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Company Income Tax collections fall 31% to N1.37 trillion in Q1 2026

June 13, 2026

Nigeria’s Company Income Tax (CIT) collections declined sharply in the first quarter of 2026, reflecting weaker tax receipts across key sectors of the economy despite strong contributions from financial services, mining, and manufacturing.

The post Company Income Tax collections fall 31% to N1.37 trillion in Q1 2026 appeared first on Nairametrics.

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