Nigeria’s corporate income tax receipts fell in the first quarter of 2026, reaching N1.37 trillion, according to data released by the National Bureau of Statistics on Monday. The figures show that company income tax (CIT) declined by 8.98% compared with N1.449 trillion collected in the fourth quarter of 2025.
Looking at the breakdown, domestic CIT amounted to N538.91 billion, while taxes linked to foreign payments were recorded at N828.82 billion over the period. In the bureau’s report, it said: “Company Income Tax (CIT) in Q1 2026 stood at N1.37 trillion, indicating a decrease of 8.08% on a quarter-on-quarter basis from N1.49 trillion in Q4 2025.”
The NBS added: “Of the total CIT collected, domestic CIT contributed N538.91 billion, while foreign CIT payment accounted for N828.82 billion during the quarter.”
Zibuyile began her media journey as a sales intern at Mediamark (Kagiso Media) before moving into digital content creation for ZAlebs.com. Over four years, she helped evolve the platform from a simple blog into one of South Africa’s leading independent entertainment news sites.
Following ZAlebs’ transition to Celebrity Worx in 2016, Zibuyile was promoted to Executive Editor, recognized for her sharp audience insight and ability to match editorial with branded content. Highlights of her time include a Bookmark Award nomination, judging TLC’s Next Great Presenter, reporting from the MTV EMAs, and building partnerships with radio stations like YFM, Cliff Central, and Good Hope FM.
Her editorial work also expanded to include fast-growing digital verticals—such as lifestyle tech, online entertainment, and gambling-related content—tailored to evolving reader interests and brand opportunities.
