Nigeria’s Q4 2025 CIT sees sharp quarterly decline but posts modest annual growth, with financial, manufacturing, and mining sectors leading contributions.
The National Bureau of Statistics (NBS) reports that Nigeria collected ₦1.49 trillion in Company Income Tax (CIT) in Q4 2025, down 49.81% from ₦2.96 trillion in Q3. Domestic CIT contributed ₦819.83 billion, while foreign payments added ₦668.21 billion.
Sector-wise, extraterritorial organisations recorded the highest growth at 75.15%, followed by education (54.20%) and real estate (27.25%). On the flip side, accommodation and food services (-67.11%), households as employers (-63.49%), and mining/quarrying (-49.63%) saw declines.
Top contributors to Q4 CIT were financial and insurance activities (18.17%), manufacturing (17.30%), and mining/quarrying (15.04%), while households as employers and water/waste management made minimal impact.
Year-on-year, CIT rose 13.38% compared to Q4 2024, showing steady annual gains despite the quarterly slump.
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