Pryme
Sign up
Pryme Personal

Money with a heartbeat.

Meet Eva, the assistant inside the Pryme app. She opens accounts, moves money, saves toward your goals and follows up. Nothing leaves your account without your approval.

Meet Eva, the assistant inside the Pryme app. She holds dollars, pounds, euros and Naira side by side, swaps at a locked rate, pays bills in any of them and sends anywhere, asking before anything moves.

HomeEvery currency, every Box and every card on one screen.
Chat with EvaTell her the goal. She handles the steps and asks before anything moves.
Savings BoxesFlexible, Fixed, Investment and Interest-free, side by side.
Create a BoxPick the type, name the goal. Eva works out what to move, and when.
LoansSpaces credit and Salary Advance. Draw only what you need.
Invite friendsThree friends, ₦50,000 each, and ₦20,000 lands with you.
YouEva’s voice, your plan, your address and every security control.
Duress signalA word that looks normal on screen while your people are alerted.
Chat with EvaTell her the goal. She handles the steps and asks before anything moves.
Swap at the live rateOr name the rate you want and she swaps the moment it lands.
One card, every currencySpend from whichever balance suits, and freeze it from the app.
What Eva may do without askingStanding permissions, a voice, and a record of every rule you have given her.
Receipts anyone can verifyRegular or certified statements, e-signed and checkable by whoever receives them.
Open a personal account How we keep your money safe
Pryme app: Home
Pryme app: Chat with Eva
Pryme app: Savings Boxes
Pryme app: Create a Box
Pryme app: Loans
Pryme app: Invite friends
Pryme app: You
Pryme app: Duress signal
Pryme app: Chat with Eva
Pryme app: Swap at the live rate
Pryme app: Multicurrency card
Pryme app: What Eva may do without asking
Pryme app: Receipts and statements
MoneyAgentsApprovalAgentsEvery currencyYour approval

Open an account. Get money to spend.

Global money. Intelligent growth.

We give you a limit to spend at the shops and services you already use — and an account that works on your month while you get on with it. Dollars, pounds and euros sit beside your Naira, and an assistant handles the running of it, asking you first every single time.

One global account for your money and business. Move across currencies, automate everyday operations and put AI agents to work — with you in control of every important decision.

Open Personal or Business Account Already with us? Log in
Open a Business account Download the app for Personal Open an account from anywhere
Pryme app home: every currency on one balance
Personal · the app in your hand
Salary landed₦920,000 from John Doe Ltd · Naira account
Done
Move ₦100,000 to your Rent Box?Keeps ₦127.9m liquid · earns 18% p.a.
Approve
Paid Ikeja Electric₦18,400 · token sent by SMS
Done
Swap $200 → ₦310,000?Rate locked at ₦1,550 for 30 s
Approve
Held a ₦150,000 transferNew payee · unusual hour · needs you
Review
Received $2,400From a client · USD account
Done
Swap $200 → £—?Rate locked for 30 s
Approve
Paid the light bill at home₦18,400 · Ikeja Electric
Done
Keep $1,000 liquid, save the rest?$1,400 → Flexible Box
Approve
Held a £2,000 transferNew payee · needs you
Review
Eva is live
500,000+customers, personal and businessScan to get the app
Get the appScan with your phone camera
Regulated partnersEvery currency held with a licensed institution in its market
Solid AllianzeCBNNDIC
Scan to get the app
Get the appScan with your phone camera
Instant settlementOur own core ledger: swaps land at once, every receipt verifiableScan to get the app
Get the appScan with your phone camera
Agents with a mandatePowered by Pryme Intelligence. Nothing moves without youFlip
Pryme Intelligence
Eva, the assistant that runs a Pryme accountEvayour assistant
The Chief of Staff agent on a Pryme Business AccountDanielChief of Staff
The Finance agent on a Pryme Business AccountBenFinance
PrymeBruceCare
Inside a mandate you write. Every action logged.
Multi-currency30 currencies on one balanceFlip
Locked rates30 s
🇺🇸 1 USD—
🇬🇧 1 GBP—
🇪🇺 1 EUR—
The rate you see is the rate you get.
10 years2016 to today, one trunkScan to get the app
Get the appScan with your phone camera
Business Account

Open an account. Get customers.

