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Company Income Tax

Nigeria’s Company Income Tax Revenue Slumps by 14.96%


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Company Income Tax collections in the first quarter of 2023 in Nigeria decreased by 14.96 percent from Q1, 2022, on a year-on-year basis, the National Bureau of Statistics has said. Company Income Tax (CIT) for first quarter of…

Nigeria records 32percent growth in company income tax revenue


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The Nigerian Federal Government has recorded an increase of N97.09 billion in Company Income Tax (CIT) in the First Quarter (Q1) of 2021. According to the National Bureau of Statistics (NBS), the collection soared from the N295.72…

NBS releases Company Income Tax data by sectors


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The National Bureau of Statistics (NBS) has published sectoral distribution of Company Income Tax data for Q4 2020. The report reflected that the sum of N295.72bn was generated as CIT in Q4 2020 as against N416.01bn generated in Q3 2020…