Oluwasegun Alegbe

Serial Entrepreneur / investor / IT Consultant.

[Oluwasegun Alegbe @Olly54]

@Ryanmatta https://t.co/SdsWT58Upm has been restricted or blocked on all social media platforms since the Ukraine Russia war started cos they were exposing some many facts our government don't want us to know.

[abikedabiri @abikedabiri]

What a sight to behold . ⁦@RoyalFamily⁩ ⁦@officialABAT⁩ and ⁦⁦@SenRemiTinubu⁩ state visit to the UK

[D. H Bwala @BwalaDaniel]

Listen to the TRANSACTIONAL POLITICIAN-IN-CHIEF. The political leader of the online Trojans whose sense of judgement is covered by the delusion of grandeur

[Abier @abierkhatib]

wtf is this!!

[Joe Rogan Podcast News @joeroganhq]

Jimmy Dore tells Joe Rogan: "The world's terrorists are the United States. Look what we did to Iraq. Look what we did to Libya."

[sarah @sahouraxo]

Professor John Mearsheimer:

“From 1971 to 2021, the U.S. murdered 38 million people.”

“38 million.”

And this is the same U.S. that now wants to “liberate” Iran.

[Defiant Ghost @TheDefiantGhost]

Prof. Jiang Xueqin on the outcome of this war:

"The outcome is to kill as many people as possible, to destroy the entire global economy, to destroy Iran, to force the United States out of the Middle East, to destroy the Gulf nation states, to suck Turkey into the war, to lead to the creation of the Greater Israel Project and eventually Pax Judaica."

"And then, eventually, to create conditions for another world war called the War of Gog and Magog, where Russia and Iran attack Israel together, which will usher in the end of the world."

"It's all been preordained. It's all been scripted out. And that's exactly what's going to happen. And it's only a question of like time frame."

"It will be a disaster."

"Iran will be shattered. America will be forced out of the Middle East. And Israel will become the only standing power in the Middle East."

@xueqinjiang

[Max Blumenthal @MaxBlumenthal]

TPUSA got community noted for deliberately misrepresenting Charlie Kirk's vehement opposition to a US war on Iran

Imagine being assassinated in front of your wife, then having her willfully sell out your convictions and taint your legacy in front of the entire world

[CNN International PR @cnnipr]

Iran was not days or weeks away from having a nuclear weapon, the head of the United Nations’ nuclear watchdog Rafael Grossi told @BeckyCNN today, contradicting a US claim that Iran posed an imminent nuclear threat.

[OnePath Network @OnePathNetwork]

Aussie Amanda Rose shuts down reporter over Iran.

She says condemnation can’t be selective.

[Alex Explorer 𝐗 @AlexExplorer_]

@Timesofiraan Ups

[ARISE NEWS @ARISEtv]

Iran Was Not A Direct Threat To The United States, Except That Netanyahu Has Always Wanted To Go After Iran

The current crisis in the Middle East began when President Donald Trump withdrew from the Iranian nuclear deal negotiated under President Obama, despite international monitors confirming Iran’s compliance. What we are witnessing is not just about nuclear capability; it is about an attempt at regime change and history shows that such attempts by the United States have repeatedly failed.

Former Nigerian Diplomat, Ambassador Joe Keshi

[Iyo Obietonbara @sankofa360]

It is not "Islamic Jihads" that are responsible for global conflicts, it is also not China, Russia Iran or North Korea.

It is your favorite Yankees and their Allies. The so-called western democracies with so much "respect for human rights"

They are the devil that goes around the world looking for where to steal, to kill and destroy.

The man speaking in this video is
Rt four star Gen, Wesley Clark.

When they are done with the Middle East, their next stop will be in Africa. They will double their onslaught on the continent.

They will attempt to correct all the mistakes they made in their first colonization of the continent.

In the next 20/25 years, most of us will die from the conflicts they will bring to this continent.

But keep thinking this doesn't concern you.
Keep thinking this is about an attack on Islam.
Keep sleepwalking into your death.

I can only hope it's not too late before most of you realize what is actually happening.

[Joule Sullivan / The Sartorial Shooter @SartorialShootr]

I’m no fan of the Iranian Regime. They messed with me plenty when I lived there years ago. I saw the dark side of how they control the population with my own eyes. NOT a fan.

