How Nigeria’s corporates can plot their escape from 30% CGT
Under the new CGT guidelines, certain thresholds have been introduced. For instance, there is a N150 million threshold on the sale of shares in Nigerian companies. Put simply, if the total sale amount in a year is below N150 million, and the total gains from asset sales are less than N10 million, the company is exempt.
While most analysts have focused on the impact of the new CGT o
The announcement of the new 30 percent capital gains tax (CGT) under the Nigerian Tax Act (2025) has sparked reactions across the Nigerian corporate landscape.
Under the new CGT guidelines, certain thresholds have been introduced. For instance, there is a N150 million threshold on the sale of shares in Nigerian companies. Put simply, if the total sale amount in a year is below N150 million, and the total gains from asset sales are less than N10 million, the company is exempt.
While most analysts have focused on the impact of the new CGT o