Your competitor down the road sells the same thing you sell. The difference is who walks in. We put money in people’s hands that can only be spent in businesses like yours — and then we point them at you.

The Pryme Business home page: three currency balances on one account, the money actions, five agents working and a live stream of what they have done
Business · the page your team signs into
Spaces · Nigeria

We hand the customer the money. It can only be spent with you.

You are not borrowing. You are selling to somebody who already has the money — and that money can only be spent with a business like yours.

The business · Pryme Business
johndoe.mypryme.com · Spaces

Spaces Showing 30 days

Spaces is onshoppers near you can see your shop
Spaces brought you · 30 days ₦2,578,550.00 104 sales from 71 shoppers ▼ 4% on the period before
Where the money came from
91% shoppers who had been in before 9% first visit to your shop
21 of 71 came back more than once Average basket ₦24,793.75 Biggest shopper ₦142,300.00
24 Jul returningnew to you 22 Aug
Money on its way to you confirmed at the counter · on its way to your Naira account
Confirmed at the counter ₦47,150.002 sales today · final the moment they paid
Sales of 23 Aug₦90,9503 sales · confirmed
Sales of 24 Aug₦196,2005 sales · confirmed
Sales of 25 Aug₦47,1502 sales · confirmed
nothing for you to do · it arrives on its own
Lands in your NGN account ₦334,300.0010 sales in flight
The shopper · Pryme app
4:34
‹
BorrowLoans
SpacesSalary Advance
Spaces credit₦21,450 available
Repay ₦78,550
₦78,550 in use₦100,000 limit
Hold 25% · repay 2 more early to drop to 20%

₦100,000 from day one · agreement v2.1 · 12 Aug · View

Near youCategories 9Your loans 9
🛒Grocery / Retail4 places
🍽Eateries / Restaurants4 places
💊Pharmacies3 places
🎬Movies & Cinema3 places
🚌Transport3 places
💇Spa’s & Saloons3 places
Say “Hey Pryme”🎤
HomeBoxes CardsYou
Freeto join, nothing monthly. You are in the app the day you switch it on.
You get paidthe sale settles into your Naira account. Nobody to chase.
Zero riskwe carry the credit, whether or not the shopper repays us.
You growfaces that had never been to your shop — and most come back on their own.
The account

One account. Every currency you trade in.

Pryme Business4 currencies · one ledger
Base
₦127,328,879.23NGN · Nigerian Naira
$1,240.00USD · US Dollar
£480.00GBP · Pound Sterling
€310.00EUR · Euro
  • A named Naira account with Solid Allianze MFB — NDIC insured, your business name on it.
  • Real details abroad. A US account number, a UK sort code, an IBAN for the euro area.
  • Every currency has its own statement — regular or certified, with a code anyone can verify.
Swapping · in the app
4:34
‹···
Current account · NGN ₦127,328,879.23
SwapBoth balances move at once, on one ledger
Fill it inAsk Eva
$1 = ₦1,650.00
FromNGN ▾
250,000Available ₦127,328,879.23
ToUSD ▾
151.52after swap $1,391.52
Rate$1 = ₦1,650.00
Fee—
You get$151.52
NowWhen it hits

Eva waits for your rate and asks before she moves anything.

Target rate
$1 =1,585.00₦
Set the watch
Pryme Pay

Take money on your site, or on a checkout of your own.

No card, no OTP, nothing for the buyer to type in. They transfer from the bank app they already use, and the money lands in the same account your agents are running — already matched to the order, already in your books.

Pay from your bank app

We give the buyer a one-time account number. They transfer to it from any bank app or by USSD — no card, no OTP, nothing to type in.

Get the account number
  • Card details are never asked for, so they cannot leak.
  • The account is used once, then it closes.
  • Held with a licensed bank, insured by the NDIC.
Transfer exactly this amount

To this account, from any bank app. We watch it, and the page updates itself.

Send exactly₦26,767.50Copy
BankSolid Allianze MFB
Account number0000 000 000Copy
Account namePRYME / JOHNDOE‑ORD1042
Watching the account — nobody has to confirm anything.
Payment received

₦26,767.50 from GTBank · John D., matched to order ORD‑1042.

