Still on the subject matter of payroll fundamentals in Nigeria. We all are aware that Nigeria’s payroll landscape has changed effective from 1st January 2026. We previously built a free web-based PAYE calculator for Nigerians based on the new Nigeria Tax Act 2025 by flexing some of our programming skills as accountants. This is equivalent […]

By a Nigerian Tax Professor with 20+ Years’ Practice Experience For many Nigerians, tax season arrives quietly without the usual noise until a compliance notice, bank restriction (now possible under the new tax law), or employer audit brings it sharply into focus. At this point, the shit has already hit the ceiling fan, and I […]

Withholding Tax (WHT) remains one of the most misunderstood – and most penalised – aspects of tax compliance in Nigeria. Despite being deducted at source, errors in WHT treatment continue to expose businesses to penalties, interest, rejected tax credits, and regulatory disputes. This guide explains what WHT is, how it works in practice, common mistakes […]

If you’ve ever tried to calculate PAYE in Nigeria using Excel formulas, rough estimates, or the famous “HR vibes method,” this update is for you. The Nigeria Tax Act 2025 has rewritten the rules of personal income tax to reflect; New bands, new reliefs, CRA abolished, rent relief introduced, Minimum tax eliminated. These changes for […]

For many small and medium-sized enterprises (SMEs) in Nigeria, financial reporting is often treated as a compliance checkbox. Yet the business environment is changing rapidly – especially now that the federal government is tightening up financial leakages by reforming the tax system. Investors, lenders, regulators, and even customers are demanding greater transparency. This makes adherence […]

A major aspect of the function of management accounting is to process, evaluate and provide information to decision makers on topics that may likely be of concern to the business entity. The rise of green technology, driven by the global push toward sustainability and climate change mitigation, has broad-reaching implications for accounting and finance and […]

Introduction It is the wish and desire of every election stakeholder to avoid post-election campaign internal crisis that always stem from one form of financial misappropriation or the other. The management of campaign donations is a critical aspect of political campaigning, requiring meticulous attention to transparency and ethical practices. As the campaign manager of a […]

Abstract: It is now a well-established fact that the financial management landscape has fully embraced business technology. The integration of Artificial Intelligence (AI) into Accounts Receivable (AR) processes presents a digital transformative opportunity for businesses. This article explores the various applications of AI in AR management, detailing how these technologies can enhance efficiency, accuracy, and […]

As an accountant with over 15 years of experience working in various audit role, I can confirm that auditing Personal Income Tax (PAYE) can be very problematic if not handled with care. This PAYE Calculator even though in its beta stage has proven to be an invaluable tool in the toolkit of professional accountants working […]

Life is full of series of decisions that we make even without knowing it. We choose how to react to a given situation within split seconds. The decision to be angry or not to be angry in a given situation is make almost spontaneously. This does not mean that now active decision is made in […]

I have been getting requests ever since I wrote an article on the external sources of information for strategic decision to write this article on the needed information for strategic decision-making. While writing that post, I erroneously assumed that people looking for sources of information already knows what information they are looking for, boy was […]

In today’s accounting blog article, our attention would be shifted to providing a feasible step by step tutorial on how to perform a value chain analysis. I will be sharing some real life value chain analysis experience that I gained working in a manufacturing company. Before we delve into explaining how to perform a value […]

In today’s complex business landscape, ensuring that your organization operates within the bounds of the law and adheres to industry-specific regulations is of paramount importance. Building a compliance structure within your business is not only a legal requirement but also a business ethics imperative that can safeguard your brand and promote trust among stakeholders. In […]

“Assuming any of the nomenclatures (manager, boss and leader) has it’s aha moments and not so nice repercussions, which of the positions do you think is better to be?” was the topic of discussion that I was recently took part in. The participants of that discussion put lots of insightful points and arguments forward. Today’s […]

This article is a product of responses to the requests of readers of this accounting blog in reaction to my initial article on how to become a hybrid accountant. The request was that I should prepare a comprehensive article that covers most important aspects of hybrid accounting ranging from providing solution to the question ‘what […]