Nigeria Capital Gains Tax (CGT) Calculator (2026)
There’s no more flat 10% CGT rate — gains are now taxed as part of ordinary income. This checks your exemption first, then the real impact.
Nigeria Capital Gains Tax Calculator
The Nigeria Tax Act 2025 repealed the standalone Capital Gains Tax Act outright — there’s no separate CGT rate to look up anymore. Individual gains are aggregated with other income and taxed at the same 0-25% progressive bands as salary; company gains are folded into ordinary Companies Income Tax at 30% (or 0% for a small company). If you’ve seen “10%” quoted for Nigerian CGT anywhere recently, that figure is out of date as of 1 January 2026.
Check Your Exemption First
Before any rate question comes up, check whether the disposal is exempt at all — the Act carves out several common, everyday scenarios entirely. Selling your own home, most personal belongings, a genuine gift, up to two private-use vehicles a year, and the large majority of individual share transactions all fall outside CGT in practice. This calculator walks through the specific test for whatever you’re disposing of, rather than a generic yes/no.
Selling Shares: the ₦150,000,000 / ₦10,000,000 Test
Gains on shares in a Nigerian company are exempt if your aggregate disposal proceeds across any 12 consecutive months are under ₦150,000,000 and your chargeable gain in that period doesn’t exceed ₦10,000,000 — both conditions, together. Separately, shares transferred in a regulated securities-lending arrangement are exempt outright, and proceeds reinvested in Nigerian company shares within the same year are exempt on the reinvested portion (tax applies proportionately to whatever isn’t reinvested). For most individual retail investors, ordinary trading activity sits comfortably inside this exemption.
Cryptocurrency and Digital Assets Are Chargeable
Digital and virtual assets are explicitly listed as chargeable assets under the Act — there’s no crypto-specific exemption or reduced rate. A gain on disposing of digital assets is computed and taxed exactly like any other chargeable gain. One asymmetry worth knowing: a loss on a digital asset disposal can only be set off against gains from other digital asset disposals, not against your salary or other income.
Why “Other Income” Matters for the Real Tax Bill
Because a chargeable gain simply adds to your total income for the year, the actual tax it triggers depends on what else you earned. The same ₦2,000,000 gain could be taxed at 0% if it’s your only income for the year, or partly at 25% if it pushes an already-high income even higher. This calculator computes your tax twice — with and without the gain — so what you see as “tax on the gain” is the real marginal difference the disposal causes, not a number pulled from a single flat-rate lookup.
Frequently Asked Questions
Is Capital Gains Tax still 10% in Nigeria?
No — individuals pay their normal progressive PAYE rate on gains, and companies pay the standard 30%/0% CIT rate. The flat 10% rate no longer exists.
Do I pay tax on selling my house in Nigeria?
Generally no — your dwelling house plus up to 1 acre of adjoining land is exempt, but only once in your lifetime.
Do I pay tax on selling shares in Nigeria?
Not if proceeds are under ₦150,000,000 and the gain is ₦10,000,000 or less in any 12 months, or if you reinvest the proceeds in Nigerian company shares within the same year.
Are cryptocurrency and digital asset gains taxed in Nigeria?
Yes, the same as any other chargeable gain, with no special rate — but losses can only offset other digital-asset gains.
This calculator does not model part-disposal apportionment, pre-2026 asset acquisition cost indexation, or the religious/charitable-trust exemption. Confirm your specific transaction with the Nigeria Revenue Service or a qualified tax professional.
