Calculators
Work out what a trade costs in fees, what a dividend pays after tax, and how a yearly rate compounds. Every result shows its arithmetic.
Trading fees
Illustration only, not a forecast.| SEC fee0.30% of the trade · to Securities and Exchange Commission | ₦300.00 |
| VAT on SEC fee7.5% of the SEC fee · to Federal Inland Revenue Service | ₦22.50 |
| Brokerage commission1.35% of the trade (cap 1.35%, negotiable) · to your stockbroker | ₦1,350.00 |
| VAT on brokerage7.5% of the commission · to FIRS | ₦101.25 |
| Stamp duty0.08% of the trade · to Federal Government | ₦80.00 |
| CSCS trade alert (+VAT)₦4 flat, plus 7.5% VAT · to CSCS | ₦4.30 |
| Akomalu fee₦0 — we are not a broker and add nothing · to Akomalu | ₦0.00 |
| Total fees (1.86% of the trade) | ₦1,858.05 |
| Cash leaving your account | ₦101,858.05 |
The standard fee schedule, as used in the practice lab. Each line is rounded to the nearest kobo.
Dividend after 10% withholding tax
Illustration only, not a forecast.| Gross dividend (shares × dividend per share) | ₦2,500.00 |
| Withholding tax (10%) | −₦250.00 |
| Paid to you | ₦2,250.00 |
Withholding tax on dividends is deducted by the company’s registrar before payment; the rate here is 10%. Your own tax position may differ.
Compound growth
Illustration only, not a forecast.The rate is a number you choose to see how compounding works. It is not a prediction of what any share, fund or account will return; real returns go up and down and can be negative.
Enter a starting amount, a yearly rate between −99% and 100%, and 1 to 50 years.
These calculators do arithmetic on numbers you enter. They are not advice and do not describe any particular investment.