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Nigerian Naira (₦)





UTC + 1:00

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.

How to build a team in Nigeria

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.

Compliance risk

Risk of misclassification

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.

Let’s not make global expansion overwhelming.
Go global today!

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