Nigeria’s New Tax Regime: What You Need to Know (Finance Act 2025)
At Akinyele Oluwale & Co. Investment LTD., we are committed to keeping our clients informed about the latest regulatory changes affecting businesses and individuals in Nigeria.
The Finance Act 2025 represents one of the most significant tax reforms in Nigeria in recent years. Signed into law to simplify the tax system, reduce multiple taxation, and improve ease of doing business, the Act introduces several key changes:
Major Highlights:
Company Income Tax (CIT) reduced to 25% for large companies (from 30%).
Tertiary Education Tax significantly reduced from 2% to 0.5%.
- Strengthened rules against multiple taxation across federal, state, and local governments.
- Expanded scope of Value Added Tax (VAT) on digital services and luxury goods.
- Higher exemption thresholds for Capital Gains Tax and Personal Income Tax.
- Mandatory digital compliance through the new Rev360 platform.
New Tax Portal – Rev360
The Federal Inland Revenue Service (FIRS) has launched Rev360 (www.rev360.gov.ng), a unified digital platform for all federal tax filings and payments. This new system makes tax compliance easier, faster, and more transparent.
Our Advisory
These reforms present both opportunities and compliance requirements for businesses. Early adaptation will help you avoid penalties and optimize your tax position.
🚨 CryptosGist Weekly Crypto Recap
The Biggest Crypto, AI & Digital Finance Stories of the Week Week Ending 18 July, 2026 - By Akinyele Oluwale | Founder, CryptosGist 🌐 www.akinyeleoluwale.finance
Executive Summary
The cryptocurrency and digital finance industry continued its rapid evolution last week, driven by significant institutional adoption, artificial intelligence investments, regulatory developments, and blockchain innovation. While Bitcoin maintained its position as the world's leading digital asset, major announcements from global technology companies and financial institutions demonstrated that the future of finance is increasingly being built on the convergence of AI, blockchain, and tokenization.
Last week saw reports of Meta and Anthropic exploring a potential $10 billion AI compute partnership, Bank of America strengthening its digital asset leadership, continued growth in stablecoin adoption, and increased institutional interest in blockchain-based financial infrastructure. These developments reinforce one key message: digital assets are becoming an integral part of the global financial system rather than a niche alternative.
Whether you are an investor, trader, business owner, or technology enthusiast, this weekly recap highlights the stories that mattered most and why they deserve your attention.
📰 Top Stories of the Week
1. Meta & Anthropic Reportedly Discuss a $10 Billion AI Compute Deal
One of the week's biggest headlines came from the artificial intelligence sector, with reports that Meta and Anthropic are in discussions over a potential AI compute agreement valued at approximately $10 billion.
Unlike a traditional acquisition, the reported arrangement would focus on providing massive computing infrastructure to support the development of Anthropic's Claude AI models.
Why It Matters
Artificial intelligence is becoming increasingly dependent on computing infrastructure. The companies that control GPUs, cloud computing, energy, and data centers may hold one of the strongest competitive advantages over the coming decade.
Market Impact
2. Bank of America Expands Digital Asset Leadership
Bank of America appointed new leadership to oversee digital assets, stablecoins, custody solutions, and blockchain-based settlement.
This demonstrates that traditional financial institutions are continuing to invest heavily in blockchain infrastructure rather than ignoring it.
Why It Matters
The conversation has shifted from whether banks should adopt blockchain technology to how quickly they can integrate it into existing financial systems.
3. Institutional Adoption Continues
Institutional participation remains one of the strongest long-term trends in cryptocurrency.
Banks, asset managers, payment companies, and technology firms continue investing in:
This gradual integration continues strengthening confidence across the industry.
📈 Market Performance
Bitcoin (BTC)
Bitcoin remained the market leader throughout the week, with investors closely monitoring institutional inflows and macroeconomic developments.
Market Sentiment
Neutral to Bullish
Key Drivers
Ethereum (ETH)
Ethereum continued benefiting from growing interest in tokenization, decentralized finance, and enterprise blockchain applications.
Developers remain optimistic regarding future ecosystem growth.
Altcoin Market
Several AI-related cryptocurrencies and infrastructure-focused blockchain projects attracted increased investor attention during the week.
Investors should continue focusing on projects with strong utility and active development rather than short-term speculation.
🏦 Institutional Watch
Institutional adoption remained one of the defining themes of the week.
Key Developments
• Continued investment into blockchain infrastructure.
• Growing interest in stablecoins.
• AI integration within financial institutions.
• Expansion of digital custody solutions.
Large financial institutions increasingly view blockchain technology as part of mainstream financial infrastructure rather than an experimental technology.
🤖 AI Meets Crypto
Artificial intelligence continues reshaping the cryptocurrency industry.
This week's developments highlighted several emerging trends:
The relationship between AI and blockchain continues strengthening, creating new opportunities across digital finance.
🌍 Global Regulation Watch
Governments and regulators worldwide continued refining digital asset policies.
United States
Institutional engagement remains strong while policymakers continue evaluating stablecoin and digital asset legislation.
Europe
Tokenization initiatives and regulatory frameworks continue expanding under established digital asset regulations.
Asia
China, Hong Kong, Singapore, and Japan remain highly active in blockchain innovation and AI investment.
Africa
Nigeria continues exploring opportunities to strengthen its digital financial ecosystem through blockchain innovation and fintech development.
🚀 Altcoin Spotlight
XRP
XRP remained one of the most closely watched digital assets due to continued institutional interest in blockchain-based cross-border payments.
As tokenization and digital settlement continue expanding globally, payment-focused blockchain networks remain an important sector for investors to monitor.
💡 Investment Insight of the Week
One of the biggest lessons from this week's developments is that infrastructure is becoming the foundation of the digital economy.
The companies building:
may become some of the largest beneficiaries of the next decade's technological transformation.
Rather than viewing AI and cryptocurrency as separate industries, investors should recognize that they are increasingly interconnected.
📅 What to Watch Next Week
Investors should monitor:
📌 Bitcoin Price Action
Will institutional buying continue?
📌 Stablecoin Developments
Watch for further adoption by banks and payment companies.
📌 AI Infrastructure
Continued investment into computing capacity remains one of the strongest long-term trends.
📌 Regulation
New announcements from major regulators could influence market sentiment.
📌 Institutional Adoption
Monitor announcements from banks, asset managers, and payment companies regarding blockchain integration.
Final Thoughts
This week's developments reinforce a powerful reality: the future of finance is being shaped by the convergence of artificial intelligence, blockchain technology, and institutional adoption.
What once seemed like separate industries are increasingly merging into a unified digital financial ecosystem. Banks are embracing digital assets, technology companies are investing billions in AI infrastructure, and governments are developing frameworks to support innovation while protecting investors.
For long-term investors, the focus should not be solely on short-term price movements but on identifying the technologies and infrastructure that will underpin the next generation of global finance.
As the digital economy evolves, those who stay informed and understand the broader trends will be better positioned to identify opportunities and manage risks.
About CryptosGist
CryptosGist delivers trusted insights on cryptocurrency, artificial intelligence, blockchain, tokenization, digital finance, and global markets—helping investors and professionals understand the trends shaping the future.
📱 Follow @CryptosGist for daily updates, market analysis, and expert commentary.
🌐 Website: www.akinyeleoluwale.finance
Markets move fast. Insight moves faster.
Stay informed. Stay ahead.
— CryptosGist
