Yes. Under NTA §28(2)(a)(v)/§58, an individual's chargeable gain is aggregated into their total taxable income and taxed at the same progressive PAYE bands, not a separate flat rate. A company's chargeable gain (§27(1)/§56) is folded into total profits and taxed at the existing 0%/30% Companies Income Tax rate instead.
Whichever mechanism applies, the chargeable gain itself is always disposal proceeds less cost base (clamped to zero for a loss/break-even disposal) before either rate is applied.
| Threshold | Value |
|---|---|
| Share-disposal proceeds ceiling | ₦150,000,000.00 |
| Share-disposal gain ceiling | ₦10,000,000.00 |
| Small-company rate | 0% |
| Standard-company rate | 30% |
Yes. Under NTA §28(2)(a)(v)/§58, an individual's chargeable gain is aggregated into their total taxable income and taxed at the same progressive PAYE bands, not a separate flat rate. A company's chargeable gain (§27(1)/§56) is folded into total profits and taxed at the existing 0%/30% Companies Income Tax rate instead.
A dwelling-house used as your principal private residence is fully exempt under §51 (once per lifetime, no minimum-ownership period). Nigerian-company shares are exempt under §34(1)(a) if disposal proceeds are under ₦150,000,000 and the gain is ₦10,000,000 or less, or if the shares were fully reinvested in Nigerian-company shares within the same year, or transferred in a regulated securities-lending transaction.
There's no small-transaction or de-minimis exemption for crypto or other digital-asset disposals under Nigerian law — §52's personal-chattels exemption is restricted to tangible movable property, and digital assets are intangible by the NTA's own definition. Every taxable digital-asset disposal is chargeable regardless of size.
Sovereign digital currency — the eNaira or a foreign central bank digital currency — is treated as fiat, not a chargeable asset, so disposing of it never triggers Capital Gains Tax or virtual-asset withholding under the NRS Guidelines.
Yes, for Cryptocurrency (e.g. Bitcoin, Ethereum), Security / investment token, NFT — VASPs (virtual asset service providers) are required to withhold 1% of your gross disposal proceeds and remit it, whether the disposal is a gain or a loss. Credit what was withheld against your final liability when you file your annual return.
Yes, it's free with no account needed. Calculations run on your device and are never sent to a server.
No — for guidance only, not tax advice.
Sourced from the Nigeria Tax Act 2025 — see full citations →
Not sure what's taxed and what's exempt? Read the guide.