OrderORD-1042
Settled intoJohn Doe Trading Ltd · Naira account 0000 000 000
Receiptsent to the buyer
Get your receiptRun it again
Your checkout, your brand.On the site you already have, in your colours, on your own domain — or on a page we host for you.
A link for anything you sell.One price, one buyer, one link — sent on WhatsApp, Instagram or email, and paid the same way.
It lands already reconciled.Matched to the order, receipt issued, and in your books before you have looked at it.
Business Account

A team you did not have to hire.

Five agents come with the account. Each one has a job description, a budget and a ceiling you set. They do the work and bring it to you — nothing leaves the account without your signature.

CS Chief of Staff Runs the week

Knows what is stuck, who is waiting and what you promised — and keeps all three moving.

Booked a meeting with John Doe Foods for Thursday 11:00.
FI Finance Watches the money

Keeps the books as you trade and tells you the moment something does not add up.

Flagged a duplicate — invoice DP‑11908 was already paid in July.
COCompliance Keeps you inside the rules

Holds every filing to its own clock and screens names and payments against your policy — and logs what it refuses.

Screened 412 payments overnight and refused two of them.
SA Sales Chases what is owed

Goes back to the buyers who went quiet, with the receipt already attached.

Recovered ₦410,000 across three overdue invoices.
SU Customer Support Answers your customers

Replies, follows up on what they asked for and hands you only the ones that need you.

Resolved 4 conversations — two deliveries, one refund.
Every agent prepares and proposes. You are the only one who can approve.
Build on Pryme

Our rails, under your product.

Issue a dedicated Naira account number to each of your own customers, collect into it and reconcile against it. The same rails the Business Account runs on, with the licence behind them.

Read the API
Pryme Business

One business account. Every currency you trade in.

Dollars, pounds and euros beside a Naira account, on one ledger and one set of books. Five agents come with it and run the account — nothing leaves without your signature.

The Pryme Business home page: Naira, dollar and pound balances on one account, the money actions, five agents working and a live stream of what they have done
Business · the page your team signs into

A team you did not have to hire

Five agents come with the account. Each has a job description, a budget and a ceiling you set. They do the work and bring it to you — they propose, you approve.

CSChief of Staff Runs the week

Knows what is stuck, who is waiting and what you promised, and keeps all three moving.

Booked the quarterly review with your auditor for Thursday.
FIFinance Watches the money

Keeps the books in every currency you hold and flags the moment something does not add up.

Flagged a duplicate — invoice DP‑11908 was already paid in July.
COCompliance Keeps you inside the rules

Holds every filing to its own clock and screens names and payments against your policy — and logs what it refuses.

Screened 412 payments overnight and refused two of them.
SASales Chases what is owed

Goes back to the buyers who went quiet, with the invoice and the receipt already attached.

Recovered $12,400 across three overdue invoices.
SUCustomer Support Answers your customers

Replies, follows up on what they asked for and hands you only the ones that need you.

Resolved 4 conversations — two deliveries, one refund.
Every agent prepares and proposes. You are the only one who can approve.
Open a business account

Ten years, one trunk

The business has changed shape four times and never changed what it was rooted in. Each version was built out of what the last one could not do.

2016E-commerce

An online grocery store, built out of a faulty tab. Selling the food was the easy part — taking the money for it, and moving it, turned out to be the business.

2018OjirehPrime Card

A prepaid card. The first time the company issued rather than resold, and the first time it carried the obligations that come with holding somebody else’s money.

2020Microfinance bank

PrymeSolid Allianze acquired — an existing bank with an existing licence. The perimeter stopped being someone else’s to draw.

2023Multicurrency

More than one currency on one balance, and the rebrand to Pryme. A Nigerian business could hold dollars without holding a second institution.

2026Agentic operations

Accounts that do the work rather than only hold value. Five agents on the account, inside a policy you write — which is where the new mark starts.

Questions

The things people ask us first.

What is Pryme?

Pryme is a financial technology company. It gives people and businesses in Nigeria one account that holds Naira alongside dollars, pounds and euros, and a set of agents that do the running of it — keeping the books, chasing what is owed, answering customers and paying bills. Nothing leaves an account without the owner’s approval.

