Nigeria Tax Administration Act, 2025
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New tax legislation aimed at regulating VASPs and increasing tax revenue from the crypto sector.
News published about Nigeria Tax Administration Act, 2025
From 2026, dodging taxes in Nigeria could cost crypto startups their licences — and ₦10m
TechCabal - Sep 18, 2025
Nigeria's new tax laws impose an initial penalty of ₦10 million for VASPs failing to comply within the first month. The Securities and Exchange Commission (SEC) can suspend or revoke licenses of non-compliant VASPs.
Securities and Exchange Commission (SEC)KuCoinBlockchain Nigeria User GroupNigeria Tax Administration Act, 2025Federal Inland Revenue Service (FIRS)
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