Local Company Income Tax payments in Nigeria more than tripled in Q2 2024, from ₦386b in Q1 to ₦1.35t

Local company income tax in Nigeria surged threefold quarter-on-quarter in Q2 2024, reaching ₦1.35t. Agriculture, Forestry, and Fishing led with a growth of 474.5%, while Household Employment and Own-Use Production experienced the steepest decline at -30.22%

Source:

Federal Inland Revenue Service, National Bureau of Statistics

Period:

2024
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