Can I hold dollars, pounds and euros in a Pryme account?

Yes. A Pryme account holds Naira, US dollars, pounds sterling and euros side by side on one ledger, each with its own account details — a Nigerian account number, a US account number, a UK sort code and an IBAN for the euro area. You can swap between them at a rate you set, and every currency has its own statement.

What is Spaces?

Spaces is available in Nigeria. It gives a shopper money to spend that can only be spent with a participating business. The business is paid into its Naira account whether or not the shopper repays, because Pryme carries the credit. For the business it is free to join, there is nothing monthly, and the customer’s identity is never shown — only a reference and what it is worth.

What do the agents on a Pryme Business Account do?

Five agents come with the account. The Chief of Staff runs the week and keeps what is stuck moving. Finance watches the money and keeps the books as you trade. Compliance keeps the filings on time and screens what moves. Sales chases what you are owed. Customer Support answers your customers and follows up. Each has a job description, a budget and a ceiling you set, and each one proposes rather than acts — nothing leaves the account without your signature.

How does Pryme Pay work?

Pryme Pay takes payments on your own site or on a checkout page you control. The buyer is given a one-time account number and transfers to it from any bank app or by USSD — no card, no OTP, nothing to type in. The money lands in the same account your agents are running, already matched to the order and already in your books.

What are Savings Boxes?

Savings Boxes are separate pots inside a Pryme account, held in Naira. Flexible Boxes can be withdrawn at any time, Fixed Boxes hold to a date, Investment Boxes hold for longer, and Interest-free Boxes earn nothing by design. A business can use them to ring-fence payroll and the tax it withholds, so that money cannot be spent by accident.

Who holds my money, and is it protected?

Pryme is a financial technology company, not a bank. Accounts and deposits are provided by Solid Allianze Microfinance Bank Limited, which is licensed by the Central Bank of Nigeria and is a member of the Nigeria Deposit Insurance Corporation.

Can I build on Pryme?

Yes. Pryme Rails lets a platform issue a dedicated Naira account number to each of its own customers, collect into it and reconcile against it, over one API — the same rails the Pryme Business Account runs on.

What is Pryme?

Pryme is a financial technology company. It gives you one account that holds US dollars, pounds sterling and euros beside Naira, with an assistant that runs the account for you and asks before anything moves. Accounts are provided in Nigeria today, and further markets open as each licence lands.

Can I open a Pryme account from outside Nigeria?

Accounts are provided in Nigeria today, subject to verification and approval. Foreign-currency balances are held and converted inside that account, so you can hold, receive and swap dollars, pounds and euros wherever you are.

Which currencies can I hold with Pryme?

Naira, US dollars, pounds sterling and euros, side by side on one ledger. Each has its own details — a Nigerian account number, a US account number, a UK sort code and an IBAN for the euro area — and each has its own statement.

How do I send money to Nigeria with Pryme?

Swap at a rate you set rather than the rate of the day, then send to any Pryme username or to a Nigerian bank account. There is no fee to send to another Pryme account.

What does the assistant do?

Eva is the assistant inside the Pryme app. She opens accounts, moves money, saves toward your goals, pays what is due and follows up what is owed to you — and asks you before anything moves.

What is Pryme Rails?

Pryme Rails lets a platform issue a dedicated Naira account number to each of its own customers, collect into it and reconcile against it, over one API — the same rails the Pryme Business Account runs on.

The Ledger

Notes on money that does the work: what we are building, what the regulation actually says, and how we think about letting software act on money. Read the Ledger

Scroll for more
Home · The Ledger · Tax reference
Data & reference

Tax-exempt income in Nigeria: the full section 162 list

Every income tax exemption in section 162 of the Nigeria Tax Act 2025, from minimum wage earners and pensions to government bonds and agric companies.

PR
Pryme researchTax reference · 17 Oct 2026 · 6 min read
The short answer

Section 162 of the Nigeria Tax Act 2025 lists 21 categories of income exempt from income tax, including employment income at or below the national minimum wage, Pension Reform Act benefits, interest on federal and state government bonds, foreign dividends, interest, rent and royalties brought in through approved channels, and agricultural companies' income for their first five years. Other sections exempt gains on a principal home, private cars and compensation up to ₦50 million.

