASPORANS — DO THEY FILE TAX IN NIGERIA? Let Me Explain With a Simple Story Mama Ngozi travels to the UK. SheRead more

    Tax in Nigeria is based mainly on RESIDENCE, not nationality.

    The Law Behind It

    Under:

    👉 Personal Income Tax Act

    Your tax depends on:

    ✓ where you live
    ✓ where your income is sourced

    PART 1: DIASPORANS — DO THEY FILE TAX IN NIGERIA?

    Let Me Explain With a Simple Story

    Mama Ngozi travels to the UK.

    She now works and earns money there.

    Question:

    Will Nigeria tax her UK salary?

    👉 NO (in most cases)

    Why?

    Because:

    ✓ she is NOT resident in Nigeria
    ✓ income is NOT earned in Nigeria

    So When Will Diasporans Pay Tax in Nigeria?

    ONLY If:

    1. They earn income FROM Nigeria

    Examples:

    • rent from property in Nigeria
    • salary from Nigerian company
    • business income in Nigeria

    OR

    1. They are still considered tax resident in Nigeria

    (This depends on number of days spent in Nigeria — usually 183 days rule)

    So Final Answer (Diaspora)

    If:

    • you live abroad
    • no Nigerian income

    👉 You generally DO NOT file Nigerian PIT

    If:

    • you earn from Nigeria

    👉 You MUST file tax in Nigeria

    PART 2: NGX STOCK INVESTORS — DO YOU FILE TAX?

    Let’s Be Very Clear

    Trading on:

    👉 Nigerian Exchange Group

    does NOT automatically mean you must file tax.

    Why?

    Because in Nigeria:

    1. Capital Gains on Shares

    Currently:

    👉 Capital gains on listed shares are largely exempt
    (when traded on NGX, subject to conditions)

    2. Dividends

    Dividends are:

    ✓ already taxed at source (10% withholding tax)

    What Does This Mean?

    If You ONLY:

    • buy and sell shares
    • receive dividends

    👉 Tax is already handled

    So Do You Still File Annual Return?

    YES — if:

    • you are resident in Nigeria
    • you have other income (salary, business, etc.)

    NO (or minimal obligation) — if:

    • your ONLY income is stock trading/dividends

    Let Me Be Honest With You

    Many people think:

    “Once I invest, I must file tax”

    Not always true.

    Simple Breakdown

    Diasporan

    • No Nigerian income → No tax filing
    • Nigerian income → File tax

    NGX Investor

    • Only dividends → tax already deducted
    • active income + stocks → file return

    Final Truth

    Tax is not about:

    • where you are from

    It is about:

    ✓ where you earn
    ✓ where you live

    Let Me Leave You With This

    Whenever you’re confused about tax, ask:

    • “Where is this income coming from?”

    That one question…

    Will guide you to the correct answer every time.

    Rose Ejituru

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  7. Asked: March 31, 2026In: BANKING & FINANCIAL SERVICES

    Can I open a corporate account with Fintech bank?

    Rose
    Rose Contributor Profile Credentials
    Added an answer on April 1, 2026 at 4:38 am

    Yes — you CAN open a corporate (business) account with some fintech banks in Nigeria. But… 👉 Not all fintechs are the same. Let Me Explain With a Simple Story Mama Ngozi wants to expand her tomato business. She needs an account to: • receive payments • separate business money • track income She hasRead more

    Yes — you CAN open a corporate (business) account with some fintech banks in Nigeria.

    But…

    👉 Not all fintechs are the same.

    Let Me Explain With a Simple Story

    Mama Ngozi wants to expand her tomato business.

    She needs an account to:

    • receive payments
    • separate business money
    • track income

    She has two options:

    Option 1: Traditional Bank

    Like:

    • Access Bank
    • GTBank

    Option 2: Fintech Bank

    Like:

    • Opay
    • Moniepoint
    • Kuda Bank

    Oya… Relax Let Me Explain

    1. Types of “Corporate Accounts” in Fintech

    A. Business Account (For Individuals / Small Businesses)

    Most fintechs offer this.

    Good for:

    • freelancers
    • small business owners
    • side hustles

    B. Full Corporate Account (For Registered Companies)

    This is for:

    • CAC-registered businesses (Ltd, etc.)

    Not all fintechs support this fully.

