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What is the tax filing deadline for individuals and businesses in Enugu State, Nigeria?
For Enugu State personal and business income tax filing deadlines (including your case as an employee with PAYE and side‑hustle income): 📅 Annual Tax Filing Deadline The official deadline in Enugu State is 31 March each year for the previous year’s income tax returns (e.g., 2025 returns must be fileRead more
For Enugu State personal and business income tax filing deadlines (including your case as an employee with PAYE and side‑hustle income):
📅 Annual Tax Filing Deadline
The official deadline in Enugu State is 31 March each year for the previous year’s income tax returns (e.g., 2025 returns must be filed by 31 March 2026).
🧾 What This Means
You must prepare and submit your Annual Return for personal income (including all sources of income) by 31 March.
This applies whether you are a salaried worker (with PAYE already deducted) and/or earning additional income from a side business.
⚠️ Important
Filing after 31 March can lead to penalties or enforcement actions under state tax law.
This deadline aligns with national practice in most Nigerian states that require individual tax returns within 90 days after year‑end (31 Dec).
If you want, I can outline the step‑by‑step process for filing your combined personal (PAYE + side hustle) tax return in Enugu, including documents you’ll need and how to compute the total taxable income.
See lessWhat are the differences between FIRS and state IRS tax filing processes in Nigeria for annual returns?
How can I file my personal income tax in Anambra Nigeria?
How can I file my personal income tax in Anambra Nigeria?
See lessCan Fokona Be Listed on the Nigerian Stock Exchange (NGX) in the Future?
Yes — Fokona can be listed on the Nigerian Exchange (NGX) in the future, but there is currently NO official announcement that it will be listed. Here’s the clear breakdown: First — What Fokona is today From available information, Fokona is currently a financial knowledge platform where people ask anRead more
Yes — Fokona can be listed on the Nigerian Exchange (NGX) in the future, but there is currently NO official announcement that it will be listed.
Here’s the clear breakdown:
First — What Fokona is today
From available information, Fokona is currently a financial knowledge platform where people ask and answer questions about investing, business, taxes, and money matters across Africa.
It is also described as:
A profit-making company
Registered as a Limited Liability Company in Nigeria
Being built with long-term growth ambitions
So right now, Fokona is still a private company — not listed.
Can Fokona be listed on NGX in the future?
Yes — any private company can eventually list if it meets conditions like:
Requirements to list on NGX
For Fokona to be listed, it must:
Grow large enough (revenue, profits, users)
Become financially stable
Meet corporate governance requirements
Hire auditors & investment banks
Apply for IPO (Initial Public Offering)
If Fokona becomes a multi-billion company as you mentioned, listing becomes very likely.
Examples of companies that did this:
MTN Nigeria
Airtel Africa
Seplat
Dangote Cement
They all started private → later listed.
Important thing (Very interesting 👇)
There is also a statement that:
Fokona is NOT collecting money from the public for now
The public will only invest when the company decides officially
That suggests:
They may be planning future investment rounds
But not yet open to investors
My honest professional view
If Fokona:
Gains many users
Builds revenue
Expands across Africa
Then listing on NGX becomes very realistic.
But if it remains small or early-stage:
Listing may take 5–10 years
Or may never happen
See lessCan Financial Knowledge From Fokona Help Students in Nigeria Even Without Investment Capital?
You're thinking in the right direction — and honestly, this is a very powerful mindset for someone who is still a student. 📈 You're not "blindly following" — you're investing in knowledge first, which is actually what most successful investors do before money comes. Here’s a cleaner and more engaginRead more
You’re thinking in the right direction — and honestly, this is a very powerful mindset for someone who is still a student. 📈
You’re not “blindly following” — you’re investing in knowledge first, which is actually what most successful investors do before money comes.
Here’s a cleaner and more engaging version of your message you can post on Fokona:
Writing
Some of us are currently following Fokona not because we already have money to invest, but because we want to gain knowledge first.
As students, we are learning, observing, and preparing ourselves for opportunities ahead. Even without capital, we believe that understanding finance today will position us better tomorrow.
We are engaging with Iking Ferry’s financial content with the hope that, step by step, Fokona will continue to add value to our lives.
Because sometimes, knowledge comes first… then opportunities follow.