The section 162(1) list (as of October 2026)

Section 162(1) of the Nigeria Tax Act 2025 exempts the following from tax under Chapter Two (income, profits and gains). References in the first column are to the paragraphs of section 162(1).

Para.Exempt income or personCondition in the Act
(a)(i)Statutory or registered friendly societiesProfits or gains not from a trade or business
(a)(ii)Registered co-operative societiesNot from a trade or business
(a)(iii)Educational, religious or charitable bodies of a public characterNot from a trade or business
(a)(iv)Registered trade unionsNot from a trade or business
(a)(v)Federal, state and local governments, their MDAs and public institutionsNot from trade or business or a trading instrumentality
(a)(vi)Government purchasing authorities set up by law to buy commodities for export or redistributionNone stated
(b)Dividends distributed by an authorised collective investment schemeNone stated
(c)Dividend or rental income received by a REIT for shareholdersAt least 75% distributed within 12 months of year end; shareholders and the REIT's own income still taxable
(d)-(e)Compensating payments in a regulated securities lending transactionQualifying as dividends or interest
(f)Consular fees and a consular officer's employment incomeNot for domestic staff, or officers ordinarily resident and not nationals of the foreign state
(g)Income exempt under the Diplomatic Immunities and Privileges ActAs provided by that Act
(h)Pension funds and assets under the Pension Reform ActNone stated
(i)Pension, gratuity or retirement benefits under the Pension Reform ActNone stated
(j)Wound and disability pensions of the armed forces, or for injury from enemy actionNone stated
(k)Death gratuities and consolidated compensation for death or injuryNone stated
(l)Redundancy lump sums and capital compensation for loss of employmentSubject to the chargeable gains rules (compensation over ₦50m is taxable on the excess)
(m)Gains of angel investors, VCs, PE funds, accelerators and incubators on labelled startupsAssets held in Nigeria at least 24 months
(n)Income from state or Federal Government bondsNone stated
(o)Emoluments of other ranks and personnel in combat zones, hazardous areas or designated operationsOther income remains taxable
(p)Income of agricultural companies (crops, livestock, aquaculture, forestry, dairy and Thirteenth Schedule businesses)First five years from commencement of business
(q)Dividends from investments in wholly export-oriented businessesNone stated
(r)Profits of companies engaged in sporting activitiesNone stated
(s)Dividend, interest, rent or royalty from outside NigeriaBrought into Nigeria through approved channels
(t)Employment income of a person earning the national minimum wage or lessFrom that employment
(u)Wages and salaries of military officersNone stated

Gains that are not chargeable

Section 162(2) adds two categories of gain that are not chargeable: gains of pension funds approved under the Pension Reform Act and of individuals on investments in national provident or retirement schemes; and gains on disposal of decorations for valour acquired otherwise than for money. Elsewhere in the Act:

ExemptionConditionSection
Compensation for injury or loss of officeUp to ₦50,000,000s.50
Principal private residenceOnce in a lifetime; with up to one acre of adjoining non-commercial lands.51
Personal chattelsConsideration up to ₦5,000,000 or three times the annual minimum wage, if highers.52
Private motor vehiclesUp to two a years.53
GiftsDisposal by way of gift, other than on deaths.54
Shares in Nigerian companiesProceeds under ₦150m and gain up to ₦10m in 12 months, or reinvesteds.34(1)(a)

Deductions and allowances that work like exemptions

  • Donations: a company may deduct donations to public funds, statutory bodies, religious, charitable, educational and scientific institutions in Nigeria and public emergency interventions, up to 10% of profit before tax (s.163).
  • Research and development: deductible up to 5% of turnover (s.164).
  • Low-income wage awards and net new hires: an extra 50% deduction for qualifying costs in two calendar years between 2023 and 2025 (s.162(3)).
  • Individuals' eligible deductions: pension, NHF, NHIS, mortgage interest, life assurance and rent relief (s.30), covered in personal income tax bands and reliefs.
  • Small companies: not an exemption but a 0% rate (s.56) and no development levy (s.59); see small company tax.

