Nigeria Crypto Tax Guide
Complete guide to cryptocurrency taxation in Nigeria. Updated for 2026 with the latest Federal Inland Revenue Service (FIRS) requirements.
Nigeria Crypto Tax Rules
How cryptocurrency is taxed by the Federal Inland Revenue Service (FIRS)
Crypto classified as chargeable assets subject to capital gains tax
Capital gains tax at flat 10% rate
Mining and staking rewards taxed as income under personal income tax
Crypto-to-crypto trades are taxable disposal events
Nigeria SEC requires registration for digital asset exchanges
Finance Act 2023 clarified taxation of digital assets
Why Use Crypto Tax Software
How the Best Platforms Help Nigeria Investors
Tailored features that make Nigeria crypto tax reporting effortless
Federal Inland Revenue Service (FIRS)-Ready Reports
Generate tax reports that comply with Nigeria's specific requirements. No manual calculations or guesswork needed.
Automatic Transaction Import
Connect your wallets and exchanges once. The platform imports and categorizes all your NGN trades automatically.
Audit-Proof Records
Maintain detailed transaction history and reports that satisfy Federal Inland Revenue Service (FIRS) requirements in case of any inquiries.
Tax Optimization Tools
Identify tax-loss harvesting opportunities and choose accounting methods that legally minimize your Nigeria tax burden.
Compare Crypto Tax Platforms for Nigeria
Find the best software for your Nigeria crypto tax needs
| Platform | Rating | DeFi/Perps | Lending | Enterprise | Wallets | Time | Price | Action |
|---|---|---|---|---|---|---|---|---|
| Awaken Tax Recommended | ✓ | ✓ | ✓ | Unlimited | <1 hr | From $69 | Try Free | |
| Koinly | ✓ | ✓ | ✕ | Unlimited | 1-2 hrs | From $49 | Visit Site | |
| CoinTracker | ~ | ✓ | ✓ | Unlimited | 1-2 hrs | From $59 | Visit Site | |
| CoinLedger | ~ | ✓ | ✕ | Unlimited | 1-2 hrs | From $49 | Visit Site | |
| TokenTax | ✓ | ✓ | ✓ | Unlimited | 2-3 hrs | From $65 | Visit Site | |
| BlockPit | ~ | ✓ | ✓ | Unlimited | 1-2 hrs | From €49 | Visit Site |
Important Tax Deadlines
Key dates for Nigeria crypto tax filing
Required Forms
What to Look for in Nigeria Crypto Tax Software
Key features that make crypto tax reporting easier for Nigeria investors
Full Nigeria tax support with NGN-based calculations
Automatic 10% capital gains tax computation
Support for Nigerian and international exchanges
Mining and staking income tracking
FIRS-compliant report generation
Naira conversion rate tracking
Calculate your taxes with our free tools
Our Top Recommendation
Why Awaken Tax for Nigeria Investors
The features that make Awaken stand out for Nigeria crypto tax reporting
Portfolio Tracking
Track your portfolio balance in real-time with automatic coin detection across all connected wallets and exchanges.
AI Transaction Tagging
Smart AI automatically categorizes your transactions. No more manual labeling of airdrops, swaps, or rewards.
Real Human Support
Actual crypto tax experts who understand your complex on-chain activity, not chatbots.
Federal Inland Revenue Service (FIRS) Compliant
Generate reports that meet Nigeria's specific tax requirements with complete confidence.
Ready to file your Nigeria crypto taxes?
We've done the research so you don't have to. Compare platforms and find the best fit for your Nigeria tax reporting needs.
Track Your TaxesFrequently Asked Questions
Common questions about crypto taxes in Nigeria
Do I have to pay taxes on crypto in Nigeria?
Yes, cryptocurrency is generally taxable in Nigeria. The Federal Inland Revenue Service (FIRS) considers crypto transactions as taxable events, including selling, trading, and in some cases, receiving crypto as income from mining or staking.
What is the crypto tax rate in Nigeria?
Tax rates vary based on your income level and how long you held the crypto. Crypto classified as chargeable assets subject to capital gains tax Check the tax rules section above for specific rates.
When is the crypto tax deadline in Nigeria?
The main tax filing deadline in Nigeria is March 31 - Individual income tax filing deadline. There may also be other important dates such as June 30 for Corporate tax filing deadline.
What is the best crypto tax software for Nigeria?
Awaken Tax offers full support for Nigeria crypto tax reporting, with automatic calculations and Federal Inland Revenue Service (FIRS)-compliant reports. Start free with up to 100 transactions.
Is crypto-to-crypto trading taxable in Nigeria?
In most cases, yes. Trading one cryptocurrency for another is typically considered a taxable event in Nigeria. Each trade may trigger a capital gain or loss that needs to be reported to the Federal Inland Revenue Service (FIRS).