This kind of post does a few important things:
Shows maturity 🧠
Attracts like-minded students 🎓
Encourages meaningful discussion 💬
Builds your presence on Fokona 🚀
Also, since you’re a student who is careful with spending and saving (like you mentioned earlier), you’re actually the exact kind of person Fokona content benefits most.
Because:
First comes knowledge
Then comes discipline
Then comes money
Then comes investing
See lessWhat Does the “Is This Question a Poll?” Feature Mean on Fokona and How Does It Work?
On Fokona, that line “Is this question a poll? If you want to be doing a poll click here” is asking whether you want to turn your post into a poll — it’s not confusing text, it’s a user‑option indicator. Here’s what it means in plain terms: ✅ What “poll” means A poll is an interactive question whereRead more
On Fokona, that line “Is this question a poll? If you want to be doing a poll click here” is asking whether you want to turn your post into a poll — it’s not confusing text, it’s a user‑option indicator.
Here’s what it means in plain terms:
✅ What “poll” means
A poll is an interactive question where people vote on choices you give them. So instead of just posting a normal text question, you can let other users select from multiple options you create. Polls are common in social media apps to collect opinions fast.
Imagine you want to ask:
“Which feature do you like more? A or B?”
With a poll, users can tap A or B to vote, and results may show how many voted for each. You’re basically creating a mini‑survey to get quick feedback from others.
✅ What That Prompt on Fokona Means
When you see:
“Is this question a poll? If you want to be doing a poll click here.”
— That’s giving you the option to:
✔️ Turn your question into a poll — meaning:
You will add answer choices
People can vote instead of just writing a reply
The app will treat it as a poll post rather than a standard text question
If you don’t click it, your post will just be a normal question that people can answer in text form.
So essentially:
Normal question: People type replies.
Poll question: People tap one of your options to vote — just like a quick survey.
Why Fokona Shows That Message
It’s the app’s way of saying:
“Do you want this to be a poll instead of a normal question?”
If you click it:
The poll creator UI will show fields to add options (A, B, C, etc.)
Users will see your question as “Which option do you choose?” rather than “What do you think?”
Simple Example
💬 You write:
“What should we do this weekend?”
If you check Poll, you get options like:
Go to the beach
Watch movie
Hang out at cafe
See lessWhat Information Should Be Included in Profile Credentials and a Professional Bio on a Platform Like Fokona?
Your profile is not just information. ✓ It is your first impression Before anyone meets you… They meet your profile. Let’s Break It Down Properly 1. Profile Credentials (Facts About You) Think of this as: ✓ your verified background No stories. Just facts. What You Can Include • Your profession • CerRead more
Your profile is not just information.
✓ It is your first impression
Before anyone meets you…
They meet your profile.
Let’s Break It Down Properly
1. Profile Credentials (Facts About You)
Think of this as:
✓ your verified background
No stories.
Just facts.
What You Can Include
• Your profession
• Certifications
• Education
• Key skills
• Relevant experience
Important Rule
✓ Keep credentials short, factual, and clean
2. Professional Bio (Your Story + Direction)
This is different.
This is where you explain:
✓ who you are
✓ what you do
✓ where you’re going
What to Include
1. Who You Are
Start simple:
• your profession
• your current focus
2. What You Do
Explain:
• your work
• your skills
• your value
3. What You’re Building
This is powerful.
Show direction:
• career goals
• interests
• future path
Let Me Be Honest With You
Most people make one mistake.
They either:
• write too little
OR
• try to sound too big
The Right Balance
✓ clear
✓ simple
✓ focused
✓ real
Final Truth
Your credentials show:
✓ what you have done
Your bio shows:
✓ where you are going
Let Me Leave You With This
When someone reads your profile, they should understand:
• who you are
• what you do
• what value you bring
In less than 30 seconds.
If they can…
✓ your profile is working.
Rose Ejituru
See lessHow Long Does It Take for a Profile Picture to Appear on Fokona After Uploading?
ASAP! like immediately your picture is uploaded
ASAP! like immediately your picture is uploaded
See lessDo I Still Need an E-Dividend Mandate Form After Signing Up with InvestNaija, or Can Dividends Be Credited Directly to My Bank Account?
Your concern is very valid — and honestly, you're thinking like a careful investor, which is exactly what beginners should do. 👏 Let me break this down clearly. Short Answer Do NOT rely on that response alone. You should still confirm your e-dividend mandate status yourself. Because: Some brokers asRead more
Your concern is very valid — and honestly, you’re thinking like a careful investor, which is exactly what beginners should do. 👏
Let me break this down clearly.
