2026 Outlook: Tax Reform Update and Trading Investment Plan Communication
Dear Valued Clients and Esteemed Investors,
We extend our sincere appreciation to you for your continued trust, cooperation, and partnership with Akinyele Oluwale & Co. Your confidence and commitment remain fundamental to our ability to serve you effectively across our tax advisory and trading investment plan engagements.
Tax Reform Update
We commend our clients for their consistent fulfillment of tax obligations and their contribution to Nigeria’s socio-economic development during the last fiscal year. Your compliance—whether as corporate entities or individual taxpayers—plays a critical role in national growth, infrastructure development, and public service delivery.
As we transition into 2026, Nigeria’s ongoing Tax Reform agenda is aimed at building a fairer, simpler, and more growth-oriented tax system. Key developments include enhanced tax administration through expanded digital platforms, the transition from FIRS to the Nigeria Revenue Service (NRS), reduced compliance burdens, and improved taxpayer services. Importantly, the reforms prioritize broadening the tax base rather than increasing tax rates, encouraging voluntary compliance, and strengthening transparency and accountability in tax revenue utilization.
Corporate taxpayers continue to benefit from reforms that support ease of doing business, clearer regulatory guidance, and incentives for investment and job creation. Individual taxpayers equally benefit from improved taxpayer identification systems, balanced enforcement mechanisms, and increased taxpayer education and awareness.
We remain fully committed to keeping you informed, compliant, and strategically positioned under the evolving tax landscape.
Trading Investment Plan Update
Reflecting on the 2025 financial year, we sincerely appreciate your patience, trust, and confidence in our investment operations. The year presented significant global and local market challenges that impacted financial markets broadly. These conditions contributed to the delayed and, in some instances, failed payouts experienced during the period.
We wish to clearly reaffirm that these setbacks were driven by market conditions and not by any lack of commitment, integrity, or operational diligence on our part.
Looking ahead to 2026, we remain firmly focused on stabilizing operations and addressing outstanding payout obligations. Strategic measures are already being implemented to mitigate market risks, strengthen performance, and enhance resilience. We are confident that these steps will support improved outcomes in the near term.
We deeply value your partnership and remain committed to transparency, accountability, and sustainable long-term growth.
Thank you for your continued support as we move forward together.
Yours faithfully,
Akinyele Oluwale & Co.
Blockchain Center Signals 3-Day Altcoin Season: Reality or Mirage?
The altcoin season continues to thrive, and cryptocurrency enthusiasts on social platforms are celebrating the surge in prices. Data from Grok indicates that X feeds are alive with activity, featuring numerous posts that support this trend. As per Grok's findings, the surge in social media discussions coincides perfectly with the Altcoin Season Index (ASI) surpassing the 75 out of 100 threshold on September 10.
At the same time, while the ASI indicates an altcoin season, many skeptics claim they just can’t perceive it. “Holy sh**, the Altcoin Season Index just reached 84 – the highest this year,” exclaimed influencer Lark Davis on X. However, not everyone is persuaded, as one user retorted: “Where is altcoin season? I can’t see it.”
Some believe this current altcoin season is merely a temporary phase, unlikely to last long. “This altcoin season is predicted to endure for 5 days,” cautioned one X user. “Take profits — something bad is on the horizon.” As of Sept. 13, 2025, at 4:23 p.m. Eastern, archived data reveals that blockchaincenter.net’s ASI is steady at 80.
It might be a month of altcoin season, but it’s certainly not an altcoin season year. The site’s monthly score stands at 88 out of 100, while the 12-month score lags behind at just 35. Since any score above 75 indicates an altcoin season, this suggests that three-quarters of the top 50 altcoins have outperformed bitcoin’s market performance over the past 90 days.
The recent surge in altcoin season has fans rejoicing, yet a sense of caution remains. The cycle of excitement followed by diminishing momentum has recurred since 2021, leaving traders cautious and yearning for a prolonged season. So far, this one has climbed nearly as high as it did in December 2024. Whether this moment marks a significant change or yet another brief surge, only time will reveal the true trajectory of the crypto market ahead.
