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Scraped on 26/08/2025, 23:07:50 UTC
Wait, you mean you folks haven't been having any sort of income tax before? 
Most countries around the world that I know do have it, and it's mostly around 30% depending on the income class.
We did but it started before at 300K Naira which was 7% until it was increased since our minimum wage was increased Most countries around the world that I know do have it, and it's mostly around 30% depending on the income class.
Our maximum 25% which is way better than most countries though I still complain about it Lol.
Quote
What they will do next is start introducing capital gains tax (tax aimed at your digital investment profits)
Already do. Which is 10% of realized profit with an exemption of 10,000 Naira. Quote
As for P2P, it appears your country was all over the news over banning cryptocurrencies, including arresting some Binance officials. Some people even complained of banks blocking their accounts for getting involved in P2P trading. How did this end?
Well not fully Green but it's not illegal to own Bitcoin There's even an amended portion in recent Act to account for gains from it
The only ban is that Banks are banned from engaging or getting involved in cryptocurrency.
Original archived Re: An Opportunity for Bitcoin P2P Usage
Scraped on 26/08/2025, 23:02:31 UTC
Wait, you mean you folks haven't been having any sort of income tax before?
Most countries around the world that I know do have it, and it's mostly around 30% depending on the income class.
We did but it started before at 300K Naira which was 7% until it was increased since our minimum wage was increased of recent Most countries around the world that I know do have it, and it's mostly around 30% depending on the income class.
Our maximum 25% which is way better than most countries though I still complain about it Lol.
What they will do next is start introducing capital gains tax (tax aimed at your digital investment profits)
Quote
As for P2P, it appears your country was all over the news over banning cryptocurrencies, including arresting some Binance officials. Some people even complained of banks blocking their accounts for getting involved in P2P trading. How did this end?
Well not fully Green but it's not illegal to own Bitcoin There's even an amended portion in recent Act to account for gains from it
The only ban is that Banks are banned from engaging or getting involved in cryptocurrency.