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Tag "CIT"

NBS: FG collected N4.89trn as company income tax in 2023

    NBS: FG collected N4.89trn as company income tax in 2023

The federal government collected a total of N4.89 trillion in company income tax (CIT) in 2023. The National Bureau of Statistics (NBS) disclosed this in its recent CIT report for

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FAAC: FG, states, LGs shared N1.14trn in January — up by N22bn

    FAAC: FG, states, LGs shared N1.14trn in January — up by N22bn

The federation account allocation committee (FAAC) says it shared N1.14 trillion with the three tiers of government in January 2024. The figure represents an increase of N22 billion compared to

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NBS: FG’s revenue from company income tax tripled to N1.53trn in Q2 2023

    NBS: FG’s revenue from company income tax tripled to N1.53trn in Q2 2023

The federal government’s revenue from company income tax (CIT) more than tripled to N1.53 trillion in the second quarter (Q2) of 2023. Data culled from the National Bureau of Statistics

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FG generated N469bn from company income tax in Q1 2023 — down by 37.8% from Q4 2022

    FG generated N469bn from company income tax in Q1 2023 — down by 37.8% from Q4 2022

The federal government generated N469.01 billion from company income tax (CIT) in the first quarter (Q1) of 2023. The accrual decreased by 37.79 percent from N753.88 billion earned in the

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FG made N2.83trn from company income tax in 2022 — up by 116% in one year

  FG made N2.83trn from company income tax in 2022 — up by 116% in one year

The federal government generated a total of N2.83 trillion from company income tax (CIT) in 2022, an increase of 116

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NBS: FG generated N2.1trn from company income tax in first nine months of 2022

  NBS: FG generated N2.1trn from company income tax in first nine months of 2022

The federal government generated N2.1 trillion from company income tax (CIT) in the first nine months of 2022. The National Bureau

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NBS: Nigeria raked in N714bn from company income tax in Q2 2022

  NBS: Nigeria raked in N714bn from company income tax in Q2 2022

The National Bureau of Statistics (NBS) says Nigeria generated N714.40 billion from company income tax (CIT) in the second quarter (Q2) of

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INSIGHT: Nigeria’s N4trn budget for petrol subsidy is more than 2021 CIT, VAT combined

  INSIGHT: Nigeria’s N4trn budget for petrol subsidy is more than 2021 CIT, VAT combined

On Thursday, the national assembly approved the request of President Muhammadu Buhari to earmark N4 trillion for petrol subsidy in

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