Copyright businessday
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. Under the revised CGT guidelines, the government has set new thresholds aimed at shielding smaller investors. For example, the sale of shares in Nigerian companies below ₦150 million in a year, or total capital gains below ₦10 million, will be exempt from the tax.
