Do Nigerians Pay Tax on Crypto? What Changed in 2026 Tax Rules?
Nigerians pay tax on crypto under progressive Personal Income Tax rates reaching 25% on profits exceeding ₦50 million annually since January 2026, with first ₦800,000 tax-free. Every crypto sale, swap, or income receipt triggers taxable events requiring reporting linked to National Identification Number, while Virtual Asset Service Providers must submit monthly user transaction reports to Nigeria Revenue Service or face ₦10 million first-month penalties plus ₦1 million for each subsequent month.









