LAGOS, Nigeria | September 29, 2025
The Nigerian Exchange Group (NGX Group) convened a high-level virtual stakeholder dialogue on September 26 to deliberate on the Capital Gains Tax (CGT) provisions contained in Nigeria’s consolidated tax reforms, scheduled to take effect on January 1, 2026.
The engagement brought together capital market operators, investors, tax experts and policy stakeholders to examine the potential impact of the reforms on investment flows and market competitiveness.
Key provisions highlighted include the increase of CGT for companies from 10 percent to 30 percent, the extension of CGT to indirect transfers of shares, and the adjustment of exemption thresholds.
Participants discussed compliance challenges, operational clarity, and the broader implications for Nigeria’s capital market development.
The forum underscored the NGX Group’s role in facilitating dialogue between regulators, policymakers and market stakeholders as Nigeria prepares for the implementation of the new tax regime.
