Yes. Under NTA §28(2)(a)(v)/§58, individual chargeable gain dey aggregate into dia total taxable income and dem go tax am with di same progressive PAYE bands, e no be separate flat rate. Company chargeable gain (§27(1)/§56) dey fold into total profits and dem go tax am with di existing 0%/30% Companies Income Tax rate instead.
Whichever mechanism apply, di chargeable gain itself na always disposal proceeds less cost base (e go clamp to zero for loss/break-even disposal) before dem apply either rate.
| 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, individual chargeable gain dey aggregate into dia total taxable income and dem go tax am with di same progressive PAYE bands, e no be separate flat rate. Company chargeable gain (§27(1)/§56) dey fold into total profits and dem go tax am with di existing 0%/30% Companies Income Tax rate instead.
Dwelling-house wey you use as your principal private residence dey fully exempt under §51 (one time per lifetime, no minimum-ownership period). Nigerian-company shares dey exempt under §34(1)(a) if disposal proceeds dey under ₦150,000,000 and di gain reach ₦10,000,000 or less, or if dem fully reinvest di shares for Nigerian-company shares within di same year, or dem transfer am for regulated securities-lending transaction.
No small-transaction or de-minimis exemption dey for crypto or oda digital-asset disposal under Nigerian law — §52 personal-chattels exemption na only for tangible movable property, and digital asset na intangible by di NTA definition. Every taxable digital-asset disposal go chargeable, no matter how small e be.
Sovereign digital currency — eNaira or foreign central bank digital currency — dem dey treat am as fiat, no be chargeable asset, so to dispose am no go trigger Capital Gains Tax or virtual-asset withholding under di NRS Guidelines.
Yes, for Cryptocurrency, Security/investment token, and NFT — VASP dem (virtual asset service providers) must withhold 1% of your gross disposal proceeds and remit am, whether di disposal na gain or loss. Credit wetin dem withhold against your final liability wen you file your annual return.
Yes, e free, no account dey needed. Di calculations dey run for your own phone or computer, dem no dey send am go any server.
No — na just guide, e no be tax advice.
E come from di Nigeria Tax Act 2025 — see full citations →
Not sure what's taxed and what's exempt? Read the guide.