|Population||About 167 million|
|Language||Official: English. Recognised regional languages: Hausa, Igbo and Yoruba.|
|Time Zone||GMT +1|
|Currency||1 Naira (NGN) = 100 kobo|
* Click here for the latest rate of exchange.
Entry Visa on arrival for ECOWAS nationals (Benin, Burkina Faso, Cape Verde, Gambia, Ghana, Guinea, Guinea-Bissau, Ivory Coast, Liberia, Mali, Niger, Nigeria, Senegal, Sierra Leone and Togo.)
Mandatory Entry Visa before arrival for all other nationals.
Click here for latest IATA travel requirements for Nigeria.
Combined Residence/Work Permit required for all foreign nationals wishing to work in Nigeria.
Non Residents, working in Nigeria for less than 183 days in the financial year, are liable only for their local income.
Residents, working in Nigeria for 183 days or more, are liable for their income worldwide.
Progressive up to 24% of taxable income.
Pension contributions mandatory except for foreign contractors already covered by an equivalent scheme abroad.
Employer contribution: 10%.
Employee contribution: 8%.
The income retention depends amongst others on the duration of the assignment, contract rate, marital status and taxation and social security agreements between Nigeria and the foreign nationals' country.
Please contact Access Financial for more information.