Nigeria: Corporate Tax

Nigeria's tax landscape has undergone a fundamental shift with the enactment of the Nigeria Tax Act, 2025, which consolidates the country's core federal tax laws into a single unified framework. This reform introduces significant changes to how mergers and acquisitions are structured, priced, and executed, including the integration of capital gains into the income tax regime, revised exemptions for share disposals, and the introduction of taxation for indirect transfers.

In Nigeria's dynamic startup ecosystem, founders face a critical decision when raising capital: should they pursue debt financing with its immediate tax benefits through deductible interest expenses, or opt for equity financing that offers long-term investor incentives like capital gains tax exemptions and investment tax credits? This analysis examines how tax implications influence capital structure decisions for Nigerian startups at different growth stages.

Nigeria’s fiscal landscape has undergone a significant transformation with the enactment of the Nigeria Tax Act 2025, which raised the Capital Gains Tax (CGT) rate from 10% to 30% for corporate entities.

For many foreign investors entering Nigeria's fast-growing markets, profitability is only half the battle. The real challenge lies in how much of those profits...

In June 26, 2025, Nigeria's Presidency signed into law four significant Tax Reform Bills, including a new Tax Act, aimed at overhauling Nigeria's tax landscape.

On June 26, 2025, President Bola Ahmed Tinubu signed into law four transformative pieces of tax legislation;

Nigeria's Finance Bill of 2022 (the Bill) has made changes to several fiscal and administrative laws, including the Public Procurement Act, the Capital Gains Tax Act, the Companies Income Tax Act...

The world like they say, has become a digital village. Processes have evolved following technological interventions; people have adapted to new ways of doing things.

In December 2021, the Kenya Startup Act popularly known as the Startup Bill was passed into law. The Act was created to provide entrepreneurs in Kenya a platform from which they can launch...