How is cryptocurrency taxed in Nigeria?

In Nigeria, cryptocurrency gains are taxed as capital gains (top rate around 10%).

“Finance Act 2023 amended Section 3 of the Capital Gains Tax Act to include digital assets as chargeable assets (10% CGT on disposal gains).”

This reflects guidance from FIRS (Finance Act 2023 amending Capital Gains Tax Act s.3), as of 2023.

See the full Nigeria crypto policy profile for legal status, VASP licensing, stablecoin rules and more — or compare Nigeria with another country. New to the categories? Read how crypto is taxed, explained.

Data basis: FIRS (Finance Act 2023 amending Capital Gains Tax Act s.3), as of 2023