Nigeria’s New Tax Regime: What You Need to Know (Finance Act 2025)
At Akinyele Oluwale & Co., we are committed to keeping our clients informed about the latest regulatory changes affecting businesses and individuals in Nigeria.
The Finance Act 2025 represents one of the most significant tax reforms in Nigeria in recent years. Signed into law to simplify the tax system, reduce multiple taxation, and improve ease of doing business, the Act introduces several key changes:
Major Highlights:
Company Income Tax (CIT) reduced to 25% for large companies (from 30%).
Tertiary Education Tax significantly reduced from 2% to 0.5%.
- Strengthened rules against multiple taxation across federal, state, and local governments.
- Expanded scope of Value Added Tax (VAT) on digital services and luxury goods.
- Higher exemption thresholds for Capital Gains Tax and Personal Income Tax.
- Mandatory digital compliance through the new Rev360 platform.
New Tax Portal – Rev360
The Federal Inland Revenue Service (FIRS) has launched Rev360 (www.rev360.gov.ng), a unified digital platform for all federal tax filings and payments. This new system makes tax compliance easier, faster, and more transparent.
Our Advisory
These reforms present both opportunities and compliance requirements for businesses. Early adaptation will help you avoid penalties and optimize your tax position.
President Donald Trump has repeatedly signaled his intention to overhaul the U.S. and global financial system, emphasizing economic nationalism, deregulation, and the integration of emerging technologies like cryptocurrency. While dramatic interpretations of a “Great Reset” circulate online, Trump’s actual statements focus on practical policy measures aimed at restoring American prosperity, reducing government overreach, and positioning the U.S. as a leader in digital assets. This article examines his key positions, recent developments, and implications for investors worldwide, including in Nigeria.
Trump’s approach centers on:
In various speeches and interviews in 2025–2026, Trump has described the current system as outdated and vowed to bring about a “new dawn” of prosperity through bold reforms.
Trump has highlighted:
These ideas resonate with his base and have driven market optimism around pro-business policies.
Trump’s policies could:
Investment Considerations:
While online narratives sometimes exaggerate Trump’s “Reset” comments, his core message is clear: a pro-growth, pro-innovation agenda aimed at American (and by extension global) prosperity. For Akinyele Oluwale & Co clients, staying informed on these shifts is key to navigating opportunities in crypto, traditional markets, and cross-border investments.
In a candid and forward-looking statement, Robinhood CEO Vlad Tenev recently articulated what many in the industry have long predicted: the eventual disappearance of the line between cryptocurrency and traditional finance (TradFi). “In the future, there will be no distinction between crypto and traditional finance,” Tenev declared, highlighting crypto’s technological advantages and the inevitability of widespread adoption by legacy institutions. This vision aligns with Robinhood’s aggressive expansion into crypto, including the launch of Robinhood Chain and tokenized asset initiatives. For investors in Nigeria and across emerging markets, this convergence signals massive opportunities in digital assets, payments, and tokenized real-world assets (RWAs).
Tenev’s comments reflect a deep understanding of technological disruption cycles. He noted that TradFi giants often make money through established channels and tend to resist or adopt late. “Early is uncomfortable. Late is expensive,” he emphasized, urging stakeholders to choose their position wisely.
Key Drivers of Convergence:
Robinhood itself exemplifies this shift through its crypto trading platform, wallet, and new L2 blockchain.
The merging of crypto and TradFi could:
For Nigeria, this convergence offers practical benefits: cheaper remittances via stablecoins, better FX liquidity, and opportunities for local fintechs to integrate with global rails.
Opportunities:
Risks:
Strategic Advice:
Vlad Tenev’s statement captures a fundamental truth: crypto is not a separate sector but the future infrastructure of finance. As Robinhood and other innovators push boundaries, the distinction between “crypto” and “TradFi” is rapidly dissolving. For forward-thinking investors, this convergence represents one of the greatest wealth-creation opportunities of our time.
At Akinyele Oluwale & Co Investment Ltd, we help clients navigate this evolving landscape with informed, compliant strategies. Contact us to discuss how these trends align with your financial goals.
The cryptocurrency market is entering a high-stakes week with multiple regulatory and institutional developments that could significantly influence sentiment, prices, and long-term adoption. From potential landmark legislation to major infrastructure launches, here’s what investors should watch between July 13 and 17.
The CLARITY Act (Digital Asset Market Clarity Act) represents one of the most important pieces of U.S. crypto legislation in years. It seeks to clearly define regulatory responsibilities between the CFTC (commodities) and SEC (securities), providing much-needed certainty for digital assets.
Why it matters:
This vote, if scheduled, would be closely monitored globally, as U.S. policy often sets the tone for other jurisdictions, including emerging markets like Nigeria.
The Depository Trust & Clearing Corporation (DTCC)—which handles trillions in securities settlement— is teaming up with Ripple for the launch of Ripple Prime. This initiative focuses on tokenized assets, efficient cross-border settlement, and institutional-grade infrastructure.
Implications:
This launch could accelerate adoption of Ripple’s technology and boost confidence in regulated stablecoins and tokenized products.
Lawmakers will discuss the potential impact of the CLARITY Act on markets, innovation, and investor protection. Hearings like this often provide valuable insights into bipartisan support and potential amendments.
Key Takeaways to Watch:
These events come at a time of increasing institutional interest, with Bitcoin and Ethereum ETFs already live in the U.S., and other jurisdictions (e.g., Japan advancing its own crypto frameworks) moving forward. For Nigerian investors, positive U.S. developments could improve global liquidity, ease remittance costs via stablecoins, and support local crypto adoption amid economic reforms.
Potential Market Impact:
Investment Considerations:
At Akinyele Oluwale & Co Investment Ltd, we continue to track these developments closely to provide timely insights for our clients. This week could mark another step toward mainstream integration of digital assets.