Expand your Global Workforce to 
Nigeria
- Get full HR management services in Nigeria
- Handle work permits and visas
- Source and recruit top talent
- Manage payroll with accurate payments
- Support employee transitions with outplacement services
- Complete EOR services in Nigeria
POPULATION
220,000,000
LANGUAGES
English
COUNTRY CAPITAL
Abuja
CURRENCY
NGN
Nigerian Economic Overview
Nigeria’s economy is primarily dependent on oil earnings and supplemented by agriculture and trading. The country has a population of about 220 million people as of 2023. The Gross Domestic Product (GDP) stood at $246 billion in the first quarter of 2025, placing it among the largest economies in Africa. The country has a GDP growth rate of 3.1% as of 2024.
12
Holidays Per Year
47 hrs per week
Working hours
Compensation & Benefits in Nigeria
NGN 191,909
Average wage per month
3-4 weeks
Annual vacation leave (min)
With Talent Grid Africa, you can enter Nigeria’s dynamic market confidently. As an employer of Service Nigeria, Talent Grid Africa can manage your payroll, employment, and compliance, allowing you to focus on growing your business.
An Overview of Tax Rates in Nigeria
Nigeria operates on a Pay-As-You-Earn (PAYE) system. This means an employer must withhold income tax and then remit the amount to the respective state branch of the Nigerian tax authority, which is the State Internal Revenue Services (SIRS). The tax rate ranges from 7% to 24% of taxable income, depending on a salary range of between NGN300,000 to above NGN3.2 million in a year. Other taxes include the Value Added Tax (VAT), Pension Fund Contribution, and National Housing Fund (NHF) Contribution. The due date for tax returns is within ten days of the next month.
Every company must be conversant with Nigeria’s primary sources of employment law. These laws are derived from the Constitution of the Federal Republic of Nigeria 1999, national labour laws, human rights laws, and international labour laws. The primary laws that relate to employment in Nigeria include the Labour Act, the Trade Unions Act, and the Employee Compensation Act.
- The Labour Act. This is the principal law governing the relationship between employers and employees. The Act covers various provisions such as the working hours, leave entitlements, termination, wages, and other crucial aspects of employment.
- The Employee Compensation Act. This Act regulates matters relating to workers’ compensation in case of death, injury, or disability due to or in the course of employment.
- The Trade Union Act. The Act enshrines the right of every worker to form a trade union or join an existing one. This Act applies to all workers regardless of employment classification.
Other acts, such as the Pension Reform Act, National Minimum Wage Act, and Anti-Discrimination Act, also govern employment in Nigeria. Understanding and being compliant with these laws allows businesses to navigate Nigeria’s dynamic market, mitigate legal risks, and foster a positive working environment.
- We act as your legal employer to enable you to hire top talent without establishing a legal entity.
- Our team helps you onboard employees quickly by handling work permits and visas.
- We process accurate and timely payroll in line with Nigeria’s tax and labor laws.
- Our experts manage all stator fillings, tax remittance, and social contributions to keep your business compliant.
- We help you save money by handling your business’s HR, payroll, and compliance tasks as you concentrate on growing your company.
Frequently Asked Questions
EOR services simplify payroll, compliance, and hiring, reducing the complexities of local setup and legal requirements.
Companies face challenges like setting up a local entity, opening bank accounts, and complying with employment and tax laws.
Key laws include the Labour Act, Employee Compensation Act, Trade Unions Act, and other regulations like the Pension Reform Act.
Employers withhold income tax from employees’ salaries and remit it to the State Internal Revenue Services monthly.
Services include work permits, visa processing, payroll outsourcing, recruitment, and executive talent search.