However, the facts are the facts:

[D. H Bwala @BwalaDaniel]

Calm and collected, Mr President @officialABAT is clear about our mission. We are engaging the world diplomatically and we would deal with terrorism

@CNN @FoxNews @BBCWorld @SkyNews @Reuters @washingtonpost @TimesLon

[Taiwo Oyedele @taiwoyedele]

𝐖𝐡𝐚𝐭 𝐘𝐨𝐮 𝐍𝐞𝐞𝐝 𝐭𝐨 𝐊𝐧𝐨𝐰 𝐀𝐛𝐨𝐮𝐭 𝐭𝐡𝐞 𝐍𝐞𝐰 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐆𝐚𝐢𝐧𝐬 𝐓𝐚𝐱 𝐑𝐮𝐥𝐞𝐬 𝐚𝐧𝐝 𝐂𝐚𝐩𝐢𝐭𝐚𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐈𝐧𝐯𝐞𝐬𝐭𝐦𝐞𝐧𝐭 𝐢𝐧 𝐒𝐡𝐚𝐫𝐞𝐬

𝘉𝘺 𝘵𝘩𝘦 𝘗𝘳𝘦𝘴𝘪𝘥𝘦𝘯𝘵𝘪𝘢𝘭 𝘍𝘪𝘴𝘤𝘢𝘭 𝘗𝘰𝘭𝘪𝘤𝘺 & 𝘛𝘢𝘹 𝘙𝘦𝘧𝘰𝘳𝘮𝘴 𝘊𝘰𝘮𝘮𝘪𝘵𝘵𝘦𝘦

𝐎𝐯𝐞𝐫𝐯𝐢𝐞𝐰

Recent discussions around the impact of the Capital Gains Tax (CGT) reform on the capital market have included some misinterpretations and misinformation. While detailed implementation guidelines will be provided through official regulations, it is important to clarify the critical issues at this stage.

The new CGT framework represents a major improvement over the existing law. The reform makes investment in the Nigerian capital market more attractive, reduces investment risk, and ensures fair treatment of legitimate costs incurred by investors. In essence, the reform promotes equity and confidence in the market - not the reverse.

𝐑𝐞𝐟𝐨𝐫𝐦 𝐎𝐛𝐣𝐞𝐜𝐭𝐢𝐯𝐞𝐬

𝑹𝒆𝒅𝒖𝒄𝒆 𝒊𝒏𝒗𝒆𝒔𝒕𝒎𝒆𝒏𝒕 𝒓𝒊𝒔𝒌 - by allowing deductions for capital losses and other investment-related costs.
𝑷𝒓𝒐𝒕𝒆𝒄𝒕 𝒔𝒎𝒂𝒍𝒍 𝒂𝒏𝒅 𝒊𝒏𝒔𝒕𝒊𝒕𝒖𝒕𝒊𝒐𝒏𝒂𝒍 𝒊𝒏𝒗𝒆𝒔𝒕𝒐𝒓𝒔 - by providing exemptions for retail investors and tax-exempt institutions such as Pension Funds (PFAs) and Real Estate Investment Trusts (REITs).
𝑯𝒂𝒓𝒎𝒐𝒏𝒊𝒔𝒆 𝒂𝒏𝒅 𝒔𝒊𝒎𝒑𝒍𝒊𝒇𝒚 𝒕𝒂𝒙 𝒂𝒅𝒎𝒊𝒏𝒊𝒔𝒕𝒓𝒂𝒕𝒊𝒐𝒏 - by aligning CGT with income tax rules to promote progressivity, consistency, and ease of compliance.

𝐊𝐞𝐲 𝐂𝐡𝐚𝐧𝐠𝐞𝐬

1. The flat 10% CGT rate has been replaced with progressive income tax rates ranging from 0% to 30%, depending on the investor’s overall income or profit level.

2. The top rate of 30%, which applies to large corporate investors, is expected to be reduced to 25% under the broader corporate tax reform.

3. Investors may now deduct certain costs that were previously disallowed under the old CGT regime ensuring that they are not taxed on a net loss position.

𝐄𝐱𝐞𝐦𝐩𝐭𝐢𝐨𝐧𝐬

The following transactions qualify for exemption under the new CGT framework:

1. Disposals within 12 months where total sales proceeds do not exceed ��150 million and total gains do not exceed ₦10 million.

2. Reinvestment of proceeds into shares of Nigerian companies within 12 months qualifies for full exemption where the general exemption threshold is exceeded.

3. Capital gains from foreign share disposals that are repatriated into Nigeria through CBN-authorised channels.

4. Institutional investors that enjoy corporate income tax exemption such as PFAs, REITs and NGOs are also exempted from CGT.

5. Small companies with turnover not exceeding ₦100 million and total fixed assets not more than ₦250 million pay 0% CGT.

6. Gains from investment in a labeled startup by venture capitalist, private equity fund, accelerators or incubators.

𝐃𝐞𝐭𝐞𝐫𝐦𝐢𝐧𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐆𝐚𝐢𝐧𝐬

For the purpose of CGT effective from 1 January 2026, the cost base for existing investments will be reset to the higher of:

a) the actual acquisition cost; and

b) the closing market price as at 31 December 2025.

