Akinyele Oluwale & Co. - Expert Accounting Solutions

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.

12 July, 2026

Robinhood CEO Vlad Tenev: “No Distinction Between Crypto and Traditional Finance” – The Convergence Era Has Begun

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 Reasoning: Why Convergence is Inevitable

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:

Technological Superiority: Blockchain offers 24/7 settlement, transparency, programmability, and reduced intermediaries.

Tokenization Supercycle: Real-world assets (stocks, bonds, real estate) moving on-chain.

Institutional Demand: Growing interest from banks, asset managers, and payment giants.

Regulatory Clarity: Progress in the U.S. (CLARITY Act) and other jurisdictions is removing barriers.

Robinhood itself exemplifies this shift through its crypto trading platform, wallet, and new L2 blockchain.

Implications for Global Finance

The merging of crypto and TradFi could:

Democratize access to sophisticated financial tools.

Reduce costs for cross-border payments and remittances.

Unlock trillions in liquidity through tokenized assets.

Challenge traditional banks’ business models while creating new partnerships.

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 and Risks for Investors

Opportunities:

Early exposure to projects bridging TradFi and crypto (e.g., Ripple, Robinhood ecosystem).

Growth in RWAs, DeFi, and tokenized securities.

Potential upside from regulatory tailwinds.

Risks:

Regulatory uncertainty and delays.

Volatility during transition periods.

Competition and execution risks for new platforms.

Strategic Advice:

Diversify across established players and innovative L2s.

Focus on utility and regulatory compliance.

Maintain balanced portfolios with traditional assets.

Conclusion

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.