Short Answer
Do NOT rely on that response alone.
You should still confirm your e-dividend mandate status yourself.
Because:
Some brokers assume your details are already registered
But many investors still miss dividends because e-dividend was not properly set up
So you’re right to double-check.
Here’s What’s Happening
You received an email from:
Coronation Registrars Plc
This usually means:
Your details were forwarded to the registrar
OR you hold shares they manage
But this does NOT automatically confirm that:
Your e-dividend mandate is active
Your bank account is linked for dividend payment
These are two different things.
Why Your Doubt is Reasonable
You already noticed:
InvestNaija previously told you you can’t use existing CHN
But that turned out not true
That shows:
Some customer support agents may not always give accurate answers
So verifying independently is smart
You’re doing the right thing 👍
What You Should Do Now (Best Practice)
Step 1: Confirm From Registrar Directly
Reply to the email from
Coronation Registrars Plc
Ask them:
Is my e-dividend mandate active?
Is my bank account registered for dividend payment?
Do I need to fill e-dividend mandate form?
This is the most reliable confirmation.
Step 2: You Can Also Check via SEC Portal
You can verify your e-dividend status via:
Securities and Exchange Commission Nigeria e-Dividend Portal
This allows you to:
Register e-dividend
Confirm existing registration
Link bank account
My Professional Advice (Very Important)
Even if your broker says you don’t need it, I still recommend:
Always fill e-dividend mandate once
Why?
It’s one-time
Prevents future issues
Ensures direct bank payment
See lessHow to Refer People on Fokona and Earn Rewards Through Referrals?
Great question, and this is one of the easiest ways to grow your points on Fokona, even as a beginner. Let me explain it in a very simple way using a story Imagine you tell your friend: “Come and join this platform where you can learn about money, business, and investing.” Now your friend signs up bRead more
Great question, and this is one of the easiest ways to grow your points on Fokona, even as a beginner.
Let me explain it in a very simple way using a story
Imagine you tell your friend:
Now your friend signs up because of you.
That means you introduced value to someone, and Fokona rewards you for that.
Here’s How to Refer People on Fokona
Follow these simple steps:
1. Log into your Fokona account
2. Go to your Profile and Click on Referrals Page
3. Copy your referral link
4. Send it to your friends (WhatsApp, Facebook, etc.)
Another Method (Even Easier)
You can also:
Enter the person’s email address
The platform will automatically send them an invite message
Once they sign up using your link, your referral is recorded.
Here’s What You Earn from Referrals
1. When Someone Signs Up
You get 5 points
This means you successfully brought a new user to the platform.
2. When They Upgrade (Paid Membership)
You get 20 points
This is a higher reward because you brought a serious user.
Here’s Why Fokona Referral is Powerful
Referral is not just about points.
It helps you:
Grow faster on the platform
Increase your visibility
Build your network
Move from Beginner to Higher level on Fokona faster
Here’s my Advice:
Don’t just send your link randomly.
Tell people why they should join
For example:
“You can learn about money here”
“You can ask questions and get real answers”
“You can also earn points like me”
On Fokona, growth is simple:
The more value you bring, even by inviting others, the more you earn.
So start small:
Share your link
Invite your friends
Grow Together.
Fokona is built for learning, sharing, and growing, and referrals are one of the fastest ways to grow your journey.
See lessIs Fokona Registered or Recognized by Nigerian Financial Regulators Like SEC or FIRS?
Fokona is not a financial institution or regulatory body, and it is not required to be registered with SEC or FIRS as an advisory firm. Fokona operates as a financial knowledge-sharing platform designed to help users learn, ask questions, and gain insights from a community of contributors. To ensureRead more
Fokona is not a financial institution or regulatory body, and it is not required to be registered with SEC or FIRS as an advisory firm.
Fokona operates as a financial knowledge-sharing platform designed to help users learn, ask questions, and gain insights from a community of contributors.
To ensure transparency, user levels (such as Beginner, Professional, or Expert) are clearly displayed, and we are building a verified expert system for certified professionals.
All content on Fokona is for educational purposes only and should not be considered financial advice. Users are encouraged to conduct personal research or consult licensed professionals before making financial decisions.
See less