Get the latest finance news and insights in Nigeria. Learn about banking, investment, personal finance, money management, and economic updates to help you make smart financial decisions.
Social media has revolutionized the fashion industry. Instagram and TikTok turned everyday people into influencers, thrifted finds into must-haves, and micro-trends into full-blown movements. But beneath the glitter and glamour lies another story—one of challenges, pressure, and consequences that both consumers and brands are quietly facing. 🚀 The Fast Fashion Frenzy Trends no longer last…
Introduction Cryptocurrency has gone from a niche tech experiment to a global financial trend. Millions of people now trade Bitcoin, Ethereum, and other tokens daily. But while the digital economy feels borderless and free, governments are catching up fast. Crypto may be decentralized, but taxes are not. How Governments See Crypto To tax authorities, cryptocurrency…
Introduction Climate change isn’t just an environmental issue—it’s also an economic one. Around the world, governments are turning to green taxes (also known as environmental taxes) to reduce pollution, encourage clean energy, and fund sustainability projects. But what exactly are green taxes, and how do they affect individuals and businesses? What Are Green Taxes? Green…
Introduction The rise of remote work has created a new class of professionals known as digital nomads—people who earn online while traveling the world. It sounds like freedom: work from Bali today, Lisbon tomorrow, Lagos next week. But one big question follows them everywhere: where do they pay taxes? The Tax Dilemma of a Borderless…
Introduction When most people think about taxes, the first things that come to mind are numbers, penalties, and government policies. But beyond the laws and figures lies a powerful factor that shapes how we respond to taxes—human psychology. From trust in government to social influence, our mindset plays a bigger role in tax compliance than…
Starting or running a business is more than just selling products or services. To succeed, it’s important to understand how businesses are classified. Business classification simply means grouping businesses into categories based on factors like ownership, size, activities, or structure. Knowing these classifications helps entrepreneurs, investors, and even governments understand how businesses operate and are…
The Federal Government has officially announced a major tax reform that will take effect from January 1, 2026. The update was shared by Taiwo Oyedele, Chairman of the Presidential Fiscal Policy and Tax Reforms Committee, in a post on X (formerly Twitter) on Monday, September 8. According to Oyedele, the reforms are covered under four…
If you want to know the true value of a business or investment, a Discounted Cash Flow (DCF) model is one of the most powerful tools in finance. It helps you estimate what a company is worth today based on its future expected cash flows. Here’s a simple guide to building your own DCF model:…
Financial discipline is the ability to plan, manage, and control how you earn, spend, save, and invest money in a consistent and responsible way. It’s about making intentional financial decisions rather than acting on impulse. Here are some key aspects of financial discipline: loans.
Running a business in Nigeria can be rewarding, but one of the toughest hurdles entrepreneurs face is multiple taxation. From federal levies to state and local government demands, businesses often struggle with overlapping taxes and charges that reduce profits and discourage growth. Fortunately, with the right strategies, these challenges can be managed effectively. 1. Understand…