Reading the list carefully

"Not derived from a trade or business"

The exemptions for friendly societies, co-operatives, charities, trade unions and government bodies in paragraph (a) only cover profits or gains not derived from a trade or business they carry on. A church that runs a school as a commercial venture, or a co-operative that trades with non-members, should not assume the trading profit is exempt.

Foreign income through approved channels

Paragraph (s) exempts dividends, interest, rent and royalties earned abroad and brought into Nigeria through approved channels. The Act does not define approved channels in that paragraph, so keep bank records that show the inflow and its source. Salary, fees and business income from abroad are not in this paragraph; see tax on dollar income.

Minimum wage earners

Paragraph (t) exempts income from an employment where gross income from that employment is the national minimum wage or less. Someone on minimum wage in one job who also earns trading income is exempt on the wage but taxable on the trading profit.

Worked example (illustrative figures)

An individual receives ₦4,000,000 salary, ₦500,000 interest on FGN bonds and ₦1,200,000 of rent from a London flat remitted through a Nigerian bank. The bond interest is exempt under paragraph (n) and the foreign rent under paragraph (s), if brought in through approved channels. Only the salary, after eligible deductions, is taxed at the personal income tax bands. Pryme accounts can receive the GBP rent into local GBP account details and keep it in pounds until the holder chooses to convert with Swap, with the statement showing the inflow.

How we put this together

We read the gazetted texts of the Nigeria Tax Act 2025 and the Nigeria Tax Administration Act 2025 (Official Gazette No. 117, Vol. 112, dated 26 June 2025) section by section. The Nigeria Revenue Service website lists these Acts on its laws page, but its topic pages load in the browser and could not be read by our tools, so we worked from copies of the Gazette hosted by a third party and checked figures against the section and schedule numbers quoted here. Regulations, practice notes and orders issued after the Acts may change how a rule applies; where something depends on an order or regulation we say so. Descriptions are shortened from the statutory text, and paragraph letters follow section 162(1). The example is ours.

Questions people ask

Is minimum wage taxed in Nigeria?

No. Section 162(1)(t) of the Nigeria Tax Act 2025 exempts employment income where gross income from that employment is the national minimum wage or less.

Is interest on FGN bonds taxable in Nigeria?

No. Income from bonds issued by a state or the Federal Government is exempt under section 162(1)(n).

Are pensions taxed in Nigeria?

Pension, gratuity and retirement benefits granted under the Pension Reform Act are exempt under section 162(1)(i).

Is foreign rent or dividend income taxed in Nigeria?

Dividends, interest, rent and royalties earned abroad are exempt if brought into Nigeria through approved channels, under section 162(1)(s).

Sources

  1. Nigeria Tax Act, 2025 (Act No. 7), Official Gazette No. 117, Vol. 112, 26 June 2025 (gazetted copy) · accessed Oct 2026
  2. Nigeria Tax Administration Act, 2025 (Act No. 5), Official Gazette No. 117, 26 June 2025 (gazetted copy) · accessed Oct 2026
  3. Nigeria Revenue Service: Laws and regulations · accessed Oct 2026

This article is general information, not financial, legal or tax advice. Products described are provided under the terms on this site and are subject to regulation and eligibility.

More on Tax reference

Data & reference

Tax ID in Nigeria: what the Tax Administration Act requires

Who must hold a Tax ID, where to quote it, why banks ask for it, how changes and cessation work, and the penalties under the Tax Administration Act 2025.

PRPryme research · Tax reference17 Oct 2026 · 5 min
Data & reference

VAT in Nigeria: rate, exempt and zero-rated items list

The 7.5% VAT rate, the full exempt and zero-rated lists in sections 185 and 186 of the Nigeria Tax Act 2025, the basic food definition and filing dates.

PRPryme research · Tax reference17 Oct 2026 · 5 min
Data & reference

Withholding tax in Nigeria: the rules under the 2025 tax laws

Who must deduct withholding tax, when it is final, the 21st-day remittance rule, monthly returns and the 40% penalty, from the Tax Administration Act 2025.

PRPryme research · Tax reference17 Oct 2026 · 5 min