    2. What Fintechs Can Do Well

    Advantages

    • easy setup (from your phone)
    • fast transfers
    • lower charges
    • clean app interface

    3. Limitations You Must Know

    Some fintechs may NOT support:

    • complex corporate structures
    • international transactions (fully)
    • large business compliance needs

    Let Me Be Honest With You

    Fintech is excellent for:

    ✓ starting
    ✓ running daily operations

    But may not be enough for:

    ✓ large-scale corporate needs

    4. What You Should Choose Based On Your Level

    If You Are Just Starting

    Use fintech like:

    • Moniepoint
    • Opay

    If You Have Registered Company (CAC)

    Better to combine:

    • fintech account
    AND
    • traditional bank

    5. Documents You May Need

    For Business Account

    • BVN
    • NIN
    • phone number

    For Corporate Account (CAC)

    • CAC certificate
    • RC number
    • company documents
    • directors’ details

    Final Truth

    Yes — fintech can work for business.

    But:

    👉 choose based on your business level

    Let Me Leave You With This

    Don’t ask:

    • “Which bank is best?”

    Ask:

    ✓ “What does my business need right now?”

    Because the right account…

    Depends on your stage.

    Rose Ejituru

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  8. Asked: March 31, 2026In: FINANCIAL LITERACY

    Tax returns on inconsistent salary

    Rose
    Rose Contributor Profile Credentials
    Added an answer on April 1, 2026 at 4:33 am

    Tax is NOT calculated monthly. 👉 It is calculated on your total income for the whole year Let Me Explain With a Simple Story Mama Ngozi sells tomatoes. Some months: • she makes ₦100,000 Some months: • ₦50,000 One month: • ₦0 At the end of the year… Government does NOT ask: “Why was August zero?” TheRead more

    Tax is NOT calculated monthly.

    👉 It is calculated on your total income for the whole year

    Let Me Explain With a Simple Story

    Mama Ngozi sells tomatoes.

    Some months:

    • she makes ₦100,000
    Some months:
    • ₦50,000
    One month:
    • ₦0

    At the end of the year…

    Government does NOT ask:

    “Why was August zero?”

    They ask:

    👉 “How much did you make in total this year?”

    Oya… Relax Let Me Explain

    Your Situation (Teacher Example)

    Let’s break it down:

    • 9 months → full salary
    • 2 months → half salary
    • 1 month → no salary

    Step 1: Calculate Total Annual Income

    Example (Simple Numbers)

    Let’s assume:

    • Full salary = ₦50,000

    Now Calculate:

    • 9 months → 9 × ₦50,000 = ₦450,000
    • 2 months (half) → 2 × ₦25,000 = ₦50,000
    • 1 month (zero) → ₦0

    Total Income

    👉 ₦450,000 + ₦50,000 = ₦500,000

    That ₦500,000 Is What You Will Use

    Not monthly figures.

    Step 2: Use This Total to File

    When filling your tax:

    👉 Enter total annual income

    Step 3: Apply Deductions (If Any)

    If applicable:

    • pension
    • NHF
    • NHIS

    These reduce taxable income.

    Step 4: Submit Your Return

    Through:

    👉 Lagos State Internal Revenue Service
    (or your state tax office)

    Important Thing You Must Know

    Irregular salary:

    ✓ does NOT change your obligation

    It only changes:

    ✓ your total income

    Let Me Be Honest With You

    Many people overcomplicate tax because:

    • income is not stable

    But tax system is simple:

    👉 Total everything and report once

    If You Are a Salary Earner (PAYE)

    Very important.

    Your employer may already:

    ✓ deduct tax monthly

    Even if amounts vary.

    So What You Do

    • confirm total income
    • confirm total tax deducted
    • file return

    Final Truth

    Tax does not care:

    • how many months you worked

    It cares:

    ✓ how much you earned in total

    Let Me Leave You With This

    Stop thinking:

    • “My income is inconsistent, so tax is hard”

    Think:

    ✓ “What is my total for the year?”

    Once you answer that…

    Tax becomes very simple.

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  9. Asked: March 31, 2026In: TAXATION & COMPLIANCE

    State To File PIT State of residence or Origin

    Rose
    Best Answer
    Rose Contributor Profile Credentials
    Added an answer on April 1, 2026 at 4:21 am

    You file your Personal Income Tax where you LIVE and WORK. Not where you are from. The Law Behind It Under the Nigerian tax system guided by: 👉 Personal Income Tax Act Tax is based on: ✓ place of residence Let Me Explain With a Simple Story Mama Ngozi is from Enugu. But she lives and sells tomatoesRead more

    You file your Personal Income Tax where you LIVE and WORK.

