Tag: #CIT
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TAX: LAGOS CHAMBER OF COMMERCE SEEKS ONE-MONTH CIT FILING EXTENSION, WAIVER
The Lagos Chamber of Commerce and Industry (LCCI) has urged the Nigeria Revenue Service (NRS) to grant a one-month extension for the filing of Company Income Tax (CIT) returns. The appeal followed widespread technical glitches that occurred on the newly introduced Rev360 tax platform. Director General, LCCI, Dr Chinyere Almona, made the appeal on Wednesday…
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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…
