September 5, 2023/CSL Research Based on the latest Company Income Tax report by the National Bureau of Statistics (NBS), Company Income Tax (CIT) for Q2 2023 was reported at N1.53 trillion, up 226.40% q/q from N469.01 billion in Q1 2023. on a year-on-year basis, CIT in Q2 2023 increased by […]
OPINION/EDITORIAL
ASEAN Matters: Cooperation for Stronger and More Resilient Global Economy
September 5, 2023/IMF Remarks by IMF Managing Director Kristalina Georgieva at the plenary session of 43rd ASEAN Summit September 5, 2023 As prepared for delivery Introduction Thank you, President Jokowi, it gives me great pleasure to address the ASEAN summit — it is uplifting to be with the leaders from […]
Company Income Tax Revenue Increased by 58% to N1.5Trn in Q2 2023
September 5, 2023/FBNQuest Our chart today, drawn from company income tax (CIT) data produced by the National Bureau of Statistics (NBS), shows that total CIT receipts into the federation’s account amounted to NGN1.5trn in Q2 ’23. The amount represents a substantial rise in CIT collection compared to the NGN714bn and […]
