Nigeria Issues Guidelines on the Taxation of Virtual Assets

The Nigeria Revenue Service has published Guidelines on the Taxation of Virtual Assets, dated 31 July 2026. The guidelines have been developed to establish a clear and standardized framework for the tax administration of Virtual Assets (VA) and VA transactions in Nigeria, including guidance for taxpayers, Virtual Asset Service Providers (VASPs), Peer-to-Peer (P2P) marketplace operators, tax consultants, financial institutions, and all persons engaged in VA activities. In particular, the guid…