Nigeria’s VAT and CIT Revenue Surge in First Nine Months of 2025
Nigeria’s revenue from Value Added Tax (VAT) and Company Income Tax (CIT) has seen significant growth in the first nine months of 2025. This growth reflects improved non-oil revenue performance and enhanced fiscal capacity. Key Highlights:
Black News 
Nigeria’s revenue from Value Added Tax (VAT) and Company Income Tax (CIT) has seen significant growth in the first nine months of 2025. This growth reflects improved non-oil revenue performance and enhanced fiscal capacity.
Key Highlights:
- Company Income Tax (CIT): Nigeria’s CIT rate is 30% for large companies with a gross turnover above NGN 100 million.
- Growth Drivers: Improved non-oil revenue performance and enhanced fiscal capacity have contributed to the growth in VAT and CIT revenue.
