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The National Bureau of Statistics, NBS, says Nigeria’s aggregate Company Income Tax, CIT, for Q1 2024 stands at N984.61 billion. The figure is contained in the NBS Company Income Tax, CIT, Q1 2024 Report released in Abuja on Tuesday. According to the report, the figure shows a growth rate of -12.87 per cent on a quarter-on-quarter basis from N1.13 trillion recorded in Q4 2023. The report said local payments received were N386.49 billion, while foreign CIT payment contributed N598.13 billion in Q1 2024. It said on a quarter-on-quarter basis, activities of households as employers, undifferentiat…

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