Nigeria tax rates
The top rates a resident individual pays on each kind of income, computed by the Sovereign tax engine from its Nigeria tax profile, with a provisional figure from a published summary where the engine has none yet.
Tier 2 — every figure has an accepted source; some rest on a PwC / Deloitte / KPMG / EY summary (marked †). Figures last changed 4 November 2026. Profile last reviewed 27 May 2026.
Scroll across the table to see all tax rates.
| Salary | Capital gains | Dividends | Interest | Rent | Crypto gains | |
|---|---|---|---|---|---|---|
| Nigeria | 25%* | 25%* | 10%† | 10%† | 25%† | 25%* |
* Provisional — not yet verified by the Sovereign engine. salary: from PwC, read 10 November 2026. capital gains, crypto gains: from PwC, read 10 November 2026. The engine's own figure replaces a provisional one as soon as the Nigeria profile carries an accepted source for it.
† This figure rests on a PwC tax summary, not on the statute itself. The summary is the only source on file for it.
Each figure is the tax on one more unit of a very large amount of that income, with every layer the engine models: surtaxes and uncapped social contributions included. It is the top marginal rate, not the average rate you pay on all your income.
What is the top income tax rate in Nigeria?
Provisionally 25%: the top rate on a salary from a PwC summary read on 10 November 2026. The Sovereign engine has not yet computed this rate, so treat it as a pointer, not a verified figure.
How are capital gains taxed in Nigeria?
Provisionally 25%: the top rate on a long-term capital gain from a PwC summary read on 10 November 2026. The Sovereign engine has not yet computed this rate, so treat it as a pointer, not a verified figure. Chargeable gains now sit in total income at progressive 0-25% (formerly a 10% CGT). The rate does not depend on how long you held the asset.
How are dividends and interest taxed in Nigeria?
The top rate is 10% on dividends and 10% on interest. Rental income is taxed at up to 25%.
How is crypto taxed in Nigeria?
The tax on a crypto gain in Nigeria depends on facts the calculator needs case by case: the kind of transaction, the platform, and whether it is private or a business. Provisionally 25%: the top rate on a crypto gain from a PwC summary read on 10 November 2026. The Sovereign engine has not yet computed this rate, so treat it as a pointer, not a verified figure. No specific rule in the summary; chargeable gains at progressive rates up to 25%.
Does Nigeria tax foreign income?
Yes. Nigeria taxes its residents on their worldwide income. A tax treaty or a credit for foreign tax can reduce the tax on income from abroad.
Does Nigeria have a wealth tax?
No. Nigeria has no recurring national tax on net wealth in our model. Property taxes and taxes on gifts or inheritances are separate.
Does Nigeria have an exit tax for individuals?
No. In our model Nigeria does not tax an individual's unrealised gains when the individual moves abroad.
When do you become tax resident in Nigeria?
The Nigeria day test (2026 Tax Act: 183 days in any 12 months, including some absences): from 2026: at least 183 days in 12 months; leave and temporary absences can count. A Nigerian home, family and economic ties, a diplomatic posting, counted absences or a treaty can decide residence before the recorded days reach 183.
Residence decides whether Nigeria taxes you on these rates. See the Nigeria day-count test and count your own days.
Sources
The Nigeria profile cites 2 sources for these rules, 1 of them from a government or a statute. A provisional figure in the table names its own source under the table.
- Nigeria Tax Act 2025, s28 and Fourth Schedule · official, retrieved 2026-11-03
- PwC Worldwide Tax Summaries - Nigeria individual taxes · summary, retrieved 2026-05-27
The model covers the general rules for a resident individual. It does not cover every deduction, credit, tax treaty or local tax, and rules change after the check date above. Did you find an error? Tell us, with the source.
Compare Nigeria with other countries
Top rates do not show what you would pay. Sovereign applies these rules to your own assets, income and debts, and compares the result across 165 countries. Put Nigeria side by side with other countries, see every country or try the live demo.
Other countries in Africa: Rwanda, Senegal, Tunisia, Tanzania, Uganda, South Africa.