Nigeria Crypto Tax Calculator
Estimate capital gains tax on cryptocurrency profits in Nigeria.
Capital Gain/Loss
₦15K
Tax Rate
10%
short-term
Tax Owed
₦2K
Net Profit
₦14K
Tax Treatment in Nigeria
Nigeria taxes gains from cryptocurrency disposal at the 10% capital gains tax rate. Income from crypto mining or trading as a business is subject to income tax at applicable rates. The Central Bank of Nigeria has restricted banks from facilitating crypto transactions, but the Securities and Exchange Commission regulates digital assets. Crypto-to-crypto transactions and exchanges for fiat currency are taxable events.
This calculator provides estimates for Nigeria. Actual crypto tax may vary depending on your specific circumstances, additional income, and applicable exemptions. Consult a tax professional.