Nigeria's Company Income Tax (CIT) revenue fell by 31 per cent in 2026, according to figures released by the National Bureau of Statistics (NBS).
The decline was captured in the bureau's latest report, published on 29 July 2026. No further breakdown of the data was immediately available at the time of publication.
Company Income Tax is a key component of Nigeria's non-oil revenue base, levied on the profits of registered businesses operating in the country. Significant fluctuations in CIT collections often signal broader shifts in corporate profitability, compliance levels, or economic activity.
Further details, including sectoral performance and month-on-month trends, are expected as the NBS releases additional supporting data.
