What is Capital Gains Tax and How Does it works?

in #finance • last month

Capital Gains Tax (CGT) is a levy on the profit made from selling or disposing of assets like shares, real estate, or cryptocurrencies. It applies only when an asset is sold for more than its purchase price, with rates in Nigeria currently shifting toward a 25% rate for companies and progressive rates for individuals.

Read the full details here: https://www.finngdaily.com/2026/01/what-capital-gains-tax-cgt-is-in-nigeria.html

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