Crypto now taxable but reporting gap raises compliance risk
Nigeria’s tax authorities have brought cryptocurrency gains within the formal tax net, but the absence of sector-specific guidance on how...
- Thursday, June 04, 2026
BusinessDay
Nigeria’s tax authorities have brought cryptocurrency gains within the formal tax net, but the absence of sector-specific guidance on how...
Nigeria is shifting from a self-assessment tax regime to an automated system in which authorities validate returns against independently sourced...
Nigeria is tightening its rules on royalty payments, a move that could raise the tax bills of foreign companies operating...
Nigerian exporters will now have to repatriate their foreign exchange earnings through official banking channels before qualifying for tax exemption...
Shrinking foreign aid is putting pressure on Nigeria to raise more revenue through taxes. Even with recent gains and ongoing...
Trusts and estate structures in Nigeria now face higher tax exposure, with trust income taxed as ordinary income at up...
Filing season for 2026 will come with more scrutiny and expectations from tax authorities. Recent provisions in the Nigeria Tax...
Nigeria’s capital market is heading into another year of heavy equity issuance and potential consolidation, as insurance recapitalisation pressures and...
In recent months, conversations about tax in Nigeria have been all over the internet. From rumours about increased tax burdens...
Nigeria is pursuing a two-pillar tax reform strategy aimed at raising its tax-to-GDP ratio to 18 percent, combining legislative restructuring...