10 things you need to know about the new progressive PIT rates

    Chisom Micheal | TAX | Nov 12, 2025    
Get Unlimited Access
Subscribe to unlock this article

Complete digital access to quality journalism on any device. Cancel anytime during your trial.

Once registered, you can:

  • Read this article and many more, including access to epapers and research
  • Enjoy customize article feed/recommendation based on your profile
  • Enjoy access to Businessday exclusive events
  • One-Access accross Businessday platforms

Share this article
Shared
3309
times

The Nigerian government announced new progressive Personal Income Tax (PIT) rates under the Nigeria Tax Act 2025, which will be taking effect from January 1, 2026. The reform represents the most comprehensive update to the country’s personal tax system in more than 20 years.

Continue reading your article with a
BusinessDay subscription





Already a subscriber?
Sign In
RECOMMENDED STORIES
support_agent