NIGERIA PEO & EOR
Hire in Nigeria without a local entity today
As a Global PEO & EOR service provider, we pride ourselves on our global reach, in-country knowledge, and ability to swiftly and efficiently mobilize workers around the world. Our robust PEO/EOR covers everything from global HR, payroll, compliance, in-country support, immigration, visas, and more.
Get started and hire in Nigeria today with Gibson Watts Global.
DID YOU KNOW
- Nigeria is home to 7% of all languages spoken on Earth.
- Originally forming in 1914, Nigeria gained independence from colonial rule in 1960.
- The Igbo people are descendants of the Nri Kingdom, and are the oldest tribe in Nigeria. They make up around 18% of the southeast Nigerian population.
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Nigeria PEO Services
Rich in natural resources and opportunities for investors
Working in Nigeria
Employment Information
- The currency of Nigeria is the Nigerian Naira (₦)
- There is a mandated minimum wage of ₦30,000 (which equates to approximately $73) per month
- Workers in Nigeria are entitled to 11 paid holidays, including New Year’s Day, Good Friday, Easter Monday, Worker’s Day, Democracy Day, Nigerian National Day, Christmas Day, Boxing Day and Eid
- Hours and overtime rates vary in Nigeria, dependant on the employment contracts and agreements in place
- In line with the Nigerian Labor law, at least 6 paid days are granted to employees after 1 year of service. Maternity leave is generally agreed on in employment contracts, with 3 months of paid leave being common. Paternity leave is also occasionally provided
- Notice periods depend on the employment contracts, but they generally range from 1 week to 1 month on average
- Statutory payroll deductions include:
- Pension Contribution
- Group Life Insurance
- National Social Insurance Trust Fund (NSITF) National
- Housing Fund (NHF)
- Industrial Training Funds (ITF)
- PAYE
- Health insurance for employees is common practice, but is not mandatory
- Foreign employees who fail to renew their work permit with the government face up 3 years in prison and a fine of ₦500,000
Employers are responsible for obtaining work and residence permits for their expatriate employees, along with their employment contracts. Foreign investors must acquire expatriate quotas to employ expatriates.
A Nigeria PEO or EOR can serve as a fast-track path to access the Nigerian market. A PEO or EOR will cover every aspect of the expansion process, ensuring full compliance.
Cultural Information
Officially, English is the official language of Nigeria, however the country encompasses over 500 different languages nationwide due to it being inhabited by over 250 ethnic groups. Three of the largest ethnic groups in Nigeria are the Hausa, Igbo, and Yoruba, and they bring diverse cultures and unique art to the nation. A rich array of cuisines, fashion, and festivals exist across Nigeria’s different tribes.
Home to over 200 million inhabitants, Nigeria has one of the largest young populations, and is the seventh most populous country in the world.
Nigeria’s constitution ensures freedom of religion, and the country is simultaneously home to some of the world’s largest Muslim and Christian populations. The Nigerian population is estimated to be 53.5% Muslim and 45.9% Christian (10.6% Roman Catholic, 35.3% other Christian, and 0.6% others).