If you’re a Nigerian living in the UK and planning to purchase your first home, the upcoming April 2025 Stamp Duty hike could significantly impact your budget. Here’s what you need to know and why acting fast is crucial. What’s Changing? Currently, first-time buyers in the UK are exempt from paying stamp duty on homes […]
For many Nigerians in the UK, the thought of retirement can be a daunting one, especially if you’re over 35 years old, living under the shadow of the UK’s retirement age policies, and eyeing the possibility of Japa (relocating) back to Nigeria or elsewhere. The rising complexity comes with the uncertainty of meeting the 35 […]
An Individual Savings Account (ISA) is one of the most tax-efficient ways to save or invest money in the UK. Whether you’re building an emergency fund, saving for a house, or looking to invest, an ISA can help you achieve your financial goals while keeping your returns tax-free. Key Features of an ISA Tax-Free Savings […]
As a Nigerian in the UK, staying on top of your driving licence information is crucial for navigating life efficiently, whether it’s for employment, car rentals, or personal records. The UK Government provides an easy-to-use online service to view or share your driving licence details. Key Features of the Service You can view or share […]
Managing finances in the UK can be tricky, but with a proper plan, you can save while meeting your expenses comfortably. Let’s break it down, step by step! The 50/30/20 Rule This rule divides your income into three categories: 1️⃣ 50% for Needs (Rent, bills, groceries) 2️⃣ 30% for Wants (Entertainment, dining out) 3️⃣ 20% […]
Applying for Indefinite Leave to Remain (ILR) in the UK is an important step towards securing permanent residency. However, your actions during the waiting period can significantly impact the outcome of your application. Here are key dos and don’ts tailored for Nigerians in the UK, ensuring you stay on the right path while waiting for […]
Are you ready for your UK driving test? The Driver and Vehicle Standards Agency (DVSA) has shared the top ten reasons learner drivers fail their tests. As many Nigerians in the UK aim to secure their driving licenses, avoiding these common pitfalls is crucial. Whether you’re taking lessons with an instructor or practicing privately, understanding […]
If you’re a Nigerian living in the UK and want to get your National Identification Number (NIN), you’re not alone. The NIN is crucial for accessing various services in Nigeria, and now, you can easily enroll and receive your NIN while living abroad. As the official proof of identity for Nigerian citizens aged 16 and […]
As a Nigerian living in the UK, navigating financial stability can be challenging. From over-reliance on credit to poor financial planning, it’s easy to fall into financial traps. Here’s how you can turn things around: 1️⃣ Avoid Over-reliance on Credit The allure of “buy now, pay later” and credit cards can be tempting. Resist the […]
If you’re one of the many people who intended this would be the year to get your finances in order, how’s that going? Hopefully, this will help. We’re going to highlight 10 of the most common money mistakes people make and, more importantly, suggest a few quick ways to avoid them. Mistake 1: Living Beyond […]
