Living Life

Starting January 1, 2026, Nigerians — including minimum wage earners and small business owners — are set to enjoy tax reliefs and exemptions under the country’s new tax reform laws. Taiwo Oyedele, chairman of the Presidential Fiscal Policy and Tax Reforms Committee, announced in a post on X on Monday that the reforms include 50 different tax exemptions and relief measures aimed at easing the financial burden on citizens and boosting economic growth. He said that with the implementation of the law from 1 January 2026: 1. individuals earning the N70,000 national minimum wage or less will be exempted from personal income tax (PAYE). 2. Individuals whose annual gross income is N1,200,000 (translating to about N800,000 taxable income) is exempt. 3. There will be reduced PAYE tax for those earning annual gross income up to N20 million. 4. Gifts received will also not be taxed. 𝐀𝐥𝐥𝐨𝐰𝐚𝐛𝐥𝐞 𝐃𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧𝐬 & 𝐑𝐞𝐥𝐢𝐞𝐟𝐬 𝐟𝐨𝐫 𝐢𝐧𝐝𝐢𝐯𝐢𝐝𝐮𝐚𝐥𝐬 - for N...

HERE ARE 20 BUSINESSES YOU CAN START WITH 100,000 NAIRA. 1. BEDSHEETS/BEDDINGS PRODUCTION Photo by  Curtis Adams  from  Pexels Pay a visit to Lagos Island, or Oshodi where they sell bulk materials, pick good designs and I tell you the guys who will sew it for you are just within the same Market. You can start with less than N100,000 and diligently grow your money. 2. SHIRT PRODUCTION A sweet side hustle. There are tailors in Lagos Island or better learn the skill it will save you all the heartbreaks imaginable. Taiwo Street in Lagos Island is where you should be. Materials ranging from N700 – N1,000 per yard, sew for N1,500-N2,000 Sell for N5,000-N7,000. 3. BOXERS PRODUCTIONS  Schedule a trip to Aba Market, The cost of production of boxers, you can get one for as low as N300, all you need is to package it in 3s, and market these babies properly beg your friend on twitter for RTs, we buy 3s pack boxers for N1500-N2500 sell yours for N1200 and gradually grow. 4. E-PAY...

10 Ways to Become Financially Independent People can choose to define financial independence in their own way — after all, not everyone wants a private jet and a mansion. However reaching real financial independence — the ability to live comfortably off one’s savings and investments with no debt whatsoever — could be easier than you think. It takes a plan. Many individuals — particularly those with a healthy self-discipline and solid financial guidance — can reach this goal. Here are 10 ideas to get started. Visualize first, then plan . Anyone’s vision of financial independence can probably use a reality check. Start by considering what your vision actually looks like and then gather some qualified financial advice to set — or reset — your course. The path to financial independence may be considerably different at age 20 than it is at age 50; the more time you have to save and invest generally produces a better outcome. But whatever age you are, start by getting a realistic picture of ...