How Nigeria’s capital gains law rewrites the playbook for investors and oil giants

    David Olujinmi | TAX | Nov 03, 2025    
Get Unlimited Access
Subscribe to unlock this article

Complete digital access to quality journalism on any device. Cancel anytime during your trial.

Once registered, you can:

  • Read this article and many more, including access to epapers and research
  • Enjoy customize article feed/recommendation based on your profile
  • Enjoy access to Businessday exclusive events
  • One-Access accross Businessday platforms

Share this article
Shared
3194
times

The introduction of a new 30 percent Capital Gains Tax (CGT) under Nigeria’s Tax Act of 2025 has triggered a wave of debate across corporate Nigeria. From stockbrokers to oil executives, the business community is recalculating what this means for their portfolios and future deals.

Continue reading your article with a
BusinessDay subscription





Already a subscriber?
Sign In
RECOMMENDED STORIES
Tax
Five tax rules shaping 2026 business filings
Filing season for 2026 will come with more scrutiny and expectations from tax authorities.
Chioma Nwangwu | Feb 19, 2026
Tax
Explainer: How your top 5 assets fit into Nigeria’s new tax brackets
Returns from investment assets in Nigeria are subject to varying tax treatments, depending on the nature of the instrument and the type of income generated.
Chioma Nwangwu | Feb 12, 2026
Tax
Nigeria to tax 80% informal workforce using presumptive taxes
A larger percentage of the Nigerian workforce is currently operating without a single financial record. To reach them, authorities are deploying a controversial tool: the Presumptive Tax.
Ayomide Odunlami | Feb 05, 2026
Economy
Nigeria’s tax law delivers early pay gains for workers
Nigeria’s new tax law is already translating into higher take-home pay for several formal sector workers, with January salaries reflecting reduced Pay-As-You-Earn (PAYE) deductions, according to early payroll data and human resource managers.
Ayomide Odunlami | Jan 29, 2026
support_agent
phone
mail_outline
language
help_outline
Conference Ad Conference Ad