In the last decade, start-ups have emerged as key drivers of economic growth, job creation, and catalysts for radical innovation, with the technology startups spearheading this development. The Covid-19 Pandemic reinforced the inherent potentials of technology, as it championed the development of products channelled towards managing business models, improving systems, identifying new markets, setting new trends, and meeting needs. As such, the impact of technology has been experienced across different sectors from agriculture to insurance, financial services (in terms of payments and wealth creation), medicine, education, logistics and transportation, media, entertainment, fashion among others.
The Nigeria Tax Bill 2024: Taxation of Digital Assets in Nigeria
The global adoption of cryptocurrencies, Non-Fungible Tokens (NFTs), and other digital assets has transformed the way businesses operate, invest, and transact. AS these digital assets gain prominence, understanding how they are taxed and its implications becomes crucial for businesses navigating the evolving tax landscape in Nigeria