Caesar, a crypto tax rail for African markets, has commenced operations of its platform as Nigeria prepares to enforce comprehensive digital asset taxation starting January 1, 2026.
The platform is the first infrastructure layer purpose-built for African fintechs, exchanges, wallets, neobanks, and companies holding digital assets to meet new tax requirements
Nigeria processed $92.1 billion in cryptocurrency value between July 2024 and June 2025, ranking second globally for crypto adoption. With the new tax act providing clarity and coverage for digital asset activities, platforms must register with tax authorities, remit VAT and withholding taxes on transaction fees, report large transactions, and maintain seven-year audit trails.
Caesar provides a single infrastructure layer that turns raw transaction data into tax-ready outputs aligned with Federal Inland Revenue Service (FIRS) requirements. Platforms can calculate not just their own VAT and withholding tax liabilities, but also the personal income tax and capital gains tax on their users’ crypto transactions—and share it with them.
“Thirty days from now, the rules change for every company in Nigeria that touches crypto,” said Olaniyi Gbadeyan, Co-Founder of Caesar. “Most don’t have the systems to comply. We built Caesar so they can plug in tax infrastructure instead of building it from scratch.”
Nigeria’s new tax framework introduces significant obligations for digital asset businesses. Individual crypto gains now face progressive taxation up to 25 percent, while corporate capital gains tax has increased from 10 to 30 percent.
Platforms must collect VAT and withholding taxes on service fees, commissions, and vendor payments. Large and suspicious transactions must be reported to FIRS and the Nigerian Financial Intelligence Unit. Non-compliance carries an initial N10 million fine, N1 million for each subsequent month, and the risk of license revocation.
Read also: Tax Act reveals penalties up to N10,000,000, 10 years jail term, amidst others
With stablecoins now accounting for 43 percent of Sub-Saharan Africa’s crypto transaction volume and retail activity driving the bulk of Nigeria’s market, the compliance burden falls on platforms serving millions of everyday users.
Caesar is built for any entity with exposure to digital assets. Crypto exchanges and wallets can generate user-level tax calculations, annual statements, and FIRS-ready filing packs. Fintechs and payment providers can handle VAT and WHT on platform fees and checkout services. Neobanks offering crypto features gain tax infrastructure for savings products and stablecoin accounts. Remittance apps get a compliance layer for cross-border stablecoin flows. Companies holding digital assets can track cost basis and report capital gains for corporate treasuries.
Every calculation references a specific ruleset version, ensuring auditability. “Regulators and auditors ask two questions: which rules did you apply, and can you reproduce this result?” said the co-founder. “Caesar answers both. Every output traces back to the exact rule version in force at the time.”
Caesar also serves public institutions. The platform feeds structured indicators into regulatory monitoring systems, providing tax authorities with aggregated, anonymised views of platform-level compliance without exposing individual user data.
Caesar is now accepting integrations in Nigeria, with sandbox access available for exchanges, fintechs, neobanks, remittance providers, and any business handling digital assets. Businesses can request access at caesarafrica to connect to a sandbox environment and generate Nigeria-ready tax reports and filing packs.
