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.
Amazon Delivery Drivers in Japan to Be Paid in Stablecoins
Japan's First Large-Scale Corporate Stablecoin Payroll Could Transform the Future of Digital Payments
By Akinyele Oluwale & Co. Investment Ltd.
🌐 www.akinyeleoluwale.finance
Executive Summary
Japan is taking another significant step toward mainstream digital finance. AZ-COM Maruwa, Amazon's largest delivery partner in Japan, has announced plans to pay approximately 2,300 delivery carriers and independent drivers using the yen-backed stablecoin JPYC. If implemented as announced, this would represent Japan's first large-scale corporate stablecoin payroll program, moving stablecoins beyond trading and remittances into everyday business operations. The initiative demonstrates how blockchain technology is beginning to solve real-world payment challenges by enabling faster, programmable, and potentially lower-cost transactions while maintaining price stability through a currency-pegged digital asset. This development further reinforces Japan's position as one of the world's leading jurisdictions for regulated digital asset innovation.
A Major Milestone for Stablecoins
For years, stablecoins have primarily been associated with cryptocurrency trading, decentralized finance (DeFi), and cross-border transfers.
Now, they are beginning to enter the traditional workplace.
AZ-COM Maruwa, one of Japan's largest logistics companies and Amazon's biggest delivery partner in the country, has announced that it intends to pay around 2,300 delivery partners and independent drivers using JPYC, a yen-backed stablecoin.
Unlike cryptocurrencies such as Bitcoin or Ethereum, whose values fluctuate significantly, JPYC is designed to maintain a value linked to the Japanese yen, making it more suitable for payroll and business transactions.
If successfully rolled out, this initiative would mark Japan's first large-scale corporate use of stablecoins for employee and contractor payments.
What Is JPYC?
JPYC is a yen-linked stablecoin developed for use within Japan's digital economy.
Its purpose is to combine the efficiency of blockchain payments with the price stability of the Japanese yen.
Key characteristics include:
Unlike speculative cryptocurrencies, stablecoins aim to preserve purchasing power while enabling instant digital transfers.
Why This Matters
This announcement is significant because it demonstrates that stablecoins are moving from theory into practical business use.
For years, industry leaders argued that stablecoins could become the preferred payment infrastructure for businesses.
Japan may now be providing one of the first large-scale real-world examples.
Benefits for Delivery Drivers
If implemented successfully, drivers could experience several advantages:
Faster Payments
Blockchain-based transfers can reduce settlement times compared with some traditional payment systems.
Lower Transaction Costs
Digital payment infrastructure may reduce processing expenses compared with conventional banking rails.
24/7 Availability
Unlike many banking systems, blockchain networks can operate continuously, allowing payments to be processed outside traditional banking hours.
Digital Financial Access
Drivers could potentially use stablecoins for digital payments, transfers, and participation in other blockchain-based financial services.
Why Amazon's Delivery Partner Is Leading This Initiative
AZ-COM Maruwa operates one of Japan's largest logistics networks.
Managing payments for thousands of delivery contractors requires:
Stablecoins may offer improvements in each of these areas, particularly where programmable payments and automation are beneficial.
It is important to note that the announcement relates to AZ-COM Maruwa's payroll system—not to Amazon itself adopting stablecoin payroll globally.
Japan's Growing Leadership in Digital Finance
This announcement follows several major digital asset initiatives in Japan.
Recent developments include:
Together, these developments indicate that Japan is positioning itself as one of the world's most advanced digital finance markets.
Why Stablecoins Are Becoming More Important
Stablecoins have evolved into one of blockchain's most practical applications.
Unlike highly volatile cryptocurrencies, they offer:
As businesses become more comfortable with blockchain technology, stablecoins are increasingly being explored for payroll, treasury management, merchant payments, and cross-border commerce.
Implications for Global Business
Japan's initiative could encourage companies in other countries to explore similar payment models.
Industries that rely heavily on contract workers—such as logistics, transportation, ride-sharing, and the gig economy—may find stablecoin payroll particularly attractive.
If successful, this model could influence future payroll systems beyond Japan.
Challenges Ahead
Despite the opportunities, several challenges remain.
Regulatory Compliance
Businesses must continue complying with anti-money laundering (AML), tax reporting, and consumer protection regulations.
User Adoption
Employees and contractors will need access to compatible wallets and a clear understanding of how stablecoin payments work.
Interoperability
Businesses must ensure stablecoins integrate smoothly with existing payroll, accounting, and banking systems.
Education
Many workers are unfamiliar with digital assets, making education and support essential for successful adoption.
Investment Perspective
The broader significance extends beyond one logistics company.
It signals that stablecoins are beginning to solve practical business problems.
As adoption expands, sectors that could benefit include:
Rather than replacing traditional banking overnight, stablecoins are increasingly becoming an additional payment rail within the financial system.
Akinyele Oluwale & Co. Investment Ltd. Insight
For years, many viewed stablecoins primarily as tools for cryptocurrency traders.
That narrative is changing.
The real opportunity lies in enterprise adoption.
When businesses begin paying workers, settling invoices, and managing treasury operations using regulated stablecoins, blockchain moves from speculation to infrastructure.
Japan continues demonstrating that responsible regulation and technological innovation can coexist.
If this payroll initiative proves successful, it could become a blueprint for logistics companies, gig-economy platforms, and multinational corporations worldwide.
The future of payments may not eliminate traditional banking—but it is increasingly likely to include blockchain-powered stablecoins as a core component.
Final Thoughts
The decision by AZ-COM Maruwa to introduce JPYC stablecoin payroll for approximately 2,300 delivery partners represents another milestone in the evolution of digital finance.
While implementation will determine its long-term success, the announcement highlights a broader trend:
Stablecoins are transitioning from crypto exchanges into everyday commerce.
For investors, business leaders, and policymakers, the message is becoming increasingly clear:
The future of money is not just digital—it is programmable, regulated, and increasingly integrated into real-world economic activity.
Companies that understand and adapt to this transformation may gain a competitive advantage as digital payments continue to evolve.
About Akinyele Oluwale & Co. Investment Ltd.
We provide professional insights into cryptocurrency, artificial intelligence, blockchain, digital finance, tokenization, and global investment trends, helping investors and businesses navigate the rapidly evolving financial landscape.
🌐 Website: www.akinyeleoluwale.finance
📧 Email: akinyeleoluwaleco@gmail.com
Markets move fast. Insight moves faster.
Stay informed. Stay ahead.
— Akinyele Oluwale & Co. Investment Ltd.