    Not where you are from.

    The Law Behind It

    Under the Nigerian tax system guided by:

    👉 Personal Income Tax Act

    Tax is based on:

    ✓ place of residence

    Let Me Explain With a Simple Story

    Mama Ngozi is from Enugu.

    But she lives and sells tomatoes in Lagos.

    Question:

    Where does she pay her market dues?

    • Enugu? ❌
    • Lagos? ✅

    Why?

    Because:

    ✓ that is where she is earning money

    Oya… Relax Let Me Explain

    Your Situation

    • You live in Lagos
    • You work/earn in Lagos

    So:

    👉 You file in
    Lagos State Internal Revenue Service

    NOT Osun State.

    Important Exception (Very Rare)

    Only file in your state of origin if:

    • you actually live there
    • or earn income there

    About the Deadline You Mentioned

    Yes — you are correct.

    👉 Lagos State Internal Revenue Service extended the deadline to:

    April 14, 2026

    What This Means

    You still have time to:

    ✓ file your return
    ✓ avoid penalty

    Let Me Be Honest With You

    Many people make this mistake:

    • filing in wrong state
    • or not filing at all

    What You Should Do Now

    Step 1

    File through Lagos (LIRS)

    Step 2

    Ensure your:

    • TIN
    • records
    • income details

    are correct

    Step 3

    Submit before deadline

    Final Truth

    Tax follows:

    ✓ where you live
    ✓ where you earn

    Not:

    ✓ your village
    ✓ your origin

    Let Me Leave You With This

    Whenever you’re confused about tax location, ask:

    • “Where am I making my money from?”

    That answer will always guide you correctly.

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  10. Asked: April 1, 2026In: BUSINESS & WEALTH CREATION

    USA stocks clarity on total returns

    Rose
    Rose Contributor Profile Credentials
    Added an answer on April 1, 2026 at 4:16 am

    That “Total Return” is your PROFIT (or loss). Yes. Simple as that. Let Me Explain With a Simple Story Mama Ngozi buys tomatoes for ₦10,000. After one week, the tomatoes are now worth ₦11,500. What is her gain? ₦11,500 – ₦10,000 = ₦1,500 profit That ₦1,500 is her return Oya… Relax Let Me Explain WhatRead more

    That “Total Return” is your PROFIT (or loss).

    Yes.

    Simple as that.

    Let Me Explain With a Simple Story

    Mama Ngozi buys tomatoes for ₦10,000.

    After one week, the tomatoes are now worth ₦11,500.

    What is her gain?

    ₦11,500 – ₦10,000 = ₦1,500 profit

    That ₦1,500 is her return

    Oya… Relax Let Me Explain

    What “Total Return” Means

    When your app shows:

    • +$1.50
    •
    +$3.70
    •
    +$4.17

    It means:

    👉 That is how much profit you have made on each stock

    Example Breakdown

    Stock A

    You invested maybe:

    • $50

    Now it is worth:

    • $51.50

    👉 Total return = +$1.50

    Stock B

    You invested:

    • $100

    Now:

    • $103.70

    👉 Return = +$3.70

    Stock C

    You invested:

    • $80

    Now:

    • $84.17

    👉 Return = +$4.17

    Important Thing You Must Know

    This return comes from:

    1. Price Increase

    If the stock price goes up:

    ✓ your return increases

    2. Dividends (if any)

    If the company pays dividend:

    ✓ it adds to your return

    Let Me Be Honest With You

    That number is:

    ✓ not yet your money in hand

    Why?

    Because:

    👉 You have NOT sold the stock yet

    So It Is Called:

    ✓ Unrealized profit

    When Does It Become Real Money?

    Only when you:

    👉 SELL the stock

    Simple Truth

    • Before selling → profit on screen
    • After selling → profit in your pocket

    Final Truth

    Those numbers you are seeing mean:

    👉 Your investment is currently growing

    Let Me Leave You With This

    Don’t rush to sell just because you see small profit.

    Ask yourself:

    • Am I investing long-term?
    • Do I believe in this company?

    Because real wealth is not built from:

    ✓ small quick gains

    But from:

    ✓ patience and growth over time

     

    Rose Ejituru

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