Capital Gains Tax: Analysts fear asset sell-off by investors as FG focuses on revenue

Analysts have suggested that the newly introduced Capital Gains Tax (CGT), which is expected to take effect from January 1, 2026, will negatively impact investments and the macroeconomic stability of the country.

They said they do not think the policy is a good idea, especially with implications on venture capital investment, real estate and other key investments.

They also said that this has led many of the portfolio investors to consider selling their assets before the end of the year at the existing 10% rate.

Source: Nairametrics