This ensures fairness and prevents the application of the new rule to gains accrued before the new law takes effect.

𝐀𝐥𝐥𝐨𝐰𝐚𝐛𝐥𝐞 𝐃𝐞𝐝𝐮𝐜𝐭𝐢𝐨𝐧𝐬

Investors can now deduct a wider range of legitimate costs, including:

1. Realised capital losses on share disposals.

2. Transaction charges such as brokerage fees and regulatory levies.

3. Expenses such as margin interest and realised foreign exchange losses proved to be incidental to the investment while exchange gains would be treated as taxable.

𝐑𝐞𝐠𝐢𝐬𝐭𝐫𝐚𝐭𝐢𝐨𝐧 𝐚𝐧𝐝 𝐂𝐨𝐦𝐩𝐥𝐢𝐚𝐧𝐜𝐞

- Resident investors are required to register for tax and obtain a Tax ID.

- Non-resident investors who earn only passive income (e.g. dividends or capital gains) are not required to obtain a Tax ID.

- Self-assessment is the default compliance model, though regulations may be issued to introduce withholding or presumptive deductions at source through brokers or exchanges.

- All applicable taxes are to be paid in Naira.

𝐅𝐢𝐥𝐢𝐧𝐠 𝐚𝐧𝐝 𝐏𝐚𝐲𝐦𝐞𝐧𝐭 𝐃𝐞𝐚𝐝𝐥𝐢𝐧𝐞𝐬

𝑰𝒏𝒅𝒊𝒗𝒊𝒅𝒖𝒂𝒍𝒔 - on or before 31 March of the following year.

𝑪𝒐𝒎𝒑𝒂𝒏𝒊𝒆𝒔 - within six months after the financial year-end.

𝑵𝒐𝒏-𝒓𝒆𝒔𝒊𝒅𝒆𝒏𝒕 𝒊𝒏𝒗𝒆𝒔𝒕𝒐𝒓𝒔 - upon disposal of shares, except where reinvestment within the same year is expected. Brokers or exchanges may be authorised to deduct CGT at source.

𝐀𝐝𝐦𝐢𝐧𝐢𝐬𝐭𝐫𝐚𝐭𝐢𝐨𝐧

- Resident individuals are required to pay CGT to their state of residence in Nigeria.

- Resident companies are to file returns and remit applicable CGT to the Nigeria Revenue Service (NRS).

- Nonresident investors are to pay any applicable CGT to the NRS directly or through an appointed tax withholding agent.

𝐀𝐝𝐝𝐢𝐭𝐢𝐨𝐧𝐚𝐥 𝐂𝐥𝐚𝐫𝐢𝐟𝐢𝐜𝐚𝐭𝐢𝐨𝐧𝐬

𝑪𝒐𝒓𝒑𝒐𝒓𝒂𝒕𝒆 𝒓𝒆𝒐𝒓𝒈𝒂𝒏𝒊𝒔𝒂𝒕𝒊𝒐𝒏𝒔 - mergers, acquisitions, or internal restructurings as stipulated under the Nigeria Tax Act 2025 are exempt from CGT.

𝑻𝒓𝒂𝒏𝒔𝒊𝒕𝒊𝒐𝒏 𝒂𝒓𝒓𝒂𝒏𝒈𝒆𝒎𝒆𝒏𝒕𝒔 - gains earned on shares up to 31 December 2025 will be grandfathered and only taxed upon disposal where applicable, based on the law as at that date.

𝑹𝒆𝒄𝒐𝒓𝒅 𝒌𝒆𝒆𝒑𝒊𝒏𝒈 - investors are expected to maintain documentation of acquisition costs, sales proceeds, and related expenses for audit and verification.

𝑷𝒐𝒍𝒊𝒄𝒚 𝒊𝒏𝒕𝒆𝒏𝒕 - the reform is not revenue-driven but designed to achieve harmonisation, promote fairness, competitiveness, long-term interest and investor confidence in Nigeria’s capital markets.

𝐈𝐧 𝐚 𝐧𝐮𝐭𝐬𝐡𝐞𝐥𝐥:

The new CGT framework makes the tax system fairer, more aligned with global practice, and friendlier to long-term investors. It reduces investment risks, protects small investors, encourages reinvestment, and simplifies compliance while ensuring that large and high-income investors who wish to exit the market contribute their fair share on realised gains that are not re-invested.

[Oluwasegun Alegbe @Olly54]

@BarronTNews_ No

[Ayekooto @DeeOneAyekooto]

Nigeria will succeed..

[A. Ayofe @abdullahayofel]

This is the BEST Flag in the World

I wish you and your household whatever you wish Nigeria 🇳🇬

May God bless Nigeria and Every Lover of Nigeria.
Giant of Africa 👇 Rt🇳🇬❤️