Nigeria has the largest population of any country in Africa, and is Africa’s second-largest economy. Nigeria acts as a gateway for trade links with partners across the Atlantic Ocean as well as globally. As an emerging economy, Nigeria’s rapid growth has been driven by natural resources, including oil reserves. Other sectors that contribute significantly to its economy include agriculture, manufacturing, telecommunications, and financial services. Nigeria also has become one of Africia’s major banking markets, drawing a range of international investment interest in response.
Employers need to follow the strict employment guidelines set forth by the local authorities before they could employ in Nigeria. This process can be time-consuming as the company first needs a legal entity in the country and it needs to manage payroll, tax, benefits and compliance.
Global payroll solutions make it easy to find and hire top talent in Nigeria. With one seamless integration and local legal entity, we take care of the compliance matters so that you can start your globelizing plan immediately.
Nigeria’s worker classification labour and tax laws distinguish between contractors and full timers. If the individual meets the legal definition of an employee but is classified as a contractor, your company will face penalties.
Employment matters in Nigeria are governed by the Labour Act. It contains declarations of principles relating to right to work, fair payment, maximum working hours, minimum wages, labour disputes, occupational safety and health, as well as rights of female workers and juveniles.
Globelise will be able to help you navigate through the employment process and so that you will be able to offer a competitive and compliance offer to attract and retain your employees in Nigeria
The Nigeria Labour Congress is designed to help Nigeria stay competitive and workers remain employable. They work with the local authorities to tackle issues such as promotion of fair and progressive employment practices, flexible wage system, among other labour-related issues. Employees may seek their union for help when they feel that they are unfairly treated or have been non-compliant with their employment terms.
A probation period is not required in Nigeria.
Company or Individuals who are looking to hire talents and run payroll globally
Talents who wants to work compliantly from anywhere