Tag: #CIT

  • COMPANY INCOME TAX DROPS TO ₦1.49TRN IN Q4 2025 — NBS

    COMPANY INCOME TAX DROPS TO ₦1.49TRN IN Q4 2025 — NBS

    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…