ZAED Consulting

It's Friday.

Before you close for the week, ask yourself:

Is your business as compliant as it is profitable?

That's a question every business owner should be able to answer.

Trust ZAED. Stay Compliant. Stay Confident.

Nigeria Revenue Service just released official guidelines classifying Digital Assets into 6 categories.

This is one of the clearest framework yet for how crypto, stablecoins, NFTs, and tokenised assets will be taxed in Nigeria.

Category 1: Cryptocurrencies & Exchange Tokens

Bitcoin, Ethereum, Solana, BNB, etc.

These function as medium of exchange, store of value, or unit of account.

Not pegged to any fiat.

Tax:

👉 Income tax on gains from disposal
👉 Stamp duty on eligible token transfers

Category 2: Stablecoins & Payment Tokens

USDT, USDC, BUSD, etc.

Designed to maintain stable value by reference to fiat. Used for payments and settlement.

Tax:

👉 Same as Category 1 (gains + stamp duty).

Note: If the stablecoin offers yield, that yield falls under Category 4.

Category 3: Security & Investment Tokens

Tokenised equity, revenue-sharing tokens, asset-backed tokens, tokenised bonds, etc.

These represent ownership or economic interest and are regulated as securities under the Investments and Securities Act 2025.

Tax:

👉 Income tax on gains
👉 Stamp duty on eligible transfers

Important: The stock/shares exemption only applies to tokenised Nigerian stocks and shares — not all Category 3 tokens.

Category 4: Utility & Governance Tokens

Gaming tokens, access tokens, DAO governance tokens, staking derivatives, receipt tokens, etc.

These give access to a product/platform or generate yield, staking rewards, or DeFi returns.

Tax:

👉 Income tax on gains from disposal
👉 Staking rewards, DeFi yield & liquidity rewards are taxable as income at the point of receipt.

Category 5: NFTs

Digital art, music NFTs, collectibles, property NFTs, etc.

Tax treatment depends on economic substance and whether you are a creator, investor, or trader.

This is the most flexible (and potentially complex) category.

Category 6: Sovereign Digital Currency

eNaira and foreign CBDCs held by Nigerian residents.

Treated exactly like fiat currency.
No Virtual Asset tax obligations apply.

Key Takeaways for Founders, Investors & Operators:

1. Gains on disposal of most VAs are taxable.

2. Stamp duty can apply on certain transfers.

3. Yield, staking rewards and DeFi returns are taxable when received.

4. Classification matters, get it wrong and you risk incorrect reporting.

5. Tokenised Nigerian stocks/shares have limited exemptions.

We believe this guideline brings much-needed clarity, but it also increases the compliance burden for anyone dealing in digital assets.

At ZAED Consulting , we help fintechs, crypto platforms, and investors correctly classify their assets and structure compliant tax & regulatory frameworks.

Need clarity on how this affects your business or portfolio?

DM us or reach out at [email protected]

We turn regulatory complexity into clear action.

Welcome to August!

A new month brings new opportunities to grow, stay compliant, and build with confidence.

May August be a month of progress, smart decisions, and sustainable success for your business.

Happy New Month from all of us at ZAED Consulting.

Trust ZAED. Stay Compliant. 💚

Meet our speakers for tonight’s Space.

1. Olayimika Oyebanji — Legal Consultant
2. Femi Adegolu — Co-Founder, Tradepal AI
3. Tola Joseph Fadugbagbe — Crypto KOL

Join us tonight | 6PM WAT

Crypto Under the Spotlight: What the New VASP Framework Means for Your Business

Hosted by ZAED Consulting.

Set a Reminder here:

https://x.com/i/spaces/1MJgNNmdLXlGL

See you there! 🔥

Every crypto transaction tells a story.
Make sure your records tell the right one. 🔥🔥

Crypto Under the Spotlight: What the New VASP Framework Means for Your Business

The regulatory landscape for virtual assets in Nigeria is evolving.

For founders, operators, and professional service providers, understanding the new VASP framework is no longer optional, this is now essential.

Tonight at 6PM WAT, ZAED Consulting will host a focused discussion on the practical implications of the framework.

Speakers:
Olayimika Oyebanji – Legal Consultant and Legal Consultant to the House of Representatives Ad-Hoc Committee on the Economic, Regulatory and Security Implications of Cryptocurrency Adoption and PoS Operations.

Femi Adegolu – Co-Founder, Tradepal AI

Tola Joseph Fadugbagbe – Crypto KOL

ZAED Team:
Ebubechukwu A.U – Co-Host
Oladosu Motunrola.AAT,B.ED,ACA – Moderator
Awele Stanley, CBP – Co-Host

This session is designed to bring clarity, not confusion.

Join the conversation tonight
30th July 2026 | 6PM WAT

Set a reminder here:

https://x.com/i/spaces/1MJgNNmdLXlGL

Tomorrow, we’re putting the new VASP framework under the spotlight.
Space:

Crypto Under the Spotlight: What the New VASP Framework Means for Your Business

Join us as industry operators and thought leaders break down the practical implications of the new regulatory framework for businesses in the crypto and fintech space.

Date: Thursday, 30th July
Hosted by

Time + link coming shortly.

Who’s joining us?

A new week is another opportunity to grow your business and stay compliant.

When Tunde launched his tech company, he thought crossing borders meant crossing into bigger opportunities.

Within two years, he had clients in the UK, UAE, Kenya, and the United States.
Revenue was growing.

The business looked successful.

But behind the scenes, he was asking questions many founders don't think about until it's too late.

Which country do I owe tax?

Am I exposing my company to unnecessary tax risks?

Are my contracts and business structure compliant across jurisdictions?

Growth without the right tax strategy can become an expensive mistake.

Expanding internationally is not just about reaching new markets.

It's about understanding the tax, regulatory, and compliance obligations that come with every new jurisdiction.

At ZAED Consulting, we help businesses navigate international tax rules, structure cross-border operations efficiently, and remain compliant while scaling globally.

Your business deserves to grow without unexpected tax surprises.

Trust ZAED. Stay Compliant. Stay Confident.

📞 +234 703 043 3359