Good day, I would appreciate some clarification regarding taxation. Assuming I borrow ₦5, 000,000 to start a business and the funds are transferred into my bank account as an inflow, would that amount be subject to tax at the end of the ...Read more
Fokona Latest Questions
With compounding interest, calculate the total interest of the capital of 2.5m where interest is 16.77% per anume. If I invest 2.5m naira. What’s gonna be my 12 months return of interest
Good evening Mr ferry please I have a question bothering me I will need your advice on this.. do I pay any other tax if I use my cooperate brokerage account to invest in money market mutual fund …I heard ...Read more
Please I’ll like a detailed explanation on how cryptocurrency are taxed here in Nigeria, for instance 1. Interest from trading crypto 2. Income from mining app 3. And other aspects
Calculate my total investment for 17 year MMMF if I invest #5 deposit
A welder who registered as a company since July 2025, when is it due to file my tax and how do I go about it? Thanks
How do one get Tax Identification Number in Nigeria?
Am a civil servant. Please I need step by step on how to get my tin number.
Hi,can you pls list names of company that will be beneficiary indirectly or direct in Dangote refinery ?
Hi IKing Ferry, Please I need more clarification about how tax works for holding companies and group structures in Nigeria. For example, if somebody owns a holding company with multiple subsidiaries under it, does FIRS now NRS calculate the tax ...Read more