▪️’150.83 % Surge,’ NBS gives details of Q2 2024 CIT earnings The National Bureau of Statistics (NBS) says the federal government generated a total of N2.47 trillion, from company income tax (CIT) in the second quarter (Q2) of 2024. The NBS, in its Q2 CIT report published on Monday, said the amount increased by 150.83 percent from earnings in the first quarter (Q1). The CIT is a tax on the profits of incorporated entities in Nigeria. It also includes the tax on the profits of non-resident companies…
Read MoreNigeria Rakes In N2.47 Trillion Company Income Tax in 3 Months
