Nigerian Government Will Start Taxing your Crypto Earnings from January 2026! See Breakdown...

By Michael Ehindero


Effective January 2026, the Nigerian Government will start collecting taxes from Crypto.

This new law works such that you're only paying taxes only when you make profits from Cryptocurrencies.

See the Tax Percentage for each earning band below.....

Responsive Tax Table
Annual Income Tax Rate
₦800,000 ($537.54) 0%
₦2.2 million ($1,478.24) 15%
₦9 million ($6,047.33) 18%
₦13 million ($8,735.03) 21%
₦25 million ($16,798.14) 23%
₦50 million ($33,596.28) 25%


If you invest $2,000 (₦2.93 million) in bitcoin and later sell it for $4,000 (₦5.86 million), your profit of $2,000 (₦2.93 million) becomes taxable under personal income tax rules.
 
The first ₦800,000 ($545.82) of your gain is exempt, while the remaining ₦2.13 million ($1,454.18) is taxed at 15%, resulting in a total tax of ₦319,704 ($218.13).
 
Conversely, if you purchase bitcoin for $2,000 (₦2.93 million) and sell it for $1,500 (₦2.19 million), you incur a $500 (₦733,000) loss and under the new tax regulations, you owe nothing.

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