How capital gains tax works in Nigeria
Nigeria abolished standalone 10% capital-gains tax from 2026. Company gains join total profits at 30%, and individual gains aggregate with income at personal bands to 25%.
Share sales stay exempt when proceeds stay under NGN 150 million in any twelve months and the gain stays under NGN 10 million, with rollover for same-year reinvestment in Nigerian shares.
Principal homes sell exempt once in a lifetime within an acre, chattels to NGN 5 million and two private cars yearly escape, and digital assets plus indirect offshore transfers of Nigerian assets are now chargeable.
Tax rates at a glance
- Company rate
- 30%Folded in
- Individual rates
- 0% - 25%
- Share proceeds line
- NGN 150M
- Share gain line
- NGN 10M
- Chattels exempt
- NGN 5M
Who benefits most
These profiles tend to benefit most when the rules match their real residence, payroll and business setup.
InvestorsCrypto holdersTradersHigh earnersFamily offices
Watch out for
- The old 10% flat is repealed. Any calculator still applying 10% to 2026 disposals misprices every gain.
- The share shelter needs both tests at once. NGN 140 million proceeds with an NGN 11 million gain fails and pays full bands.
- Crypto and derivatives entered the net in 2026. Digital-asset disposals that were grey before are now expressly chargeable.
- Inherited assets carry history into later sales. No federal duty at death does not mean no gains tax when heirs sell.
Frequently asked questions
Does Nigeria tax capital gains?
Yes, folded into income from 2026: 30% for companies and personal bands to 25% for individuals, with small share sales sheltered.
Are share sales exempt in Nigeria?
When twelve-month proceeds stay under NGN 150 million and the gain under NGN 10 million, with rollover for reinvestment in Nigerian shares.
Are crypto gains taxed in Nigeria?
Yes. Digital and virtual assets became expressly chargeable from 2026 at folded-in rates.