A lesson I learned this year is that a person's capacity for growth is directly linked to how much truth they can face about themselves without running away.
HOW TO PUT PAYMENT NARRATION IN YOUR BANK TRANSFER IN 2026
Tax is mainly focused on taxable income and this taxable income is basically money paid to you in exchange for a particular service
So if you refuse to put the right payment narration, you may face some problems or even pay more, when filing your T A X Return
If you describe the payment narration correctly, you only pay tax when required... and nothing extra.
SIMPLE DESCRIPTIONS YOU CAN USE (LEGALLY)
1. When a Family member sends you money, they should write
"Gift / Family support" in the payment narration
2. When a Friend or anyone pays you back the money they owe you, tell them to write:
"Refund / Reimbursement"
3. When you move your own money to another account, write:
"Personal transfer/savings."
4. When someone lends you money, he or she should write:
"Loan received"
5. If you put your own money into a business, write:
"Capital contribution"
6. If you operate a POS and your customers want to make a transfer to you
They should write
POS transaction
7. You are a business owner and you sell things
Your customer should put narration like this
Payment for two cartons of Vu Indomie
Ignorance of the law is no excuse. So be proactive it will not be easy for any amount wrongfully deducted as taxes to be https://t.co/4nAi6thrQC be wise and shine your eyes. May we be guided aright.
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Country: Nigeria🇳🇬
Category: Internships
Eligible: Nigeria
Benefits:
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✅Networking & Mentorship
Deadline: July 12, 2026
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Haters are those with low self-esteem. They don’t believe in themselves; so they try to put other people down in a sick way to lift themselves up. Don’t let their criticism and negativity distract you from your goals in life.
Here is a sample of past questions and answer for Federal Civil Service Recruitment exams.
Study to the pattern and understand what the exams may look like.
The exam date is not fixed but will be fixed after the current application update exercise.
See link below and good luck:
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Q: Are you scared of Bwala?
Ndume: “Bwala cannot win the House of Assembly. Bwala tried to be a senator; did he get anywhere? I don’t want to talk about Bwala, Bwala is a maga dog.”